Akio Toyoda, the president and CEO of the Toyota Motor Corporation, will step down on April 1 and become the chairman of the board of directors.
He will be replaced by Koji Sato, current president of both the Lexus brand and Gazoo Racing, Toyota's motorsports and performance car division.
Under Toyoda, the automaker has remained committed to hybrids and slow to adopt EVs, but that may change under new, younger leadership.
https://www.caranddriver.com/news/a42673244/toyota-ceo-akio-toyoda-steps-down/
Toyota Motor Corporation is reportedly developing an EV-only platform to increase the competitiveness and efficiency of its electric vehicles and cut production costs.
The publication notes that Toyota's new strategy aims to put the company in direct competition with EV industry leader Tesla.
https://insideevs.com/news/633449/toyota-said-to-develop-ev-only-platform-just-as-ceo-steps-down/
Men, antageligvis ikke før i 2027.