Yamaha Motor (TSE:7272) Expands Electric Offerings with Torqeedo Outboards, Enhancing Growth Potential

By Yahoo! Finance | Nov 17, 2024 at 08:10 PM EST

Yamaha Motor is advancing in the electric marine propulsion market through its acquisition of Torqeedo, expanding its carbon neutrality initiatives. Despite challenges like declining earnings growth and lower profitability, Yamaha's financial outlook is positive, with strategic moves positioning it for growth and market leadership in the Asian Auto industry.

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