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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 ...
S&P Global projects automakers could lose up to 17% of their annual core profits if Trump imposes tariffs on cars made in Europe, Mexico, and Canada, as he has suggested he will do.
The bZ4X was first announced in Singapore by Borneo Motors (Toyota's authorised retailer in Singapore) in June 2022 as part of an electric car-sharing program in the country's Tengah New Town. [49] Although the car-sharing program would be rolled out in June 2023, the car has not been made available for sale in the country. [50]
When fully operational, Toyota plans to employ more than 5,000 people on ten production lines creating batteries for fully electric and plug-in hybrid vehicles, along with four production lines creating batteries for hybrid vehicles. The 14 production lines will have a total annual production of 30 GWh. [5] [6]
The second generation RAV4 EV combines an electric powertrain from Tesla and a battery produced by Panasonic in a chassis built by Toyota. The electric motor supplied by Tesla is an AC induction motor, a departure from Toyota's practice of using synchronous permanent-magnet motors in their hybrid electric vehicles.
Tesla CEO Elon Musk says protectionism is the only thing stopping China’s cheap EVs from demolishing the competition ... BYD sold 526,409 pure electric vehicles in the October-December period ...
A prototype RZ was shown in December 2021 during a Toyota press event to announce its future plans for rolling out battery electric models. [7] The production model was unveiled at a press event on April 20, 2022, [8] and it was first shown to the public at Le Volan Cars Meet 2022 Yokohama in late May. [9]
Toyota Motor Corp cut its annual production target by 300,000 vehicles on Friday as rising COVID-19 infections slowed output at parts factories in Vietnam and Malaysia, compounding a global ...