Toyota scrambles for EV reboot with eye on Tesla

Toyota scrambles for EV reboot with eye on Tesla

A visitor is reflected in a logo of Toyota Motor Corp at the company's showroom in Tokyo February 4, 2015. REUTERS/Yuya Shino

Toyota is considering a reboot of its electric-car strategy to better compete in a booming market it has been slow to enter, and has halted some work on existing EV projects, four people with knowledge of the still-developing plans said.

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