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Barchart
Barchart
Tony Daltorio

Will Toyota Have the Last Laugh on Tesla?

Japanese automakers have been the laggard in the industry in the move to electric vehicles.

But finally, the largest of the Japanese automakers – Toyota Motor (TM) – has awoken and has joined the race for EV supremacy. The company only sold about 20,000 electric vehicles globally last year, but looks to expand annual sales to 1.5 million units by 2026 and 3.5 million EVs by 2030.

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