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Although Toyota Motor Corp (NYSE:TM) has been one of the slowest legacy automakers to develop electric vehicles, it reportedly might be the first to eliminate cars powered solely by gasoline. Nearly 30 years after introducing the Prius, its groundbreaking gasoline-electric hybrid, Toyota plans to transition most, and possibly all, of its Toyota and Lexus lineup to hybrid-only models, reported Reuters, citing statements from two Toyota executives. Toyota’s persistent emphasis on hybrids rather than EVs reflects a broader challenge by the world’s largest automaker against the prevailing industry…