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How a Chinese car invasion forced Japan into an unthinkable alliance
An audacious incursion forces Toyota, Nissan and Honda to respond
At the same time, Chinese brands such as BYD, Geely, Chery and Nio have also spent years honing their battery technologies and driving down costs, while fighting cut-throat price wars against one another. Toyota claimed to have developed what many experts say would be a game-changer last summer: a solid-state EV battery with a potential range of 750 miles – and a charging time of just 10 minutes. While Nissan and Honda lack Toyota’s scale and the resources to catch up on their own, together they stand a better chance, says Andrew Bergbaum, partner and global co-leader for automotive at AlixPartners.
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