Toyota’s first EV battery plant in the US is ready for business, but there’s more
After releasing Q3 earnings on Wednesday, the company announced that the Toyota Battery Manufacturing North Carolina (TBMNC) plant had finished preparations. Toyota said the facility “is ready to begin production and will start shipping batteries for North American electrified vehicles in April.”
But no other country has such a deep bench ... changing breakthrough if anyone can nail it down, but Toyota does have more Chinese-style EVs in the works. I've seen elements of these ...
The bZ4X even sounds more like a Scion ... electric vehicles), it shows that Toyota is bearish on full electrification. There’s no better way to test the EV waters than by bringing Scion ...
Despite hybrids reaching a record 40% share in 2024, Toyota’s EV sales lagged the industry. Last year, Toyota, including Lexus, sold just 139,892 pure EV models, accounting for just 1.4% of ...
Toyota has been promising a wave of improved, next-generation EVs for some time now, as well as long-sought solid-state batteries. If it can finally deliver, there's no reason to believe that ...
The numbers are in, and the results aren’t entirely surprising. Boosted by an uptick in demand for hybrids in key markets, Toyota secured its title as the world’s biggest carmaker in 2024.
(Bloomberg Opinion) -- To get an idea of how Toyota Motor Corp. views the electric vehicle business just take a look at how it reports car sales. Prominent in its breakdown is the category of ...
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