Toyota Motor Corp is expected to outline adjustments to its electric vehicle (EV) 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 has been looking at ways to improve the competitiveness of EVs being planned for this decade, in part by speeding up the adoption of performance-boosting technologies for planned EVs, from electric drive systems - including motors - to the electronics that convert power from the grid to energy stored in batteries and more integrated heating and cooling systems, the people said. The changes would be for the successors to Toyota's first two EVs for major markets, the bZ4X and the Lexus RZ, and intended to close the gap with Tesla Inc on cost and performance, the people said.

Topics Cloud
BYD (1716)
Car Buying (306)
Car Launch (333)
CATL (338)
charging (952)
Charging infrastructure (647)
Charging Stations (647)
China (8856)
Crossover (841)
Deliveries (697)
Design Efficiency (348)
Electric (31810)
Electric cars (5223)
eMobility (29184)
EREV (306)
eV (29128)
EV Data (634)
Ford (377)
Future Vehicles (495)
Geely (416)
Government/Legal (776)
Green (2988)
Huawei (315)
Hybrid (508)
Industry News (765)
Li Auto (575)
Luxury (777)
Monthly Data (613)
New EV Models (308)
News (488)
Nio (1641)
Performance (702)
PHEV (400)
Plants/Manufacturing (546)
Report (1184)
RVs/Campers (295)
Sedan (534)
SUV (981)
Technology (476)
Tesla (1263)
Toyota (304)
Truck (415)
Xiaomi (434)
XPeng (795)
Zeekr (475)
Recent Posts
- Electric Cars Are So Fast That A Ferrari Can’t Catch A Kia Now
- ‘Nooo Waaaaay!’: Woman Tries Giving This Viral, Verbal Command to Her Tesla. Then It Works
- Utah Woman Drives to Missouri to Buy a New Tesla. Then She Detours in Wyoming
- BYD Sales Growth Leaves Tesla In The Dust — Charts & Graphs
- O, Canada! Who Stands On Guard For Thee?