TOKYO— Toyota Motor Corp. on Tuesday stepped up its commitment to battery electric vehicles, saying it would have 30 EV models available by 2030 and aimed to sell 3.5 million battery EVs globally by 2030.

Toyota also said that 100% of the vehicles in its luxury Lexus brand would be EVs globally by 2035. The Lexus brand aims to have battery EVs account for 100% of total sales in Europe, North America and China by 2030, Toyota said.

This post first appeared on wsj.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Frontline, Euronav Merge to Create Tanker Giant in $4.2 Billion Stock Deal

Two of shipping’s biggest names, Norway-based Frontline Ltd. and Belgium’s Euronav NV,…

Biden delivers remarks in California

IE 11 is not supported. For an optimal experience visit our site…

Bayer Hits Roundup Lawsuit Winning Streak

Bayer is on a winning streak as it battles the remaining cases…

The Musk Doctrine: How the Billionaire Navigates the World Stage

.css-gqk1n{box-sizing:border-box;-webkit-text-decoration:none;text-decoration:none;min-height:32px;min-width:64px;cursor:default;overflow:hidden;border:none;-webkit-appearance:none;-moz-appearance:none;-ms-appearance:none;appearance:none;background-color:transparent;border-radius:2px;color:rgba(34,34,34,1);cursor:pointer;}.css-gqk1n svg{width:16px;height:16px;}.css-gqk1n svg{fill:rgba(34,34,34,1);}.css-gqk1n:hover:not(:disabled){background-color:rgba(244,244,244,1);}.css-gqk1n:active:not(:disabled){background-color:rgba(235,235,235,1);}.css-gqk1n:disabled{color:#ABABAB;}.css-gqk1n:disabled svg{fill:#ABABAB;}.css-gqk1n:focus-visible:not(:disabled){outline-color:rgba(10,102,216,1);outline-style:solid;outline-width:2px;outline-offset:2px;}@media not all and (min-resolution: 0.001dpcm){@supports (-webkit-appearance: none) and…