Toyota Motor Corporation , which has lagged rivals in embracing fully electric vehicles, said on Monday that it will introduce “more than 10” battery-electric vehicles worldwide by the early 2020s.
Those battery-electric vehicles are a key component of its strategy for keeping pace with the industry’s transition to zero-emission drivetrains. Here’s what we know.
Inside Toyota’s $13 billion electrification strategy
Toyota presented its new strategy as a component of its goal, first introduced in 2015, to reduce average new-vehicle carbon dioxide emissions by 90% from 2010 levels by 2050.