Toyota to adapt fast to EV market growth

FILE PHOTO: The Toyota logo is pictured at the 43rd Bangkok International Motor Show, in Bangkok, Thailand, March 22, 2022. REUTERS/Athit Perawongmetha

NAGOYA: Toyota Motor Corp will seek to adapt to the soaring popularity of electric vehicles (EVs) “with a sense of crisis,” president Koji Sato has said.

“It is true that the world is moving fast, so we must respond quickly and flexibly,” Sato said in a recent interview with media organisations. “We need to respond with a sense of crisis.”