Toyota Motor Corp. today appointed its president to lead the company's newly formed electric car division, flagging its commitment to develop a technology that the automaker has been slow to embrace.
Akio Toyoda, grandson of the company's founder Kiichiro Toyoda, has been at the helm of the world's largest automaker since 2009. He will head the company's electric vehicle planning department along with Executive Vice Presidents Mitsuhisa Kato and Shigeki Terashi.
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