Despite the delay, Toyota reaffirmed its plans to roll out five to seven new EV models in the U.S. over the next two years.
Consumer demand continues to accelerate for electric and hybrid vehicles made by Toyota Motor North America, representing 41% ...
A company spokesperson said Toyota encountered minor setbacks that pushed back the target date from late 2025.
Investors weren't keen on news of a production delay and a multimillion-dollar investment in an air taxi company.
Toyota's electrified SUV will not start U.S. production next year, and their luxury brand extension EV isn't happening.
Toyota sells ICEs well and delays plans of launching a three-row electric SUV. The strategy looks a lot like what Ford has ...
Add Toyota to the list of automakers dialing back its electric vehicle initiatives, the first Japanese company to do so.
Toyota has delayed the production of its first U.S.-made electric vehicle to 2026, despite investing $1.3 billion to renovate ...
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Somewhat predictably, hesitancy from consumers towards electric vehicles, as well as a swelling demand for hybrids, has ...
Toyota has delayed plans to build electric vehicles in the United States by several months amid dwindling sales. According to ...
Toyota is postponing the start of production of its first electric model made in the US until 2026. The Japanese carmaker had ...