Toyota vows to keep developing new engines amid EV shift

President Sato says combination with electric power will lead to energy efficiency

20240528 Toyota breifing

Toyota President Koji Sato speaks at a briefing on the development of a new engine on May 28 in Tokyo. (Photo by Yuki Nakao)

YUICHI SHIGA, Nikkei staff writer

TOKYO -- Toyota Motor said Tuesday it will continue research and development of gasoline-powered engines despite the gradual shift of the global auto market to electric vehicles.

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