Toyota turns to China's BYD to develop new EV, report says

Visitors check a Toyota C-HR electric vehicle during a media day at the Shanghai auto show on April 19, 2021. (Reuters)

By:

NORIHIKO SHIROUZU

By:

Reuters

December 03, 2021 12:24 PM

BEIJING -- Toyota is planning to launch an all-electric sedan in China late next year, having turned to local partner BYD for key technology to finally make an affordable yet roomy vehicle, four sources told Reuters.

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