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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 ...
China production dropped 1.6%, which was however better than a 9% decline in the previous month, as Toyota saw higher local sales of its Granvia and Sienna minivan models and the electric sedan ...
Toyoda estimated that fully-electric cars will only capture 30% of the market, with the remainder taken up with hybrids or vehicles that use hydrogen technology. Toyota has generally lagged its ...
The Toyota RAV4 EV is an all-electric version of the popular RAV4 SUV produced by Toyota until 2014. Two generations of the EV model were sold in California, and to fleets elsewhere in the US, with a gap of almost ten years between them.
Toyota says it will invest $1.3 billion at its huge factory complex in Georgetown, Kentucky, in part so it can build an all-new three-row electric SUV to be sold in the U.S. The company says the ...
In December 2021, Toyota announced that it would invest ¥8,000,000,000,000 ($70 billion at 2021 exchange rate) in electric vehicles by 2030, launch 30 EV models worldwide by that year, and set a sales target of 3.5 million electric vehicles in 2030. [99] Toyota will increase its software engineer intake to around 40% to 50% of all technical ...
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.
Toyota in October announced it would invest an additional $8 billion into the project, adding eight battery lines for hybrid and electric vehicles and bringing its total investment to $13.9 billion.