Why Toyota Aiming to Increase Its Electric Vehicle Market Share in China By 2024

Why Toyota Aiming to Increase Its Electric Vehicle Market Share in China By 2024

For the financial year to March 2024, Toyota is looking to sell a record of 11.4mn units as compared to 10.6mn the previous year

Amid the US-China geopolitical scuffles, Japan’s international car-maker Toyota is now eyeing to increase its electric vehicle market share in China. The company’s newly appointed chief executive Koji Sato has also assured to meet the same and is also expecting a 10 percent escalation in yearly operating profit to $22 bn, the largest for a Japanese firm.

Staff Fri, 05/12/2023 - 17:46

[original story: Circuit Digest]

Circuit Digest 12 May 13:16