Toyota commits $96 billion to bolster electrification, shares rally

December 15, 2021 12:22 PM

TOKYO (REUTERS) – Toyota Motor on Tuesday committed 8 trillion yen (S$95.9 billion) to electrify its automobiles by 2030, half of it to develop a battery electric vehicle (BEV) line-up, as it looks to tap a growing market for zero-emission cars.

Source : http://www.straitstimes.com/business/companies-markets/toyota-commits-96-billion-to-bolster-electrification-shares-rally