• <a fr-original-style="" href="https://www.reuters.com/business/autos-transportation/toyota-rolls-out-first-battery-electric-car-cautious-debut-rivals-go-full-2022-05-12/" rel="noopener noreferrer" style="color: rgb(9, 9, 9); text-decoration: none; background-color: transparent; outline: none; cursor: pointer; transition: color 0.3s ease 0s; touch-action: manipulation; user-select: auto; box-sizing: border-box;" target="_blank">Toyota launched its first mass-produced battery electric vehicle</a> (EV) in Japan, the bZ4X sport utility vehicle (SUV). However, the EV will be available for lease only, to help ease consumer concerns about battery life and resale value, according to the company.<ul fr-original-style="padding-inline-start: 20px;" style="padding-inline-start: 20px; margin-top: 0px; margin-bottom: 1em; list-style-position: inside; box-sizing: border-box;"><li fr-original-style="" style="box-sizing: border-box;">On a related note: Rival Nissan also launched its second battery EV model, the Ariya SUV, after pioneering mass-market EVs with the Leaf in 2010. Subaru aims to build a dedicated EV factory in Japan in the late 2020s as part of a $1.9 billion ramp-up. Last month, Honda had laid out a target to roll out 30 EV models globally by 2030.</li></ul><ul fr-original-style="padding-inline-start: 20px;" style="padding-inline-start: 20px; margin-top: 0px; margin-bottom: 1em; list-style-position: inside; box-sizing: border-box;"><li fr-original-style="" style="box-sizing: border-box;">Zoom out: Japanese automakers, while remaining cautious about fully switching into the all-electric lane, are accelerating their EV production in an attempt to recover ground lost to Tesla, now the leader in the fastest growing segment of the auto industry.</li></ul>

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