It's happening. CNBC this morning:
"Toyota to make over 10 battery EV models in early 2020s"
Published 10 Hours Ago
Reuters:
"Toyota Motor on Monday said it will market more than 10 all-electric vehicle models globally in the early 2020s.
"The investment to develop their batteries is likely to exceed $13 billion through 2030.
The world's second-biggest automaker by sales said it needed to accelerate the pace of battery development."
Apparently they plan on partnering with Panasonic for battery development and supply.
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