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Reuters

Reuters

Technology

Technology

Toyota to boost EV models to 15, targets producing 1 million by 2027, Nikkei says

Reuters
Summary
Nutrition label

80% Informative

Toyota has five EV models developed in-house, manufacturing them only in Japan and China .

Expanding production to the United States , Thailand and Argentina can hedge against tariff and foreign exchange risks.

Toyota declined to comment, saying the information was not announced by the company.

In 2024 , it sold almost 140,000 EVs globally, up by about a third from a year earlier .

VR Score

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English

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