Next Toyota CEO says reforming EV strategy is his new team's top priority

Toyota Koji Sato, Yoichi Miyazaki, Hiroki Nakajima Feb 2023 Rtrs.jpg — Incoming Toyota CEO Koji Sato attends a news conference on Monday with incoming Executive Vice Presidents Yoichi Miyazaki and Hiroki Nakajima. (REUTERS)

February 13, 2023 07:30 AM

TOKYO – Toyota’s next CEO, Koji Sato, is pledging to “drastically” revamp the carmaker’s slow-going electric vehicle strategy with a new leadership team he just unveiled to reinvent the world’s largest automaker as a mobility company in a challenging new era of industry upheaval.

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