Hybrid blues: China policies force Toyota into electric U-turn

Apr 19, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

SHANGHAI (Reuters) – The automotive industry’s seemingly inexorable drive towards electric cars – and especially Chinese polices pushing new energy vehicles – has forced Toyota Motor Corp , the world’s No.2 automaker by sales, into what one executive calls an “agonizing” strategy U-turn.