Toyota will accelerate the development of electric vehicles, the car-manufacturing giant’s incoming president and chief executive Koji Sato said on Monday, despite a report suggesting that EVs could find themselves in a targeted position along with their ICE vehicle peers on climate grounds. In an announcement of new executive roles as of April 1, the world’s largest carmaker said that electrification would be one of three pillars for Toyota’s transformation into a “mobility company,” alongside intelligence and diversification.…
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