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Toyota Chief Heading Up New Electric Car Division
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- Toyota Chief Heading Up New Electric Car DivisionToyota President Akio Toyoda will be heading up the company's newly formed electric car group, indicating that the Japanese automaker is taking all-electric vehicles much more seriously.Toyoda, grandson of the company's founder Kiichiro Toyoda, has been leading the automaker since 2009.He'll be joined by two of Toyota's executive vice presidents, Mitsuhisa Kato and Shigeki Terashi.
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Toyota Chief To Head Electric Car Development
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- Toyota plans to debut a large range of EVs in 2020 when the world spotlight will be on Japan for the Olympic Games in Tokyo, as reported by TMR previously.With a requirement for the lineup of electric passenger cars to meet its core objective of 'fun-to-drive' and also provide a range between re-charges of at least 300kms, Toyota is accelerating battery development with partner Panasonic and flagged it may also seek to purchase batteries from other manufacturers (currently global battery production capacity is struggling to keep-up with growing demands from vehicle manufacturers).Today, in a major development, Akio Toyoda - the company's President and grandson of founder Kiichiro Toyoda - has announced he will personally head the expanding EV department.
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Toyota CEO Will Head Up Electric Car Division to Speed Up Development
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- Toyota Motor on Wednesday appointed its president to lead their newly formed electric car division, flagging its commitment to develop a technology that the automaker has been slow to embrace.The change comes as the United States, China, and European countries are encouraging automakers to make more all-electric battery cars as they push alternative energy strategies.Akio Toyoda, grandson of the company's founder Kiichiro Toyoda, has been at the helm of the world's largest automaker since 2009.
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