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 has the highest growth contribution given the level of investment announced but remains largely attributed to hybrid vehicles, followed by battery and hydrogen-powered vehicles.
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