Toyota Motor Corp reported on Monday a 1.5 percent rise in November global vehicle output, reaching a new record of 833,104. Watch this video to know more.

World Business Watch: Toyota's November global vehicle production rises 1.5 percent

The past year was sobering for investors who poured money into Tesla Inc (TSLA.O) and rival electric vehicle startups that hoped to emulate Tesla CEO Elon Musk's success. Starting next year, a wave of new electric vehicles from pickup trucks to middle market SUVs and sedans will hit the world's major markets. Watch this report.

WION Climate Tracker: Electric vehicle production set to surge in 2023

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World Business Watch: Toyota's November global vehicle production rises 1.5 percent

WION Climate Tracker: Electric vehicle production set to surge in 2023