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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
Americas+1 212 318 2000
EMEA+44 20 7330 7500
Asia Pacific+65 6212 1000
Electric Vehicles:
The Toyota bZ3X EV at the Shanghai International Automobile Industry Exhibition in Shanghai in April 2025.
Japanese carmakers have been losing market share in China for years as they struggled to roll out the kinds of affordable, technology-centric electric models popular with local drivers. Toyota Motor Corp. is trying to flip the script.
The world’s biggest carmaker notched another bumper month of sales in August, putting it on track for its first annual growth in China in four years. Toyota has been winning over customers with a two-pronged approach that sees it produce locally made new-energy vehicles at attractive price points, as well as maintaining a lineup of hybrids that have tapped into growing demand for alternatives to fully electric cars.

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