NAGOYA, Japan -- Toyota Motor has postponed the construction of a battery plant in southwestern Japan, as the world's top automaker reassesses its strategy in the face of slowing global demand for electric vehicles.
Electric vehicles
Toyota delays Japan battery plant project on EV slowdown
Fukuoka factory is part of automaker's plans for electrifying Lexus cars
The Lexus luxury brand is central to Toyota's EV strategy. (Photo by Tomoko Wakasugi)
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