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Toyota Targets To Produce 1 Million Cars By 2027, Nikkei Says
Toyota plans to increase the number of electric vehicle models to 15 by 2027, and boost production to 1 million units.
According to reports, Toyota Motor plans to have around 15 of its own electric vehicle models by 2027, an increase from the current 5 models, establishing production bases across Japan, China, the Americas, and Southeast Asia. The world's largest auto manufacturer plans to increase electric vehicle production to approximately 1 million units by 2027, which is seven times the level in 2024.
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