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Toyota To Boost EV Models To 15, Targets Producing 1 Million By 2027, Nikkei Says

10 Apr 2025 | Abstracted from India Times

Toyota has five EV models developed in-house, manufacturing them only in Japan and China, the Nikkei said. Expanding production to the United States, Thailand and Argentina can help hedge against tariff and foreign exchange risks and cut delivery times...

"Toyota has previously said it intended to sell 1.5 million EVs per year by 2026 and 3.5 million by 2030

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

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