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Toyota Said to Reboot India Strategy to Double Down on Hybrids as Rivals Focus on Pure EVs

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Toyota is said to focus on low-cost hybrid cars, as part of its plan to reboot its strategy for the Indian market. The company is aiming to cut the cost of full hybrid powertrains by making them in India, where the automaker’s factories are running well below capacity, and to source key materials within the country. It is also said to be leveraging its cooperation wit…

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