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toyota > Page 5
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News August 26, 2022 0 comments on Toyota Executive says 2030 50% EV goal in the US is a longshot due to low demand

Toyota Executive says 2030 50% EV goal in the US is a longshot due to low demand

by Scott Nordlund

A Toyota Motor North America executive did not mince words when asked about the goal to have 50 per cent EV sales in the US by 2030. The comments were made by Jack Hollis, Executive […]

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News August 5, 2022 0 comments on Toyota is now offering to buyback recalled bZ4X EVs

Toyota is now offering to buyback recalled bZ4X EVs

by Scott Nordlund

Toyota’s newly launched Toyota bZ4X is already facing a massive recall, and Toyota is now offering owners an option for the company to buyback the vehicle. Toyota has sent letters to buyers to advise them […]

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News August 4, 2022 0 comments on Toyota’s profit slides; reports supply chain issues and rising costs

Toyota’s profit slides; reports supply chain issues and rising costs

by David Odejide

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 […]

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News July 27, 2022 0 comments on Toyota cuts production by 4,000 vehicles in July due to rain

Toyota cuts production by 4,000 vehicles in July due to rain

by David Odejide

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 […]

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News July 2, 2022 0 comments on Toyota runs out of US Tax Credits for EV purchasers

Toyota runs out of US Tax Credits for EV purchasers

by Scott Nordlund

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 […]

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News June 23, 2022 0 comments on Toyota recalls all 2,700 bZ4X EVs due to safety issues

Toyota recalls all 2,700 bZ4X EVs due to safety issues

by Scott Nordlund

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 […]

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News June 22, 2022 0 comments on Redwood Materials and Toyota partner to recycle old EV batteries

Redwood Materials and Toyota partner to recycle old EV batteries

by David Odejide

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 […]

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News June 16, 2022 0 comments on Toyota pushes back against criticism of their EV strategy

Toyota pushes back against criticism of their EV strategy

by Scott Nordlund

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 […]

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News June 13, 2022 0 comments on European Pension fund attacks Toyota for being timid on EVs

European Pension fund attacks Toyota for being timid on EVs

by Scott Nordlund

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 […]

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News May 12, 2022 0 comments on Subaru to build first EV factory around 2027

Subaru to build first EV factory around 2027

by Darryn John

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 […]

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