Toyota aims to sell 500,000 EVs in 2025, chasing VW's 3m

Still focused on hybrids, Japanese automaker tries to clear Chinese quota

20200108N Lexus electric concept car REUTERS

Lexus unveils a concept electric vehicle at the Tokyo Motor Show in October: Toyota Motor looks to offer at least 10 EV models by 2025. © Reuters

KO FUJIOKA, Nikkei staff writer

NAGOYA, Japan -- Toyota Motor seeks to sell 500,000 electric vehicles worldwide in 2025, Nikkei has learned, a volume that puts it far behind leading global rival Volkswagen but would satisfy environmental rules in China and Europe.

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