Toyota and Subaru shares drop on ’embarrassing’ recalls of first EVs

A Toyota bZ4X all-electric SUV is displayed during the 2021 LA Auto Show. | REUTERS

Toyota Motor shares slipped after it recalled some of its first mass-made all-electric cars, launched two months ago, because of a risk of wheels coming loose, a setback to its ambitions to electrify its model range. Toyota, the world’s largest automaker by sales, said on Thursday it would recall 2,700 bZ4X SUVs globally. Subaru Corp,

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