"Hybrid production capacity to increase by 30% over two years! Toyota Motor Corp. Sponsored ADR (TM.US) announces plan to increase production by 6.7 million units."

According to reports, Toyota Motor Corp. Sponsored ADR (TM.US) plans to increase production of hybrid and plug-in hybrid cars to around 6.7 million units by 2028, a 30% increase from the estimated production target of around 5 million units by 2026. Boosted by this positive news, Toyota Motor Corp. Sponsored ADR has shown active performance in the capital markets, rising nearly 3% in pre-market trading to $238.21 as of the time of writing. In terms of overall production capacity, Toyota Motor Corp. Sponsored ADR expects its global total vehicle production to reach around 11.3 million units by 2028, a 10% increase from the 2026 plan. This means that hybrid models will make up nearly 60% of the company's total output, becoming the core drive supporting the group's production and sales growth. Currently, Toyota has begun deep discussions with major suppliers on this medium to long-term production expansion plan to ensure that the supply chain can keep pace with capacity expansion in terms of critical components and raw materials. It emphasizes that these figures are for reference only and not production or sales plans. Market analysts point out that Toyota's large-scale production expansion is not only to cope with increasingly stringent carbon emission regulations, but also to seek the optimal balance point of profit in the electrification game using its mature technology moat.