Toyota (TM) says it will downshift its strategy on new electric minicars, noting it doesn't...

|About: Toyota Motor Corporation (TM)|By:, SA News Editor

Toyota (TM) says it will downshift its strategy on new electric minicars, noting it doesn't forecast a strong market for pure EVs. The decision to de-emphasize the eQ model leaves Toyota with just a single all-electric vehicle in its lineup that will be sold on a widespread basis. (Earlier: Toyota plans 21 hybrids for next three years)