The world’s top-selling automaker said it will deliver 1.5 million electric vehicles in 2026, promising new features like a solid-state battery with a 10-minute charging time as soon as 2027, and a design to mimic the sound and feel of internal-combustion engines. (Associated Press, The Wall Street Journal)
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The world’s top-selling automaker said it will deliver 1.5 million electric vehicles in 2026, promising new features like a solid-state battery with a 10-minute charging time as soon as 2027, and a design to mimic the sound and feel of internal-combustion engines. (Associated Press, The Wall Street Journal)
Talking point: The Japanese firm’s announcements come ahead of a key annual meeting on Wednesday where Toyota will need to prove its EV ambitions. Several institutional shareholders said they would vote to oust a number of Toyota directors, including chairman Akio Toyoda, citing governance issues and a lack of a deadline for its EV transition. Shares rose more than five per cent after its new product announcements. Toyota shipped nearly 10 million vehicles between January and November 2022, while EV maker Tesla shipped about 1.3 million last year.
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