Toyota says to boost EV development and technology in China

Aisin

31/07/2023 07:27

TOKYO, July 31 (Reuters) - Toyota  7203.T  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.
    The Japanese automaker will strengthen development of
battery-powered vehicles, plug-in hybrids, hybrids and fuel cell
cars in China in order to achieve carbon neutrality through a
"multi-pathway"-based approach, it said.
    

 (Reporting by Daniel Leussink; Editing by David Dolan)
 ((daniel.leussink@thomsonreuters.com; Twitter:
@danielleussink;))