1. Toyota Surpasses BYD in Japan's EV Market, Fueled by $6,000 Government Subsidy Advantage
Toyota has overtaken Chinese rival BYD in Japan's electric vehicle sales, a shift driven not by product superiority but by a significant government subsidy advantage. The Japanese automaker's resurgence in its home market is directly linked to a price support mechanism that effectively lowers the cost of its EVs by app...