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different electric vehiclesTheStreet
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78% Informative
Toyota has just one electric vehicle in its lineup: the bZ4X crossover SUV.
The Japanese automaker plans to make a huge bet on gas-powered hybrid vehicles.
Toyota chairman Akio Toyoda predicted that BEVs (battery-electric vehicles) would only capture a maximum of 30% of the automotive market share.
Toyota 's strong preference for hybrids over EVs is a challenge to the sentiment of government officials and the greater auto industry.
Toyota Motor Co. , which trades on the New York Stock Exchange as TM , is up 2.93% from the opening bell today , trading at $ 182.14 at the time of writing.
Toyota executives explained something they called the 1:6:90 rule, where considering the amount of raw materials needed for the battery in one battery-electric vehicle.
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