Toyota to spend 1.5 tril. yen on battery development, supply by 2030

Economy

Toyota Motor Corp. said Tuesday it will spend 1.5 trillion yen ($13.7 billion) by 2030 on the development and supply of batteries for electrified vehicles. The world's biggest carmaker by volume is looking to ramp up its offering of zero-emission vehicles to meet stricter emission regulations in global markets.

Kyodo News

Kyodo News