China is quickly establishing itself as the global epicenter for affordable electric vehicles, and for good reason. However, most of the budget-friendly EVs have come from homegrown brands that have been able to work around the traditional constraints that have slowed down legacy automakers.
But now, even Toyota, a legacy company that’s been criticized for its sluggishness in adopting electric vehicles, is jumping into the fray with a shockingly low starting price in the Chinese market, especially considering its size and features.
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