Toyota wants to learn from Tesla's model to advance electrification

Since it went into production in 2019, the results achieved by Tesla's Shanghai factory have been obvious to all. In the first three quarters of 2024, Tesla's Shanghai factory has delivered 676,000 vehicles, accounting for more than half of Tesla's global deliveries in the same period. Toyota obviously also wants to take advantage of China's supply chain advantages to rapidly advance the development of its electric vehicle business.