Toyota Whiffed on EVs. Now It’s Trying to Slow Their Rise

Executives at Toyota had a moment of inspiration when the company first developed the Prius. That moment, apparently, has long since passed. The Prius was the world’s first mass-produced hybrid car, years ahead of any competitors. The first model, a small sedan, was classic Toyota—a reliable vehicle tailor-made for commuting. After a major redesign in …

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