MARKETS

Toyota coughs up nearly $100B for EVs

Whopping A$25 billion on battery R&D

Jonathon Davidson

File photo: a Toyota EV model

File photo: a Toyota EV model

It has lifted its worldwide battery electric vehicle sales target to 3.5 million units annually by 2030. It has also introduced 16 BEV models for manufacture; the first half of thirty new models to...

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