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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 ...
Toyota announced this week it has pushed back the start date of its US EV, with an unspecified time in 2026, after it planned to kick off production in late 2025 or early 2026.
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 ...
Toyota do Brasil Ltda. São Bernardo do Campo, São Paulo – Corolla & Hilux parts. Production of Land Cruiser Bandeirantes started in 1958 (first plant outside Japan). Vehicle production ended in 2001. Shut down in 2023. [27] Indaiatuba, São Paulo – Corolla saloon. Production started in 1998. [28] Shut down in 2024. [29]
But Toyota doubled down on them—and the move has proved prescient. Hybrid sales have been on a tear in 2023, jumping 48% in the first three quarters compared to the same year-ago period, the ...
Toyota’s all-new 2025 Camry, which is on display at the New York Auto Show, will be exclusively hybrid, using both plug-in hybrid and mild-hybrid powertrains. The Japanese automaker, which ...
Toyota says this new investment brings its total outlay to the upcoming facility to $13.9 billion, with 5,000 jobs created in total. The Liberty-based plant will make batteries for Toyota’s EVs ...
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 ...