Alton Kusher

Toyota Cuts EV Sales Expectations By 39 Percent As Its Profits Soar Thanks To Hybrids

Toyota Motor Corp. lowered its electric vehicle sales expectations for this fiscal year by a rather significant 39 percent, from an initial 202,000 units to a less-than-stellar figure of 123,000, the company said in its second-quarter financial report. However, let’s not forget that the Japanese company is one of the three biggest carmakers in the…

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