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Toyota aims to up China market share with new $20,000 smart EV

Toyota aims to up China market share with new $20,000 smart EV

FILE PHOTO: Visitors check a Toyota C-HR electric vehicle (EV) during a media day for the Auto Shanghai show in Shanghai, China April 19, 2021. REUTERS/Aly Song/File Photo

Japan’s Toyota began selling a $20,000 smart electric car in China this week, aiming to attract buyers with its advanced features similar to Chinese rivals, as the automaker ups efforts to regain share in the world’s largest auto market.