Toyota has reversed its long-standing strategy by announcing plans to manufacture its first all-electric vehicle in China before rolling it out globally. The decision marks a significant shift for the automaker, which had previously prioritized domestic production for its electric models. Industry analysts suggest this move reflects both China’s growing dominance in EV production and Toyota’s efforts to capitalize on the country’s robust infrastructure and incentives for electric vehicles. The announcement comes as global automakers increasingly adapt their strategies to meet rising demand in the world’s largest EV market.
Toyota succumbs and now plans to build a new EV in China first Electrek
