On the 13th, Toyota Motor Corporation announced a new management structure effective April 1st.

At a press conference, the next president, Tsuneharu Sato, who will succeed Akio Toyoda, who came from the founding family, expressed his intention to accelerate the development of the next-generation EV = electric vehicle platform with the goal of 2026.

Under the new management system, the number of executive officers, including Mr. Sato, will be reduced from the current 11 to eight, and Hiroki Nakajima and Yoichi Miyazaki will be promoted to vice presidents.

The number of vice presidents will be reduced from the current three to two.

At the press conference, the company's next president, Mr. Sato, commented on the company's future strategy for EVs, stating, "Based on the idea of ​​providing a wide range of options to many people, we will accelerate specific initiatives for EVs, which is one of those options." .