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toyota > Page 2
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News February 6, 2024 0 comments on Toyota Commits $1.3 Billion to Kentucky Plant for New Electric SUV

Toyota Commits $1.3 Billion to Kentucky Plant for New Electric SUV

by Matt Wilson

Toyota has announced a $1.3 billion investment in its Georgetown, Kentucky, manufacturing plant to support electric vehicle (EV) production. The new investment is part of Toyota’s broader $35 billion plan to build 3.5 million battery-electric […]

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News February 5, 2024 0 comments on Toyota fights back against “anti-EV” tag

Toyota fights back against “anti-EV” tag

by David Odejide

To many EV sector analysts, Toyota is the perfect case study of how a legacy automaker should not handle the emergence of electric vehicles. However, the Japanese automaker is fighting back against the anti-EV label […]

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News December 4, 2023 0 comments on Toyota unveils concepts as it eyes EV offering expansion in Europe

Toyota unveils concepts as it eyes EV offering expansion in Europe

by Samuel Bryant

Toyota is set to expand its EV offering in Europe, and it has unveiled concept EVs to attain the goal at its annual Kenshiki forum held in Brussels. Toyota already has the bZ4X and released a production […]

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toyota electric
News November 2, 2023 0 comments on Toyota shifts gears and cuts EV sales projections amid soaring profits

Toyota shifts gears and cuts EV sales projections amid soaring profits

by Darryn John

Like other automakers in recent days, Toyota has revised its EV sales projections for this  year. After initially aiming to sell 202,000 EVs it has now adjusted its target to 123,000 units, a 39% reduction. […]

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Akio Toyoda courtesy of Toyota
News October 31, 2023 0 comments on Toyota Adds Another $8 Billion to EV Battery Plant in North Carolina

Toyota Adds Another $8 Billion to EV Battery Plant in North Carolina

by Drive Tesla Staff

After a week of announcements from automakers delaying EV-related investments, Toyota is doing the opposite, announcing an additional $8 billion investment in its hybrid and electric vehicle (EV) battery factory under construction in North Carolina. […]

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toyota tesla
News October 20, 2023 0 comments on Majority of Americans would prefer to purchase a Toyota EV over Tesla: Survey

Majority of Americans would prefer to purchase a Toyota EV over Tesla: Survey

by Darryn John

Tesla and Toyota are at opposite ends of the spectrum when it comes to electric vehicles (EVs). The Austin-based automaker leads the charge as the largest EV producer and seller in the world. Meanwhile Toyota […]

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tesla NACS
News October 19, 2023 0 comments on Toyota and Lexus join NACS coalition

Toyota and Lexus join NACS coalition

by Darryn John

Toyota has signed on to join the growing list of automakers agreeing to adopt the North American Charging Standard (NACS). The agreement includes their luxury brand Lexus, and marks the second announcement this week from […]

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toyota idemitsu
News October 13, 2023 0 comments on Toyota partners with Idemitsu to bring solid-state batteries to mass production

Toyota partners with Idemitsu to bring solid-state batteries to mass production

by Matt Wilson

Toyota and Japanese oil refiner Idemitsu Kosan have joined forces to develop mass production technology for solid-state batteries for electric vehicles (EVs), with the intention to market solid-state batteries as early as 2027. Solid-state batteries […]

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Akio Toyoda courtesy of Toyota
News October 5, 2023 0 comments on Toyota and LG Energy Solution partner on $3 billion EV battery plant in the US

Toyota and LG Energy Solution partner on $3 billion EV battery plant in the US

by Matt Wilson

Toyota and LG Energy Solution have inked a strategic supply agreement to ensure a steady supply of lithium-ion batteries for Toyota’s US-manufactured electric vehicles, starting in 2025. LG Energy Solution is committing a substantial $3 […]

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News September 19, 2023 0 comments on Lexus is benchmarking Tesla in its massive EV overhaul; Lexus global boss

Lexus is benchmarking Tesla in its massive EV overhaul; Lexus global boss

by Samuel Bryant

Tesla remains the company to beat when it comes to EVs. However, other automakers like Lexus are trying to catch up by modeling their production after the American company’s methods. As Automotive News reports, Lexus is on the […]

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