TOKYO – Toyota’s next CEO, Koji Sato, is pledging to “drastically” revamp the carmaker’s slow-going electric vehicle strategy with a new leadership team he just unveiled to reinvent the world’s largest automaker as a mobility company in a challenging new era of industry upheaval.
While announcing the new roster Monday, Sato said the accelerated EV rollout would center around a next-generation platform, which is expected to arrive around 2026.
The ramp up comes amid mounting criticism among some investors, environmental activists and EV enthusiasts, that Toyota Motor Corp. is falling behind in the global race for battery-powered cars. Sato appointed a new top executive to steer the push, starting from Lexus.
“Lexus is going to have a leading role for that,” Sato said.
Toyota’s new management lineup keeps some executives in place and elevates younger ones as the 85-year-old automaker taps fresh blood and flexible thinking. Sato, 53, said he is prio…