Beijing stripped purchase-tax subsidies from short-range plug-in hybrids this year, hitting BYD’s core product line, while Geely and Leapmotor attack the mid-market segments BYD built its volume on.
—
Jon Markman,
Forbes.com,
12 Aug. 2026
Okuda was instrumental in helping drive Toyota’s reputation for fuel-efficiency at a time when gas prices were already surging, with models such as its bestseller Camry, as well as the hybrids.
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