Currently reading: Toyota to adopt 'EV-first' approach under new boss

Koji Sato plots new course, naming his management team and accelerating BEV development

Toyota will adopt a “BEV-first” strategy led by its luxury brand Lexus under incoming CEO Koji Sato.

Speaking for the first time since being named the successor to 13-year CEO Akio Toyoda, Sato said the company will accelerate the development of next-generation electric cars, with Lexus launching an all-new EV by 2026.

Read more: Akio Toyoda becomes Toyota chairman; Lexus boss now CEO

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