According to a Reuters report, Toyota plans to launch a battery-powered medium-sized passenger car in China later next year by procuring key technologies from local automaker BYD Auto. Last year, Japanese automakers stepped up their efforts to participate in the global electric vehicle (EV) revolution. [US $ 1.3 billion EV battery plant](//www.just-auto.com/news/toyota-sites-1-3bn-ev-battery-plant-in-north-carolina/) .. However, the company is still lagging behind in this area and has made significant efforts in recent years to develop hybrid technology and hydrogen as a fuel for the future. The car manufacturer has set up a dedicated zero-emissions division in Japan called the ZEV Factory. This...