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Japanese auto giant holds on to hybrid edge, buying time for EV counteroffensive Toyota Motor is moving ahead to source parts from local companies to reduce the cost of electric vehicles in China. (Photo by Shizuka Tanabe)
November 13, 2026 13:33 JST
TOKYO -- Toyota Motor is reshaping its supply chain in China, looking beyond its traditional network of affiliated Japanese suppliers, known as keiretsu, to local companies for electric vehicles as it races to keep pace with Chinese rivals.
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Beijing
Business
Friday, November 13, 2026
1 min