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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 ...
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 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]
Toyota may be one of the slowest legacy automakers to develop electric vehicles but it could be the first to jettison cars powered only by gasoline. Almost three decades after launching the Prius ...
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 ...
A shift to an electric vehicle-only future would lead to job losses among those who have been working on engine-related technologies, including at the many suppliers in the sector, Toyota Motor's ...