Toyota to boost dev of EV tech in China


FE Team | Published: July 31, 2023 23:42:50


Toyota to boost dev of EV tech in China


TOKYO, July 31 (Reuters): Toyota will strengthen development of electric vehicle technology in China, the automaker said on Monday, as it looks to catch up with increasingly tough domestic competition in the world's largest auto market.
The move is the latest from the world's top-selling carmaker to show a sharper pivot to electric vehicles. It recently detailed an ambitious new EV strategy that includes an overhaul of its supply chain and the development of long-range batteries.

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