Toyota (TM) to Convert Its Entire Lineup to Hybrid-Only
Toyota(TM) ZACKS·2024-08-16 22:55
Toyota Motor Corporation (TM) may have been one of the slowest automakers to pivot to the development of electric vehicles (EVs) but it could be the first one to completely stop producing vehicles that run solely on gasoline, per Reuters. Nearly three decades after the launch of its pioneering gasoline-electric hybrid Prius, the company aims to convert its entire Toyota and Lexus lineup to hybrid-only models. It remains focused on hybrids, challenging the industry trend toward full electrification. Per Akio ...