Toyota Motor is addressing critics who say it is behind rivals in the race for greener cars, nearly a year after the auto maker pledged to spend billions of dollars expanding its electric-vehicle lineup
Auto maker has committed billions to building an electric-vehicle lineup, but some investors want the company to say and do more
The climate bill recently passed by the Senate could knock thousands of dollars off the sticker price of electric vehicles, but it’s also redefining which cars are eligible. WSJ’s George Downs breaks down the new rules and what it means for the EV industry. Illustration: George DownsToyota Motor Corp. is addressing critics who say it is behind rivals in the race for greener cars, nearly a year after the auto maker pledged to spend billions of dollars expanding its electric-vehicle lineup.
Some investors and environmental groups have said Toyota isn’t committed to fully electric cars, pointing to the company’s statements of caution about EVs and its promotion of the competing gas-electric hybrid technology that it invented.
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