Carmaker’s European boss says future spending is dependent on post-Brexit trading conditions
Toyota will not invest in building battery electric cars in Britain at its next round of investment in 2027, dealing a blow to hopes that UK car factories will take a leading role in the move away from fossil fuels.
Johan van Zyl, the chief executive of Toyota Motor Europe, said that hybrid cars containing both internal combustion engines and battery-powered motors would be the only option for the next round of investment at the company’s plant in Burnaston, Derbyshire.