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Toyota's CEO-to-be outlines leadership team bullish on EVs
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Koji Sato, center, Toyota Motor Corp.'s chief branding officer speaks during a press conference Monday, Feb. 13, 2023, in Tokyo. - photo by AP Photo/Eugene Hoshiko
TOKYO (AP) — Koji Sato, who was appointed the next president at Japan’s top automaker Toyota, introduced a management team Monday that he said will lead an aggressive push on electric vehicles. Sato stressed that “electrification” is a key theme for his team and promised to develop a totally new, next-generation electric vehicle by 2026. That will be a Lexus, while Toyota Motor Corp. will also beef up all EV model offerings, Sato said.