The next president at Japan’s top automaker Toyota, Koji Sato, introduced a management team Feb. 13 he said will lead an aggressive push on electric vehicles.
Sato stressed that “electrification” is a key theme for his team and promised to develop a totally new, next-generation electric vehicle by 2026.
That will be a Lexus, while Toyota Motor Corp. will also beef up all its EV model offerings, Sato said.