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Toyota to speed up EV production, aims for over 600,000 units in 2025 – Nikkei
2023.09.22 04:55
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© Reuters. FILE PHOTO: A Toyota EV car is seen at the Bangkok International Motor Show in Bangkok, Thailand, March 30, 2022. REUTERS/Soe Zeya Tun
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© Reuters. FILE PHOTO: A Toyota EV car is seen at the Bangkok International Motor Show in Bangkok, Thailand, March 30, 2022. REUTERS/Soe Zeya Tun
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TOKYO (Reuters) – Toyota Motor (NYSE:) will speed up production of electric vehicles (EVs) of its Toyota and luxury Lexus brands, the newspaper reported on Friday.
The Japanese automaker was likely to step up production of battery-powered vehicles over the coming years to reach annual output of more than 600,000 units in 2025, the Nikkei said.
A Toyota spokesperson could not be immediately reached for comment.
