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Toyota succumbs and now plans to build a new EV in China first (electrek.co)
submitted 2 days ago by to c/electricvehicles@slrpnk.net
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The new Lexus EV will be made using advanced manufacturing methods, including gigacasting, to cut costs and speed up production.

The report comes after Toyota scrapped plans earlier this year to develop a flagship next-gen Lexus EV in Japan using similar production methods.

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[–] 9 points 2 days ago

Investments hurt the shareholders who only think about short term profits.

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