Toyota to launch 10 new battery EV models by 2026, government claims

Toyota to launch 10 new battery EV models by 2026, government claims


A Toyota RAV4 Key electric powered vehicle is recharged October 3, 2022 at a charging station at the town hall in Charlotte, Vermont.

Robert Nickelsberg | Getty Pictures

Toyota Motor Corp aims to introduce 10 new battery electrical car styles by 2026, a senior govt said on Friday, as the Japanese automaker seems to be to capture up in electric autos.

Toyota will also established up a new, specialised unit to concentrate on battery EVs and is targeting annual generation of 1.5 million battery-powered automobiles by 2026, Hiroki Nakajima, the company’s main know-how officer, explained at a briefing.

The improve would mark a sharp upturn from Toyota’s current ranges of electrical motor vehicles.

The automaker, the world’s premier by revenue, has pushed back versus criticism it has been too slow to embrace battery-powered automobiles. Toyota argues that a combine of selections – which includes gasoline-electrical hybrids, would make additional sense for its global customer base.



Supply

South Korea parliament passes amended bill to target low equity valuations
World

South Korea parliament passes amended bill to target low equity valuations

Signage for the Hyundai Motor Co. annual shareholders meeting stands at the company’s headquarters in Seoul, South Korea. Bloomberg | Bloomberg | Getty Images South Korea’s parliament on Monday approved a bill that intends to increase the accountability of corporate boards to shareholders, as the ruling party-controlled parliament pushes reforms to boost the country’s equity valuations. […]

Read More
Nio shares surge over 14%, extending gains for seventh session
World

Nio shares surge over 14%, extending gains for seventh session

NEW YORK, NY – SEPTEMBER 12: Logos for Chinese electric car company NIO are displayed at a trading post on the floor of the opening bell at the New York Stock Exchange (NYSE), September 12, 2018 in New York City. The Shanghai-based electric car company opened for trading at $6 per share. (Photo by Drew […]

Read More
Vietnam starts mass evacuations, shuts airports as Typhoon Kajiki approaches
World

Vietnam starts mass evacuations, shuts airports as Typhoon Kajiki approaches

A man wearing a raincoat rides a bicycle on a road before Typhoon Kajiki makes landfall in Vietnam, in Nghe An province on August 25, 2025. Nhac Nguyen | Afp | Getty Images Vietnam has shut down airports, closed schools, and initiated mass evacuations as it prepares for the most powerful storm so far this year. […]

Read More