Toyota is expected to outline adjustments to its electric-vehicle strategy to key suppliers early next year, as it races to narrow the gap on price and performance with industry leaders Tesla and BYD, two people with knowledge of the work said.
Toyota is expected to outline adjustments to its electric-vehicle strategy to key suppliers early next year, as it races to narrow the gap on price and performance with industry leaders Tesla and BYD, two people with knowledge of the work said.
Automakers took a big swing with full-size EV pickups, betting different powertrains wouldn't change Americans' love for big trucks. But automakers were wrong.