Why Toyota isn’t following Tesla’s push for electric vehicle dominance

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Why Toyota isn’t following Tesla’s push for electric vehicle dominance
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Automakers around the world are playing catch-up to Elon Musk's Tesla.

. The carmaker for years has been touting the value of hybrids, which serve as an important stepping stone to total electrification without the range anxiety that comes part-in-parcel with fully electric cars.

And though Toyota admitted in September that it has a lot to learn from Tesla when it comes to EV production, the company said that it doesn't plan on copy-and-pasting Tesla's formula. Instead, Toyota plans to gradually integrate giga-casting into its production lines, without losing its existing, more traditional, methods of production.

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