Toyota commits $70 bln to bolster electrification, shares rally
Toyota commits $70 bln to bolster electrification, shares rally
Tuesday, December 14, 2021
TOKYO, Dec 14 (Reuters) - Toyota Motor Corp (7203.T) on Tuesday committed 8 trillion yen ($70 billion) to electrify its automobiles by 2030, half of it to develop a battery electric vehicle (BEV) line-up, as it looks to tap a growing market for zero-emission cars.
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