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Exclusive: After pressure from Toyota chief, Japan emphasized support for hybrids

Exclusive: After pressure from Toyota chief, Japan emphasized support for hybrids

TOKYO, June 24 (Reuters) – The head of Toyota Motor Corp (7203.T) has pressed the Japanese government to make it clear that it supports hybrid vehicles as much as battery-electric ones or it will lose support from the auto industry, a report said. senior legislator at a meeting of the ruling party. The lobbying by …

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Toyota recalls first mass-produced EVs less than 2 months after launch

Toyota recalls first mass-produced EVs less than 2 months after launch

The 2023 Toyota bZ4X all-electric SUV is displayed during the 2021 Los Angeles Auto Show in Los Angeles, California, U.S., November 17, 2021. REUTERS/Mike Blake Sign up now for FREE unlimited access to Reuters.com Record TOKYO, June 23 (Reuters) – Toyota Motor Corp (7203.T) said on Thursday it will recall 2,700 of its first mass-produced …

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Musk says Tesla's new car factories 'losing billions of dollars'

Musk says Tesla’s new car factories ‘losing billions of dollars’

SAN FRANCISCO, June 22 (Reuters) – Tesla Inc’s (TSLA.O) new car factories in Texas and Berlin are “losing billions of dollars” as they struggle to ramp up production due to battery shortages and problems with China’s ports, said Chief Executive Elon. Musk said in an interview published Wednesday. “Both the Berlin and Austin factories are …

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