Add Toyota to the list of automakers dialing back its electric vehicle initiatives, the first Japanese company to do so.
Japanese automobile manufacturer Toyota will not begin producing electric vehicles at its U.S. factories in 2025 as planned, postponing production until the first half of 2026.
Subaru had announced at a May 2024 news conference that it and Toyota would mutually supply four EV models by the end of 2026. Having determined that it would be difficult to develop EVs on its own, ...
I drove a 2024 Toyota Highlander and was impressed by its efficient hybrid powertrain, great build quality, and well-designed ...
Investors weren't keen on news of a production delay and a multimillion-dollar investment in an air taxi company.
Toyota, known for its cautious stance on electric vehicles, has boldly invested an additional $500 million in Joby Aviation, ...
Somewhat predictably, hesitancy from consumers towards electric vehicles, as well as a swelling demand for hybrids, has ...
Trade barriers, an oversupply of EVs and flagging growth in China and the rest of the world have driven Chinese automakers to focus on easier markets such as Australia.
The number of imported Chinese vehicles in South Africa has steadily increased, with more than 39,000 automobiles brought ...
Toyota is the latest automaker to delay its EV plans to do slowing demand. Automakers continue to delay their EV plans.
The Japanese automaker plans to sell multiple EVs here, but now none of them will be assembled in the U.S. for years.
The automaker will now start producing its three-row electric SUV in Kentucky in 2026, Nikkei reports.