Toyota Once More Postpones Fukuoka Battery Plant Construction, Reevaluates Amidst Sluggish Electric Vehicle Demand
1 day ago / Read about 0 minute
Author:小编   

Toyota Motor Corporation has, for the second time, delayed its plans to construct a battery plant in Fukuoka Prefecture. The decision comes in the wake of a worldwide downturn in the demand for electric vehicles (EVs), prompting the company to reevaluate the project's viability. This action underscores the prevailing market uncertainties and the intricate nature of corporate strategic realignments. It could potentially ripple through Japan's EV industry supply chain and serves as a signal that more firms might reconsider their EV investment strategies.