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Stock impact report

Toyota: The BEV Promise Is Worth Watching [Seeking Alpha]

Toyota Motor Corporation (TM) 
US:NYSE Investor Relations: toyota-global.com/investors
Company Research Source: Seeking Alpha
This can change if the company releases robust FY25 forecasts, after expectations of strong revenue growth and improved margins. The performance of BEVs would be particularly insightful to note. Toyota has big plans for the segment, which it has lagged in so far. But it promises more models, longer-range batteries, faster charging times and stylish design. It has already launched two new BEV models in 2024 and has ambitious expansion plans going forward as well, which are worth watching. Japanese carmaker Toyota Motor Corporation ( NYSE: TM ) stands out among the biggest five automotive manufacturers by market capitalisation in how much its price has risen year-to-date. TM is up by 32% compared with the second-fastest growing Mercedes-Benz Group AG ( Recommended For You Recommended For You About TM Stock Show less Read more
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