Toyota Motor will procure some of its electrical steel sheet from China Baowu Steel Group, China’s largest steel supplier, in a move that could see Japanese steel makers having to compete with the Chinese suppliers on price as well as quality, the Nikkei reported.

Source: https://www.just-auto.com/news/toyota-sources-crucial-ev-steel-from-china-baowu_id196656.aspx?utm_source=article-feed&utm_medium=rss-feed&utm_campaign=rss-feed