Toyota takes commanding lead in EV patents but no match for Tesla in sales

Japanese players must also contend with Chinese rivals' rapid growth

20210901N Toyota logo

Toyota's technological prowess owes partly to the success of the Prius, as hybrids share many parts with electric vehicles. © Reuters

RYO ASAYAMA, Nikkei staff writer

TOKYO -- While Japanese automakers lag Tesla and Volkswagen in electric-vehicle sales, they hold an advantage in critical EV technology, with Toyota Motor ranking first worldwide based on the importance of its U.S. patents, new research finds.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.