Toyota is the most prolific car manufacturer but they have been slow to believe consumers will adopt EV’s until charging times fall dramatically, now its catch up time! The company is also behind the likes of Volkswagen and GM, the Japanese manufacturer has now committed $14bn into 2030 towards development of batteries and supply chains. Compared to its peers this feels like a wait and see after they’re late arrival at the table although they are unlikely to make the same costly mistakes as some earlier arrivals plus of course Japanese have an awesome history in the car industry.
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Buy Hold Sell: The best and worst performers of FY25
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Thursday 11th September – Dow off -220pts, SPI off -20pts
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Wednesday 10th September – Dow up +196pts, SPI down -4pts
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MM likes Toyota back around its October lows
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