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Toyota Is Finally Getting Serious About Electric Cars

TheMotleyFool

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Toyota Is Finally Getting Serious About Electric CarsPhoto, wide shot, wide-angle lens, soft focus, Car manufacturer, sunset photo at golden hour, photo by Art Wolfe: https://oaidalleapiprodscus.blob.core.windows.net/private/org-IbuNdCATsFaPOITjFOv2kJh3/user-AXaxqjBUW45D8BadJEo9mUpW/img-iZxNvwmEDAT2zuvMswp8MrIk.png?st=2023-05-08T05%3A56%3A42Z&se=2023-05-08T07%3A56%3A42Z&sp=r&sv=2021-08-06&sr=b&rscd=inline&rsct=image/png&skoid=6aaadede-4fb3-4698-a8f6-684d7786b067&sktid=a48cca56-e6da-484e-a814-9c849652bcb3&skt=2023-05-08T03%3A27%3A06Z&ske=2023-05-09T03%3A27%3A06Z&sks=b&skv=2021-08-06&sig=hpaom2wRNOR4VGolGAMc0MX1MdH9zOmjK0MSBHrfkTo%3D

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