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Toyota Motor (TSE:7203) Brings EV Casting Tech to China While Pushing EU Rule Changes

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Toyota Motor (TSE:7203) plans to roll out Tesla-style gigacasting technology at a new Lexus electric vehicle plant in China. The new Chinese facility is expected to use large-scale casting to consolidate vehicle body parts into fewer, larger components. Toyota has urged European Union policymakers to adjust automotive content rules so that more parts sourced outside the bloc can qualify. Toyota's gigacasting push in China and its lobbying on EU content rules sit against broader shifts our...

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Toyota Motor (TSE:7203) Brings EV Casting Tech to China While Pushing EU Rule Changes

Toyota Motor (TSE:7203) plans to roll out Tesla-style gigacasting technology at a new Lexus electric vehicle plant in China. The new Chinese facility is expected to use large-scale casting to consolidate vehicle body parts into fewer, larger components. Toyota has urged European Union policymakers to adjust automotive content rules so that more parts sourced outside the bloc can qualify. Toyota's gigacasting push in China and its lobbying on EU content rules sit against broader shifts our...