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Nikkei: Toyota to expand EV lineup, diversify global production

Toyota reportedly plans to increase its annual EV production to one million units by 2027. By Stewart Burnett

Toyota, the world’s largest automaker by volume, aims to expand its electric vehicle (EV) model lineup to 15 distinct offerings, according to a 7 April 2025 report by Nikkei. The automaker also plans to expand its manufacturing footprint into Thailand, Argentina and the US – a major shake-up given that its historic EV production base has occurred exclusively in Japan and China.

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