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Toyota Compensates Suppliers After Canceling Flagship Lexus EV, Causing 'Unprecedented' Shock
Key Takeaways
- Toyota cancels flagship Lexus EV program, causing 'unprecedented' shock to suppliers.
- Toyota offers partial compensation to affected suppliers to mitigate losses and preserve relationships.
- Cancellation highlights risks in EV supply chain and volatile nature of automaker strategies.
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DT Editorial Team··via electrek.co