..nothing radically new...should be no reliability issues at all.
Thanks, but it had some radical changes
According to Toyota the new engine used a high 13.5:1 compression ratio, adopting a cooled exhaust gas recirculation (EGR) system and extending the variable valve timing operation so the engine can switch between Otto and Atkinson cycles to gain optimum efficiency in different driving conditions.
A new Variable Valve Timing – intelligent Electric Motor (VVTi-E) allowing the engine to switch between Otto and Atkinson cycles (and vice-versa) in a fraction of a second. Controlled electronically, closure of the intake valve is delayed, reducing the compression phase and further helping reduce pumping losses (Atkinson cycle), and enabling a prompt return to the Otto cycle for better performance under high loads. The phase shift of the exhaust camshaft is hydraulically controlled.
Toyota’s first water-cooled exhaust manifold - The engineers also focused on improving fuel consumption at sustained motorway cruising speeds, leading to the introduction of a new water-cooled exhaust manifold.
So I think it was a bit more than boring out and tinkering with the 1.33
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