Toyota, once a stalwart of the internal combustion engine, is finally shifting its focus to electric vehicles (EVs) with the launch of its new bZ4X model. In a significant move, the Japanese automaker has partnered with Chinese battery-maker Contemporary Amperex Technology (CATL) to power its new EV lineup. The partnership marks a major turning point for Toyota, which has long been slow to adopt electric technology in favor of its traditional hybrid models. As the global auto market continues to shift towards electrification, Toyota's move is seen as a crucial step in staying competitive, but will it be enough to catch up with industry leaders like Tesla?
Toyota Finally Moves On EVs—With Big Help From China, Part 1 Japan Economy Watch
