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Toyota announces plans for full lineup of battery electric vehicles

ByNNR June 13, 2023June 13, 2023

TOKYO, JAPAN: Shares of Japanese automaker Toyota experienced a significant surge of 5% on Tuesday following the company’s announcement that it will introduce a complete range of battery electric vehicles (EVs) featuring “next generation” batteries starting in 2026. Toyota’s new EV unit, called BEV Factory, which was established in May, will be responsible for the…