Toyota, which reported a record profit for the year ended March 2022, has seen its fortunes reversed in the last quarter, which saw it grappling with supply chain issues and rising operating costs. The Asian […]
Toyota is battling with the elements as heavy rains have disrupted its supply chain. As a result, the company will cut production in Japan by 4,000 vehicles this month, as reported by Auto News. Heavy rains […]
Toyota announced that as of Friday, the company has used up their allotment of US tax credits for hybrid and EVs. The $7,500 federal tax credit can be used for full or partially electric cars […]
Toyota is recalling 2,700 Toyota bZ4X two months after launching its first mass-produced EV SUV. The global recall is around issues with bolts on the wheel that could potentially lead to the wheel being disconnected […]
Toyota has entered an agreement with a Tesla co-founder JB Straubel’s company, Redwood Materials, to recycle old batteries from their electric vehicles. Redwood was founded by the Tesla co-founder to collects and recycles discarded EV […]
Toyota is pushing back against critics of their electrification strategy, noting that they need to offer a variety of powertrains for their customers. The pushback came during Toyota’s annual general meeting yesterday. Toyota doubled down […]
As Toyota prepares for its annual general meeting, it has come under attack from one of its largest shareholders. The AkademikerPension fund went on the offensive and noted that Toyota must go “all-in” on electric […]
Subaru announced plans today to spend 250 billion yen (USD$2.05 billion) over the next five years to accelerate their shift to electrification. Although it may come too late as the company only plans to build […]
Toyota’s first all-electric car, the bZ4X, is set to launch in North America this spring. That might be convenient timing as owners won’t find out about a potential pitfall of the electric SUV until winter […]
Toyota has announced the bZ4X electric SUV will be coming to Canada later this spring, and it will be priced low enough for several trims to qualify for the $5,000 iZEV rebate. The bz4X is […]
