Shares of Mitsubishi Motors surged due to reports that the major Japanese automaker is in discussions to join a strategic partnership.
TOYOTA
Toyota Motor Corp is planning to establish a new battery manufacturing plant in the southwestern Japanese prefecture of Fukuoka.
Toyota is buying back $5.2 billion of its shares from banks and insurers, to enhance shareholder returns and corporate governance.
As demand for cars surges post-pandemic, the shortage of crucial chips used in EV has posed significant hurdles for Lexus.
Challenges remain in speed consistency and acceleration, but researchers are optimistic about future advancements.
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