Toyota electrifies cars from the 80s: Japanese automaker Toyota Motor has unveiled retrofitted versions of their 1980s AE86 sports car models powered by electric and hydrogen engines (watch, runtime: 9:47). The two retrofitted models that Toyota will roll out — the AE 86 Trueno which has a hydrogen engine and the Levin EV — are part of a push by the company to supply car enthusiasts with carbon-free vehicles. The company is investing USD 70 bn in electrifying their cars and manufacturing EV batteries by 2030, with a target to sell no less than 3.5 mn electric vehicles by the same year.

MENA is no stranger to the retrofitting game: Egyptian electric mobility company Shift EV has developed a retrofitting process based on proprietary Lego-like, locally manufactured batteries that can turn any conventional vehicle into an EV. We interviewed Shift EV founder Aly Eltayeb last year, and discussed with him how to build a USD bn climate business at the Enterprise Climate X Forum last month.