Toyota Dials Back Battery Electric (BEV) Production Plans, Strengthening Global Leadership
TMToyota(TM) Seeking Alpha·2024-09-10 01:07

Lexus RZ 450e Luxury display. Lexus offers the RZ 450e BEV with 308HP Dual Electric motors. MY:2024 jetcityimage/iStock Editorial via Getty Images What looked like a stubborn and iconoclastic position by Toyota Motor Corporation (NYSE:TM) with regard to the manufacture of pure battery-electric vehicles may be helping to position the Japanese automaker as an extremely attractive investment candidate among its global rivals. Toyota and its chairman, Akio Toyoda, have adhered to an analysis they say will bette ...