GlobalData: Global automakers earmark nearly US$600B for EVs over next decade
Green Car Congress
APRIL 2, 2022
Despite being a pioneer in hybrid vehicles, Toyota was slow to implement BEV strategies; President Akio Toyoda announced the bZ EV brand only last year. Toyota plans to launch 30 models by 2030. Prior to this, Toyota had only a few BEV models manufactured with its Chinese partner GAC Group. Toyota announced US$70.4
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