Toyota sources crucial EV steel from China Baowu | Automotive Industry News

Toyota Motor will procure some of its electrical steel sheet from China Baowu Metal Team, China’s…

Toyota Motor will procure some of its electrical steel sheet from China Baowu Metal Team, China’s greatest steel provider, in a move that could see Japanese steel makers owning to compete with the Chinese suppliers on rate as nicely as top quality, the Nikkei noted.