Toyota's Strategic Moves in the Electric Vehicle Market

Toyota is set to enhance its electric vehicle (EV) lineup by introducing its first EV equipped with a sophisticated autonomous driving system, similar to Tesla's Full Self-Driving technology, in China next year This new development, announced by one of its joint ventures with the state-owned Guangzhou Automobile Group (GAC), is aimed at strengthening Toyota's influence in the Chinese market Meanwhile, consumers are exploring the overall practicality of renting electric cars, considering aspects like charging infrastructures and cost-effectiveness..