Toyota, in Reversal, Says It Will Shift More Rapidly to EVs

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Toyota, in Reversal, Says It Will Shift More Rapidly to EVs
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Toyota plans global sales of 3.5 million electric vehicles by 2030 and intends to make the Lexus brand 100% electric by 2035

TOKYO— Toyota Motor Corp. , the last voice of caution about electric vehicles among the world’s top auto makers, on Tuesday declared itself a believer and said it would make 3.5 million EVs a year by 2030.

Toyota said it wanted all models in its upscale Lexus brand to be electric by 2030 in the U.S., China and Europe. And it showed off more than a dozen of the 30 EV models it intends to have on sale by that year.

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