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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 Japan, which accounts for about a third of Toyota's global output, production was down 9.3% in November, due in part to a two-day production halt at its Fujimatsu and Yoshiwara plants.
The Toyota bZ series ("beyond Zero") is a family of battery electric vehicles (BEV) manufactured by Toyota. It was introduced in April 2021 alongside the bZ4X Concept . The bZ series is a part of Toyota's plan to introduce 15 battery electric vehicle models by 2025, seven of which are from the bZ series. [ 1 ]
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]
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.
In June, GM reportedly announced plans to scale back its EV production target for 2024, reducing expectations to between 200,000 and 250,000 vehicles, down from a previous estimate of up to ...
The company will also have a 10 percent investment from Toyota Tsusho America, another member of the Toyota Group, focused on producing raw materials. [ 3 ] When the plant opens in 2025, it will employ 1,750 people on four production lines, each capable of making battery packs for 200,000 vehicles annually, for a combined total of up to 800,000 ...
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 ...