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Toyota Plans New Electric Vehicles for US Market

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WASHINGTON– Toyota Motor Corp said Wednesday it will unveil two new electric vehicles that will go on sale next year in the United States amid a growing push by the Biden administration to cut vehicle emissions.

The Japanese automaker also said it expects that 70% of its U.S. sales by 2030 will be hybrid vehicles or electric vehicles. One of the new vehicles next year will be an SUV and it will also unveil a new plug-in hybrid electric vehicle, the Japanese automaker said.

Toyota said in 2017 it would market more than 10 electric vehicles globally in the early 2020s.

SOURCE: REUTERS