Toyota’s CEO held discussions with Chinese officials amid shifting automotive strategies, including a planned transition of its Highlander model from gasoline to electric power. While the automaker aims to fully electrify the SUV line, ongoing production setbacks could result in limited stock for dealerships in the near future. The move reflects broader industry trends toward electric vehicles, though supply chain challenges continue to pose hurdles. Industry observers are watching closely to see how delays may impact Toyota’s timeline and market positioning.
CEO Jim Farley met with Chinese government officials in early September. Toyota planned a clean swap from gas to electric Highlander, but production delays may leave dealers without inventory for at ...
