Toyota delays US electric car plans
Toyota delays US electric car plans as sales slow
"We’re still focused on our global [battery electric vehicle] target of 1.5M vehicles by 2026," said Toyota spokesperson Scott Vazin, adding that in the next two years it plans
Why Toyota has delayed its EV production plans in US
Toyota has revealed that it's pushing back the start of its electric vehicle (EV) production in North America. The Japanese carmaker pointed to design tweaks and a dip in EV sales as the reasons for this delay,
Toyota is delaying new US-made electric SUVs, but there’s more to it
Toyota will not make electric SUVs in the US starting next year as planned. According to a new report, Toyota is delaying production of new electric SUVs in the US by several months. The company is blaming the holdup on slowing EV sales in the US, but are they really?
Toyota Delays Production Of EVs In US On Slower Sales, Reports Say
Toyota Motor postponed its plans to start electric-vehicle production in North America due to a slowdown in EV sales and design adjustment. A report by the Nikkei revealed that production was moved to the first half of 2026 instead of the initial planned schedule of 2025.
Toyota Pushes Back EV Production Plans in America
The Japanese automaker plans to sell multiple EVs here, but now none of them will be assembled in the U.S. for years.
Toyota delays US EV production start
It also said it will supply US-made electric vehicles with lithium-ion batteries supplied by Toyota Battery Manufacturing North Carolina, a $13.9 billion facility slated to begin production in 2025. "Toyota delays US EV production start" was originally created and published by Just Auto, a GlobalData owned brand.
Toyota's EV delay reveals price of Western protectionism
One Toyota dealership in New York was offering to lease an electric bZ4X sport utility vehicle for just under $30,000 in September -- a roughly 40% discount on its sticker price. The automaker will delay the start of EV production in North America to 2026 amid market headwinds, Nikkei reported Thursday.
Toyota to delay US EV production to 2026 amid slowing sales, Nikkei reports
Toyota Motor will postpone the start of electric-vehicle production in North America to the first half of 2026 due to design adjustment and slowing EV sales, the Nikkei business daily reported on Thursday.
Toyota pushes back U.S. EV production plan to 2026 - report
Toyota Motor (NYSE:TM) to delay electric vehicle production in North America amid lackluster sales, now set to begin in the first half of 2026, Nikkei reported. Initially scheduled for late 2025, the production of Toyota's (TM) first battery electric SUV at its Kentucky facility will now commence around June 2026.
Toyota's EV delay reveals price of protectionism against China
In response to the influx, the U.S. in late September raised its duty on Chinese-made EVs to 100% from 25%. The Inflation Reduction Act passed in 2022 also provides a tax credit of up to $7,500 for purchases of EVs that do not contain Chinese-made batteries.
Toyota Delaying U.S. EV Production. Here’s Why.
Instead, U.S. car buyers just want a good deal. Wednesday, Nikkei reported Toyota would delay U.S. production of an all-electric three-row SUV by several months pushing production into 2026. Design changes were cited,
Why Toyota Stock Was Sinking Today
Investors weren't keen on news of a production delay and a multimillion-dollar investment in an air taxi company.
Toyota Reportedly Delays Production Of Its First U.S.-Made EV
Toyota plans to delay the start of production of its first U.S.-made electric vehicle, Nikkei reported. The automaker had ...
I drove Toyota's $55,000 Highlander Hybrid. Its noisy engine and tepid performance were disappointing.
I drove a 2024 Toyota Highlander and was impressed by its efficient hybrid powertrain, great build quality, and well-designed ...
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Toyota Pushes Back bZ5X Large SUV Project
Somewhat predictably, hesitancy from consumers towards electric vehicles, as well as a swelling demand for hybrids, has ...