QUOTE(30624770 @ Jun 10 2025, 01:52 PM)
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Toyota Reportedly Considering Takeover of Chinese EV Maker Neta Auto
Japanese automotive manufacturer Toyota is reportedly exploring the possibility of acquiring Neta Auto, a Chinese electric vehicle company facing severe financial distress, reported by Car News China. The potential deal, though not confirmed by Toyota, was highlighted in a report by Kuai Technology on 12 May, suggesting that such a move could serve to strengthen Toyota’s electric vehicle strategy in China, the world’s most competitive EV market.
https://www.piston.my/2025/05/13/toyota-rep...aker-neta-auto/
Jun 10 2025, 01:57 PM

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