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