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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.
Ford, too, has been slow to put all of its eggs in the EV basket, announcing it would slow production of its F-150 Lightning pickup. Bill Ford, the great-grandson of the automaker’s founder ...
Toyota has publicly opposed EV targets in many countries. But a memo sent in fall 2023 to car dealers across the US, obtained by CNN, gives an insight into just how determined the company is to ...
Toyota in November credited hybrids and plug-in hybrids like the RAV4, Corolla and the Yaris for strong sales in both North America and Europe. Growth in the U.S. EV market is slowing, according ...
Toyota's electrifying EV sales. ... Full-year sales of this model rose from 5,386 in 2023 to 9,697 in 2024 -- a 79% jump. ... Right now, we’re issuing “Double Down” alerts for three ...
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 is now doubling down on building out its battery capacity in the US. On Tuesday, the automaker announced it will be expanding its investment at its North Carolina battery manufacturing ...