Eddie Brooker brings new look, more inventory to North Georgia Toyota
Toyota sharpens focus on electric cars through new in-house unit
A Toyota logo is seen on media day at the Mondial de l'Automobile, the Paris auto show, in Paris, France, September 29, 2016.REUTERS/Jacky Naegelen/File PhotoBy Naomi TajitsuTOKYO (Reuters) - Toyota Motor Corp is setting up a new in-house unit to develop electric cars, offering its strongest endorsement yet of a technology it has not embraced wholly, as take up of a rival technology it pioneered remains slow.Japan's biggest automaker said on Thursday it will launch next month a unit that will start with four persons and be responsible for planning a strategy for developing and marketing electric cars to keep pace with tightening global emissions regulations.
Toyota to sharpen focus on EVs via new in-house unit
Have an opinion about this story?Click here to submit a Letter to the Editor , and we may publish it in print.TOKYO -- A week after conceding it needs electric vehicles, longtime EV-skeptic Toyota Motor Corp. said it is forming a streamlined "in-house venture company" next month to start developing battery-powered eco-cars in a speedy, innovative way.