Toyota (7203 JT) halts development of next-generation EV, Jiji reports; due to the sluggish global EV market, co. will temporarily shift its resources to its SUV business, which enjoys strong demand

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Toyota (7203 JT) halts development of next-generation EV, Jiji reports; due to the sluggish global EV market, co. will temporarily shift its resources to its SUV business, which enjoys strong demand

Newsquawk Daily US Opening News - 29th May 2026

ECB's Simkus says in September, will have new projections for a broader assessment of economy; downplays economic impact of 25bp, even of 50bp of tightening over course of 2026

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  • Research and development of related cutting-edge technologies, such as next-generation "solid-state batteries," will continue.

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