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The speed of the broader transition from gasoline vehicles is debated, with Toyota chairman Akio Toyoda believing the global share of EVs will peak at 30 per cent.
Toyoda, the grandson of the company's founder, saw shareholder support drop to a record low of 85 per cent last year
Vikram Kirloskar, vice chairperson of Toyota Kirloskar Motor, passed away at age 64 on Tuesday
Green investors have criticised the world's largest carmaker by sales for slowness in moving its product line-up to all-electric, battery electric vehicles
Automobile firm says it is holding orders for Innova Crysta's diesel variant after huge demand for MPV
Apple is reportedly meeting with Toyota executives about producing its long-rumoured Apple Car by 2024.
According to the company, the decision to hike prices was taken amid rising manufacturing costs, which is also a general industry phenomenon