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Toyota, the world's largest automaker, has stepped back on its ambitious electric vehicle (EV) targets, trimming its 2026 production goals by a third. Originally aiming to roll out 1.5 million EVs ...
In response to the EV slowdown, Toyota Motor Corporation (NYSE: TM) is delaying its EV plans in the US. Toyota announced this week it has pushed back the start date of its US EV, with an ...
Growth in the U.S. EV market is slowing, according to a recent report from Cox Automotive. Federal tax credits will also apply to a smaller pool of electric vehicles this year, thanks to new rules ...
Several leading automakers adjusted their electric vehicle (EV) goals and scaled back plans in 2024 as a response to sluggish consumer demand for EVs in the auto market.. Automakers aren't ...
Toyota’s chairman and former CEO, Akio Toyoda, has long been a skeptic of the electric vehicle hype train—it was a big reason he stepped down from the top job at the Japanese carmaker earlier ...
When Tony Le set out with his wife to buy a new car last year, he looked at Tesla and other all-electric models. In the end, the 37-year-old Modesto, California, tech worker opted for a Toyota ...
That’s bad news for pure EV sales, at least in the immediate future, said Greg Brannon, head of automotive research at AAA. Early adopters already have their EVs, he said, while mainstream ...
Toyota, the world's biggest automaker by sales, has been more cautious in its approach to EVs than other makers. Shift to EV-only future would spell job losses, Toyota chairman warns Skip to main ...