TOKYO—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., in which Toyota has a nearly 20 percent stake, also said it was recalling about 2,600 units of the Solterra, a related model.
The Solterra, Subaru’s first all-electric vehicle, was jointly developed with Toyota and shares major components with the bZ4X.
The recall adds to problems at Toyota, which has been forced to cut production frequently this year due to the global chip shortage and other supply issues and is facing investor pressure because of its slowness in embracing battery electric vehicles (BEVs)….
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