Prior to the AGM, several key investors had expressed their intention to vote against Toyoda's re-election due to concerns about his continued influence over the company
Toyoda, who spearheaded Toyota's rise to the pinnacle of the automotive industry during his 14-year tenure, is perceived by some board members as having too much-unregulated influence within the company.
TDK Corporation, a major supplier of batteries to Apple Inc and Tesla Inc, has announced a significant breakthrough in solid-state battery technology. This development is expected to transform the consumer electronics industry.
VinFast shares surge as the company anticipates sustained growth, nearing break-even point, and eyes expansion into the US electric vehicle market amidst fierce competition.
Toyota Motor Corp. faces severe implications worldwide after discrepancies in vehicle certifications breach United Nations standards, impacting operations across 62 countries including the EU.
TSMC and Foxconn are leading the global supply chain shift in response to political and business changes, expanding to key automotive hubs and investing in chip-making capacity.