Toyota says to have 30 battery electric line-up of vehicles by 2030

TOKYO, Dec 14 (Reuters) – Toyota Motor Corp (7203.T) on Tuesday committed 8 trillion yen ($70 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.But the world’s biggest carmaker, which is a relative latecomer to full electric cars, said it expected annual BEVs sales to reach only 3.5 million vehicles by the end of the decade, or around a third of its current vehicle sales.That is less than bigger rivals such as Europe’s No. 1 carmaker Volkswagen (VOWG_p.DE), which in July predicted …
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