CategoryAutomakers

Toyota's next CEO makes reforming EV strategy top priority for new team

Toyota's incoming CEO Koji Sato attends a news conference on Monday with incoming Executive Vice Presidents Yoichi Miyazaki and Hiroki Nakajima.
Incoming Toyota CEO Koji Sato attends a news conference on Monday with incoming Executive Vice Presidents Yoichi Miyazaki and Hiroki Nakajima. (REUTERS)
February 13, 2023 07:30 AM

Toyota’s next CEO, Koji Sato, said he will “drastically” revamp the carmaker’s slow-going electric vehicle strategy with a new leadership team as he seeks to reinvent the automaker as a mobility company in an era of industry upheaval.

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