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Toyota Is Finally Getting Serious About Electric Cars

TheMotleyFool

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Toyota Is Finally Getting Serious About Electric Cars

Toyota Motor Corporation (NYSE: TM), 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.

Toyota has sold more gasoline-electric hybrid vehicles than anyone, but it has lagged rivals on fully electric vehicles. Image source: Toyota Motor Corporation.

Source: Fool.com