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Toyota EV development in full swing as it eyes 2020 launch

Fri, 12/09/2016 - 09:44 -- Xuan Zhong
blue Toyota EV development in full swing as it eyes 2020 launch

Having pioneered the hybrid automobile, Japan automaker Toyota is advancing its technological know how in lithium-ion batteries as it eyes the pure electric vehicle market.

Famous for launching the hybrid Prius in 1997, the company is now establishing an ‘in-house’ venture company to develop EVs— and maybe as soon as 2020, according to news outlet Reuters.

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