
Toyota's new CEO Koji Sato announces major changes to the automaker's executive team as part of a strategy to accelerate electric vehicle development. An EV-specific platform should launch around 2026, and there's a focus on electrifying Lexus.
Sato gave no specific details about the new EV platform. However, he said that more details about his plans were coming after his official promotion to company president on April 1. We might learn more about these underpinnings at that time.