Toyota will strengthen its 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.
FILE PHOTO-A Toyota EV car is seen at the Bangkok International Motor Show in Bangkok, Thailand, March 30, 2022. REUTERS/Soe Zeya Tun/File Photowill strengthen its 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 that shows 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. China, once seen as an opportunity for potentially limitless growth for foreign automakers, is now regarded as a increasingly competitive market thanks to the rise of fast-moving local companies.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Which Classic Toyota Land Cruiser Reigns Supreme? | CarscoopsToyota is gearing up to introduce the redesigned Land Cruiser next week and we're asking our readers, which classic Land Cruiser is their favorite car auto cars
Read more »
2023 Toyota Corolla Cross Hybrid Review, Pricing, and SpecsThe hybrid version of the 2023 Corolla Cross is the one to get, as it adds more power and better fuel efficiency to what's already a practical package.
Read more »
2024 Toyota Land Cruiser: Everything We Know Right Before Its Debut | CarscoopsThe new Land Cruiser for North America will incorporate some retro touches from past generations and will be built on Lexus GX-derived body-on-frame underpinnings car auto cars
Read more »
AJ Armstrong Jr.'s third capital murder trial to begin on Monday after 2 delaysAJ Armstrong Jr. is set to have his third capital murder trial for the death of his parents on Monday after two previous delays.
Read more »
Will Toyota Bring The Next EV Revolution To The Industry?Toyota has plenty of experience with electrification in vehicles, but why is the brand so slow to adopt battery electric cars?
Read more »
Monsoon could bring showers, lightning and high humidity to all of San Diego County on MondayLots of moisture from northwest Mexico and southern Arizona will flow into the region starting on Sunday, lifting the dew point to about 70, which will make the air feel tropical, the weather service said.
Read more »