Then there are the so-called legacy automakers, such as General Motors and the Volkswagen Group, which are trying hard, stumbling often, and still making some progress. The last group is barely even trying. It includes Toyota and Stellantisboth of which seem far too comfortable selling gas cars and hybrids, but are dabbling in EVs just enough to say that they're in on the transition.
This outlier, rooted in a traditional, old-line industry, has delivered returns that surpass many of its high-flying peers in 2025. Its performance challenges the narrative that only tech can lead in today's market. With a year-to-date gain exceeding 23%, this stock proves that value and resilience can still compete with the sector's biggest names, offering investors a compelling alternative in a tech-heavy portfolio.
The reduction to 15% from the previous 25% was agreed between the two sides on July 22. "Tariff negotiations between Japan and the United States was the top priority for the government and we have put all our effort into achieving an agreement in a best possible way as soon as possible," Ishiba said Friday. "The way it was achieved ... is just excellent."
Lucid Group Inc. stock has sharply declined to $2.18, marking a drop of 28%, while the S&P 500 has increased by 8%. Over five years, its market cap has plummeted nearly 80% to $6.7 billion, reflecting the struggles of small companies in the challenging U.S. electric vehicle sector, which has seen EV sales decrease by 6.3% this quarter.
SK On's research and development chief Park Kisoo expressed optimism about solid-state batteries, stating, 'When the world of solid-state batteries arrives, it will definitely be first applied in pouch-type cells in which we already have a technological edge.' He emphasized this could be a critical tool to compete against Chinese battery manufacturers.
"They're taking our cars," Trump said of Japan in a phone interview broadcast by CNBC on Tuesday. "They're taking the very beautiful Ford F-150, which does very well. And I'm sure we'll do very well there and other things that do very well here, will also do well there."
"The good news is a hydrogen vehicle is an electric vehicle. It's just a different way of storing the energy versus a battery... refuel in 3 to 4 minutes and you're 100% full and ready to go again."