Toyota will hold off on EV investment decisions until ‘the very last moment’ as profits slip

Electrek - November 6, 2024

Toyota will hold off on EV investment decisions until ‘the very last moment’ as profits slip

Toyota is tightening the reins after seeing its first quarterly profit drop in two years. To maintain profits, Toyota plans to “hold off on investment decisions until the very last moment,” including EV and hybrid investments. more…

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