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  1. >From the article:
    >
    >As one of the world’s largest automakers, Toyota has the resources and network to compete in the EV era.
    >
    >However, its initial hesitation has set it far behind the pack. As buyers switch to EVs, Toyota is losing market share in key markets like China and Thailand.
    >
    >The company has claimed to accelerate EV production for several years with little to show. Perhaps $4 billion in funding will help charge up the transition.

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