Formula One’s road map to success
FT News Briefing
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Toyota's Hybrid Vehicle Success and Market Dynamics
This chapter explores Toyota's remarkable increase in hybrid vehicle sales from 2021 to 2022 and forecasts a continued upward trend. It highlights the advantages of hybrids over fully electric vehicles, consumer concerns regarding charging infrastructures, and the positive impact on Toyota's stock prices, while also questioning the reactions of competitors in the market.
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