Toyota boosts China R&D in electrified vehicles

NAGOYA, Japan — Toyota Motor will consolidate a portion of its electrified-vehicle research and development in China, aiming to accelerate product releases in a fast-changing market.

Toyota is renaming its largest Chinese R&D facility — the wholly owned Toyota Motor Engineering & Manufacturing (China) — to Intelligent ElectroMobility R&D Center by Toyota (China), effective Tuesday.