Carmakers Adjust Electrification Plans as EV Demand Slows
Sept 6 Reuters Japan39;s Toyota Motor has reportedly slashed its electric vehicle production plans for 2026 by a third, the latest automaker to roll back EV plans amid slowing demand. The global sales of EVs either fully electric or plugin hybrid rose 20 in the first half of 2024, slower than expected, data from market research firm Rho Motion showed. Europe saw […]