World’s largest carmaker Toyota will invest $35 billion as it aims to introduce 30 battery electric vehicles (BEV) globally by 2030. Toyota president Akio Toyoda has set a target for Toyota and Lexus brand to sell around 35 lakh BEVs by 2030, up from their previous target of 20 lakh. India, however, is unlikely to see any big EV launch from Toyota in near future as the Japanese company, which has partnership with Suzuki Motor, which runs India’s largest car company Maruti Suzuki, said that their target markets will be Europe, North America and China.
SOURCE: THE HINDU BUSINESS LINE
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