TSE:7203Auto
Toyota Expands Hybrids And US Investment As Market Rethinks Full EVs
Toyota Motor is expanding hybrid vehicle production globally as governments adjust electrification policies to place less exclusive emphasis on fully electric vehicles.
The company is committing significant new investment to increase manufacturing capacity in the US, targeting hybrid models and related components.
This shift reflects Toyota's effort to align its product mix with changing regulations and consumer interest in hybrids.
Toyota Motor (TSE:7203) is making this move from a...