Electric-powered vehicles currently represent around 15 per cent of the roughly 10 million units Toyota sells annually – mostly hybrids such as its best-selling Prius. Toyoda said the target would mean selling around 5.5 million electric-powered vehicles in total by 2030. Of these, 4.5 million units would be gasoline-electric hybrid and plug-in hybrid vehicles and one million units would be all electric vehicles and hydrogen-powered fuel-cell vehicles, said the CEO. The leading Japanese automaker is accelerating development of environmental technologies including electric vehicles and plug-in hybrid systems. In September, Toyota teamed up with smaller domestic rival Mazda to develop electric vehicles.

Source: New Strait Times December 13, 2017 09:11 UTC