Toyota tasks Lexus chief with transition to era of clean vehicles

Akio Toyoda cites his 'own limit' in moving to support role amid rise of EVs

Toyota Motor President Akio Toyoda, right, and successor Koji Sato test-drive a new Lexus electric vehicle. (Photo via Toyota YouTube channel)

MASAHISA YUZAWA and YUKIHIRO OMOTO, Nikkei staff writers

January 27, 2023 03:04 JST

TOKYO/NAGOYA, Japan -- Toyota Motor President Akio Toyoda's decision to step back after 14 years brings a generational shift at Japan's largest company, as the self-described "carmaker" entrusts his younger successor with the task of navigating a fast-changing industry.