r/electricvehicles 12h ago

News Toyota to increase EV models to 15, diversifying production to 5 countries

https://asia.nikkei.com/Business/Automobiles/Toyota-to-increase-EV-models-to-15-diversifying-production-to-5-countries
314 Upvotes

86 comments sorted by

27

u/deppaotoko 12h ago edited 12h ago

RYOHEI SHIMIZUApril 7, 2025 03:52 JST

NAGOYA, Japan -- Toyota Motor aims to have about 15 electric vehicle models of its own by 2027, up from five now, with a production base spanning Japan, China, the Americas and Southeast Asia, Nikkei has learned.

The world's largest automaker plans to increase EV production to roughly 1 million vehicles by that year, seven times the 2024 level.

Toyota now makes EVs only in Japan and China. Expanding production to the U.S., Thailand and Argentina will help hedge against foreign exchange and tariff risks and deliver vehicles to customers faster.

This effort to spread out production comes as global trade fragments under pressure from moves like President Donald Trump's 25% tariff on imports of vehicles to the U.S.

Toyota sold nearly 140,000 EVs in 2024, up 34% from the previous year. But despite the rapid growth it remained far behind global electric vehicle leaders in volume, with Tesla selling 1.79 million, BYD 1.76 million and Volkswagen 740,000.

Though EV sales are slowing worldwide, the Japanese automaker fears ceding the market to global rivals.

In Thailand, it begins producing an electric version of the Hilux pickup in October. The Thai government wants EVs to make up 30% of domestic automobile output by 2030.

Toyota also plans to start making an electric Hilux in Argentina. In the U.S., Toyota will build three-row sport utility vehicles at its Kentucky and Indiana assembly plants starting in 2026. Batteries will be sourced from a new factory in North Carolina.

In Japan, Toyota starts production of the C-HR+ SUV at its Takaoka plant in September. The vehicle will be sold in regions including Europe, North America and Japan. The company's Tahara plant is expected to begin production of a next-generation Lexus EV around August 2027.

Subaru's Yajima plant northwest of Tokyo starts production of a new SUV developed with Toyota around February 2026. The vehicle is expected to roll out in North America, Europe, Japan and other markets.

In the Chinese market, where price competition is rising, Toyota will focus on low-cost cars. The bZ3X SUV has a starting price of about 110,000 yuan ($15,100), making it Toyota's cheapest EV. More than 10,000 orders were received within an hour of its release in March.

GAC Toyota, a joint venture with China's Guangzhou Automobile Group, is responsible for development and manufacturing of the car. Costs have been reduced by procuring key components from local manufacturers.

The recent slower pace of electric vehicle adoption has prompted Toyota to review some of its plans. The company now expects production volume in 2026 to be about 800,000 vehicles. This is a de facto downgrade of 50% from its initial forecast. In March, the company decided to delay construction of an EV battery factory in Japan's southwestern prefecture of Fukuoka.

But GlobalData predicts worldwide sales of EVs will roughly triple from 2024 to 31.76 million units in 2030, making up more than 30% of all new-auto sales.

23

u/Fluffy-duckies 7h ago

GAC Toyota, a joint venture with China's Guangzhou Automobile Group, is responsible for development and manufacturing of the car. Costs have been reduced by procuring key components from local manufacturers. 

So it's a Toyota in badge only? GAC develop, manufacture, and procure key components from Chinese firms. What's left for Toyota to do?

15

u/HoboHillsCoffeeCo 2024 Solterra 6h ago

Collect their money.

u/Recoil42 1996 Tyco R/C 0m ago

Good reminder for everyone to familiarize themselves with:

This is classic Toyota and generally a classic playbook for most automakers at the conglomerate/zaibatsu/chaebol level. Part of success is working with your partners to minimize capital expenditure and to improve the big-picture view. Often you're trying to incubate a specific technological or process innovation to begin diffusing it across the wider organization, or cross-pollinate ideas with a business partner you've identified as having a discipline you'd like to improve. Takero Kato's story of co-engineering the bZ3 with BYD illustrates this well.

These conglomerate-level groups are way more complex than I think most people understand, they're spinning hundreds of different plates at once. It can be helpful to think of them as kinds of governments of their own — fostering trade and making strategic economic advances — rather than just car companies stamping out metal and welding it.

u/moridinbg 25m ago

This is literally only one of the models - the cheap one for China. All the others are or will be built at Toyota plants by Toyota.

-8

u/DakoshaYou 7h ago

If you wanna be dishonest, then sure, literally first sentence: 'GAC Toyota, a joint venture...' Like, come on.

12

u/Fluffy-duckies 7h ago

It's a joint venture but GAC do everything

-4

u/DakoshaYou 6h ago

This is 100% the wrong lens. Toyota has been doing partnership cars for decades, and GAC has specifically been a Toyota partner for over two decades

7

u/Fluffy-duckies 6h ago

So what part of the car is Toyota except the badge?

9

u/Recoil42 1996 Tyco R/C 4h ago

All of it. Again, that's what a joint venture is and does — you just need to look deeper than a reddit-comment quip.

For instance, the ADAS on the bZ3X is being provided by a company called Momenta. Momenta was funded by Toyota years ago, and provides the mapping in Toyota's other Chinese models. That's how it came to be part of this car.

There's complexity here — shades of grey. To insist on on black and white is to miss the point. Ultimately u/DakoshaYou is correct here, this is just shu-ha-ri and lean. Co-engineering is kind of what Toyota does, and that's always been the case. Fully-independent engineering is a myth — the best automakers are pragmatic integrators.

0

u/DakoshaYou 6h ago

They're practicing what they preach — co-engineering / rebadging is consistent with the tps concept of waste reductionshu-ha-ri, and lean. It just needs to be the right kind of co-engineering at the right moment, in a sense.

3

u/reddit455 2h ago

 Like, come on.

what do you mean?

In the Chinese market, where price competition is rising, Toyota will focus on low-cost cars.

you cannot do business in China unless you enter a joint venture.

China Joint Ventures: Everything You Should Know

https://harris-sliwoski.com/chinalawblog/china-joint-venture/

Changan Ford

https://en.wikipedia.org/wiki/Changan_Ford

SAIC GM

https://en.wikipedia.org/wiki/SAIC-GM

Cummins and Sinopec officially launch joint venture to produce green hydrogen technologies in China

https://www.cummins.com/news/releases/2021/12/21/cummins-and-sinopec-officially-launch-joint-venture-produce-green-hydrogen

1

u/tech57 2h ago

what do you mean?

They mean the car is more Chinese than Japanese. The car is more GAC than Toyota.

"Rooted in the Chinese market with a long-term perspective, GAC Toyota will build an R&D system tailored to the local market, creating Chinese experience at Chinese speed."

https://www.topgear.com.ph/news/car-news/2025-toyota-bz3x-a5100-20250312

And here’s another thing you should know about the Toyota bZ3X: It’s actually a product of the Toyota-GAC partnership in China. Peel away the body and one will see that its bones are based on the second-generation GAC Aion V.

Inside, the cabin is nothing like the usual Toyota product, mainly because the Chinese market seems to prefer a near-buttonless minimalist interior.

Chinese EVs Rebadged as Toyota & Mazda - Beijing Autoshow 2024
https://youtu.be/wv2VBgy-qkA?t=157

11

u/mastrdestruktun 500e, Leaf 6h ago

So for the US I'm seeing bz4x, C-HR+ and the new 3 row SUV, plus the new Subaru EV. Eh. C'mon, Toyota, make a fully EV Prius.

3

u/lostinheadguy The M3 is a performance car made by BMW 1h ago

The C-HR+ would shoot to the top of my shortlist if offered here. Here's hoping.

2

u/TokyoJimu 2024 現代 Ioniq 6 SEL (US) 3h ago

Or sell the bZ3 here.

u/cyberwiz21 56m ago

I’d take an ev Camry.

3

u/Recoil42 1996 Tyco R/C 3h ago

Toyota also plans to start making an electric Hilux in Argentina. 

Well that's exciting and unexpected. I believe this is is the only real news here, most of the rest was already announced or implied in some form.

2

u/B0lill0s 2h ago

I really wish they’d sell that here in the us. Fun little truck, I can’t justify paying $100k for a pos ram or gm monster truck

2

u/Recoil42 1996 Tyco R/C 2h ago

It's a shame, but I think the US is supposed to get an EV Tacoma in a year or two instead.

1

u/kbob 1h ago

If Telo makes it into production, it will be the fun little truck for me.

80

u/cwatson214 2013 Volt 11h ago

They should have started this initiative 15 years ago...

10

u/GrynaiTaip 3h ago

Toyota doesn't do groundbreaking innovation, reliability is their signature feature. They release somewhat older, outdated stuff but then it outlasts everyone else.

15 years ago EVs were in their infancy, unreliable, weird, boring. Now the market is starting to mature, so Toyota is ready to jump in.

8

u/Terrh 6h ago

Toyota started selling electrified and electric vehicles in 1997.

That's 28 years ago.

15 years ago toyota was selling rav4 EV's and funding Tesla production.

Toyota moves slow but you can't say they didn't start trying to do electric things a long time ago... They decided that hybrids were a much better solution for mass produced affordable cars until recently. And they were right.

Hell, my 2014 EV that cost $160,000 CAD (so not affordable) is barely acceptable as a car for highway trips, and if you aren't extremely patient it's hard to justify taking it far over a gas car in terms of practicality. And when it was new it would've been much harder since charging infrastructure hardly existed at that time.

Your flair says you've got a 2013 volt... Many here scoff at that because it's a hybrid but I'd take your volt on a road trip over my Model S any day of the week. Might cost a little more but sitting around charging for an hour sucks.

6

u/cwatson214 2013 Volt 6h ago

I simply stated Toyota should have electrified their fleet 15 years ago. Toyota fought against electrification for years and are only now getting real.

My Volt is an EREV, which is the best of the hybrids. Welcome to the fold (or fuck off)

3

u/Recoil42 1996 Tyco R/C 2h ago

I simply stated Toyota should have electrified their fleet 15 years ago.

They did. The RAV4 and Camry were both electrified around 2010, and make up the bulk of Toyota's sales. The RAV4 even received multiple BEV and PHEV releases. This happened alongside the Prius evolution, and year by year releases in every other segment. Toyota's been able to measure the demand for their electrified vehicles this entire time.

6

u/kevinalexpham 4h ago

They are still right about hybrids in most areas of the country. Gas is dirt cheap and charging my EV is a PITA when half the stations in the city have their cords cut and stripped of copper.

4

u/CelerMortis 3h ago

Charging infrastructure is still way behind in the US but BEV is suitable for the vast majority of homeowners, because most people drive 50 miles a day or something - perfect for modern EVs

2

u/raptor3x 1h ago

This is pretty contrary to how people actually make purchasing decisions though, especially in regard to vehicles. People tend to buy based on the extremes. You base your decisions around the 1 or 2 times a year you might have to drive up to a ski resort in a snowstorm or when you have to haul plywood sheets once every few years. The reality is most people would actually be perfectly happy in the original BZ4X 95% of the time, but almost nobody buys a vehicle that way.

1

u/CelerMortis 1h ago

People are fooled by marketing, we need to reverse this trend too. It’s straight up terrible that men are constantly told they’re weak for having a small car

3

u/MrClickstoomuch 2h ago

Absolutely, but at that point, if batteries are limited, seems like PHEVs with 50 mile EV range would be better than full BEV from a battery allocation perspective. Problem is, only way you will get mass adoption and use is proper regulation to allow home charging or street side charging plus tighter emissions regulations where all vehicles must be electrified with a minimum usable range.

1

u/mythrilcrafter 3h ago

Yup, personally, that's why I've got my eye out for the upcoming Honda Prelude Hybrid.

I not 100% ready to go full BEV yet (and neither is my area), but I am 100% down for an HEV, and I really like the look of the new Prelude (I'm excited by the idea of seeing it next to my dad's 1989 Prelude SI-4WS).

2

u/reddit455 2h ago

15 years ago...

took them the same amount of time to enter the US car market.. after the atomic bombs were dropped.

people forget how BIG Toyota is.. and how many kinds of vehicles they make that joe public will never ever buy.

https://en.wikipedia.org/wiki/Toyota_Material_Handling

Toyota Material Handling, Inc. (TMH), also referred to as Toyota Forklift, is an American manufacturer and distributor of forklifts and tow tractors that is based in ColumbusIndiana. TMHU also is the sole United States distributor for Aichi aerial work platforms, which include scissor lifts, crawler and wheeled boom lifts. TMHU is a subsidiary of Toyota Industries Corporation. Toyota has been the number one lift truck supplier in North America since 2002

10

u/mikeyP-619 8h ago

I will believe it when I see it. If it turns out to be true, which I doubt, I will steer clear of them because of their hostility to EVs.

106

u/Bokbreath 11h ago

17

u/raptor3x 6h ago

God this one is some shitty journalism. They're donating to every politician in states where they have major factories and/or research centers. You know what's not on that list? Toyota donating to a single climate denier who is not in a state they don't have some vested interest.

14

u/gottatrusttheengr 5h ago

Well they also have been muddying the water for years by pushing hydrogen FCEVs as "clean" and labeling hybrids as EVs

3

u/Recoil42 1996 Tyco R/C 3h ago
  1. Hydrogen FCEVs are clean. They're ZEVs, by every definition of the word. They're considered ZEVs by every single major government on the planet, and capable of zero-emissions operations.
  2. No automaker is selling hybrids as if they're pure EVs. They're often labelled electrified, which is a proper label to describe them — hybrids are indeed an electrification step towards pure EVs. Again, this is a common framing outside of Toyota, used by multiple world governments and automakers. China's 'NEV' category explicitly includes PHEVs, as does California's CARB ACCII regulations. (In fact, California puts them under the umbrella of ZEVs.)

The only muddying of the waters here is on your end. None of Toyota's communications regarding FCEVS and hybrids are out-of-step with the rest of the industry or with major regulatory bodies. Hybrids are electrified, and FCEVs are considered ZEVs globally.

6

u/gottatrusttheengr 3h ago

https://carboncopy.info/corporate-watchdog-accuses-toyota-of-misleading-marketing-greenwashing/

Toyota engaged in heavy search engine manipulation to get its "electrified" cars show up under "Toyota electric cars".

https://www.citizen.org/news/blurry-lines-between-hybrids-and-evs-at-toyota-trigger-ftc-complaint-alleging-misleading-marking/

Toyota also used "Beyond Zero” and “To Each Their Own Electric” to describe it's hybrid lineup which is clearly misleading and BS. It also started slapping "HEV" badges on Priuses in 2023 instead of hybrid.

There's already plenty of lawsuits against Toyota on Mirai related issues and many of them point to Toyota and it's dealers conflating FCEVs with BEVs.

"Capable" of zero emissions operations is a strong word here, when literally less than 1% of hydrogen produced is considered green, and the vast majority is from fracking. The effective GHG emissions of operating a hydrogen vehicle from well to wheel is worse than most gas cars.

But hey, with people like you defending Toyota they could build a car that runs on Koolaide

1

u/Recoil42 1996 Tyco R/C 3h ago edited 3h ago

The acronym 'HEV' is an industry-accepted initialism, and has been in use for well over two decades. You can find it all over the EPA and DOE websites, it isn't new or malicious.

The dynamic of fuel cell vehicles are predominantly fuelled by fracking-derived hydrogen today is no different from BEVs being predominantly fuelled by coal-burning and petroleum grids, which is also the case today. The whole goal is a transition. It takes time.

Again, these cars are considered ZEVs by all major world governments. Toyota isn't alone on this — they are not departing from the norms in any way, shape, or form. You are actively spreading misinformation on all counts here.

4

u/gottatrusttheengr 3h ago
  1. "A worldwide electric grid 40% powered by nuclear and renewables is totally equivalent to a Hydrogen ecosystem 99% derived from fossil fuels, trust me bro". Oh and totally ignore well to wheel efficiency here.

  2. Hydrogen itself is an indirect greenhouse gas that worsens the effects of methane

  3. Hydrogen for green energy was a scam 10 years ago, is a scam today, and will still be a scam if it's still around in 10 years as long as people who don't understand thermodynamics are the ones making investments.

5

u/tech57 2h ago

Hydrogen for green energy was a scam 10 years ago, is a scam today, and will still be a scam if it's still around in 10 years

Yup. Hydrogen has it's uses in some industries like steel furnaces. It's not useful at replacing the EV industry. Look no further than people unable to drive because the fuel nozzle is frozen to their car.

-3

u/Recoil42 1996 Tyco R/C 2h ago

Again, that's not really how any of this works. It's a transition — none of these numbers are static. Electric vehicles are not locked into a coal-fueled power grid, fuel cells are not locked into fracking-derived hydrogen. You are spreading misinformation and spin. All of these developments are highly synergistic, and the goal is not to corral consumers into one specific technology per-segment.

1

u/cabs84 2019 etron, 2013 frs 2h ago

non-fossil sourced hydrogen is expensive and produced in very limited quantities. it's like porsche's elusive e-fuel.

-1

u/Recoil42 1996 Tyco R/C 1h ago

For the third time now: It's a transition.

Costs come down with scale, with R&D, and as related technologies and supply chains themselves scale. Costs and production scale are not static. The argument you're using now is the same argument being used by anti-EV crowd with zero difference whatsoever.

→ More replies (0)

11

u/aced124C 6h ago

This gets nowhere near enough attention. Toyota doesn’t deserve a place in the EV market or general car market for helping fund big oil so much

7

u/ladyrift 3h ago

https://www.opensecrets.org/political-action-committees-pacs/toyota-motor-north-america/C00542365/candidate-recipients/2022

They also fund those that believe in climate change. Almost like they fund both sides of the USA to almost the same amount.

1

u/tech57 2h ago

Almost like you are making the other person's point.

1

u/ladyrift 1h ago

An article was Linked an article that claims they fund climate change deniers which they do they also fund equal parts climate change believers. Almost like the reason they fund either group has nothing to do with climate change.

-17

u/bomber991 2018 Honda Clarity PHEV, 2022 Mini Cooper SE 7h ago

Oh no! Anyways…

8

u/AWildDragon Model 3 Highland 5h ago

Just make a fully electric Camry.

38

u/RoboPuG 10h ago

And in 2027 it'll be: battery technology isn't there or the customers aren't there. 

24

u/n05h 10h ago

Yep, we have seen this cycle before. They will probably argue that the current economy isn’t good enough for EV’s and people want cheaper hybrids. Completely disregarding how Chinese EV’s are pretty much on price parity with ICE counterparts.

19

u/inspaceiamfamous 9h ago

Sounds like Them accepting defeat. Toyota San was very adamant on EVs failing two years ago and let Chinese and South Korean brands corner the non us - Eu markets.

I wish them luck, but if it’s a similar effort to the bz4x, solterra or the Lexus one, they might as well keep it.

6

u/Aressito 11h ago

Wonder how they will price the electric c-hr as it seems better equipped than the Bz4x but should sit below the latter model.

Anyway it will be interesting to see what other models they come up with and especially pricings

6

u/Car-face 10h ago

Takaoka is where the BZ4X is also expected to start production soon - The CH-R + is built on e-TNGA as well, so I expect the move to Takaoka will bring with it substantial platform upgrades that carry across to both the CH-R+ as well as BZ4X (which I'm guessing will also get a name change).

4

u/MrPuddington2 3h ago edited 3h ago

Worth noting that "EV sales" are not slowing worldwide. They are only slowing in a few markets, and probably only temporarily so. Global sales are still growing.

Also, Toyota is not currently selling 5 electric vehicles.

And that makes you wonder whether there are more mistakes in this article.

5

u/Evebnumberone 9h ago

Come on Toyota, all we want to know is when are the EV Corolla and Yaris coming? How much are they? If it's 40k+ you can gtfo.

7

u/rexchampman 9h ago

What incentive do they have to rush?

They own the hybrid technology. It would be better for them to extend the life of that business where they have a competitive advantage.

As soon as they convert to Ev, they lose all competitiveness and sink their cash cow.

They can afford to wait and see how the market evolves.

Of course I wish they didn’t but that’s the business reality for Toyota.

0

u/li_shi 9h ago

Well, many cars maker tried to extend the ICE technology as much as they could.

Did not end well.

0

u/tech57 5h ago

What incentive do they have to rush?

Money.

Why does Toyota's future plans hinge on Tesla and China selling a shit ton of EVs for years? EVs that will be on the road for the next 20 plus years. Why? How do all those lost sales help Toyota?

They can afford to wait and see how the market evolves.

That happened awhile back. That's the whole point.

Then, in 2007, the industry got a significant boost when Wan Gang, an auto engineer who had worked for Audi in Germany for a decade, became China’s minister of science and technology. Wan had been a big fan of EVs and tested Tesla’s first EV model, the Roadster, in 2008, the year it was released. People now credit Wan with making the national decision to go all-in on electric vehicles.

Since then, EV development has been consistently prioritized in China’s national economic planning.

6

u/V8-Turbo-Hybrid I'm BEV owner, not Hybrid 11h ago

Need to push harder, 15 isn’t really enough. They aren’t Ford or Honda.

5

u/glmory 6h ago

What niche are they likely missing with fifteen? Tesla has five and feels like they cover at least half of use cases.

2

u/tech57 5h ago

The only thing Toyota needs right now is a 2nd Gen Prius stuffed full of LFP and fast DCFC. That's it. Until that happens nothing has changed at Toyota although some PHEVs with 80 mile battery only range would be nice.

2

u/Recoil42 1996 Tyco R/C 3h ago

You're talking about the CHR+.

3

u/tech57 3h ago

I don't think so, no. For starters it's not for sale.

The CH-R+ is making its debut in Europe, and Toyota hasn’t yet confirmed details for the U.S. market

In Europe, Toyota will offer two batteries with 57.7 or 77.0 kWh gross capacity.

Toyota’s not talking about range beyond saying the electric C-HR it will do up to 600 kilometers on the European WLTP cycle. Convert that to miles then lop off about 25 percent due to testing differences and we’re estimating the big-battery, front-wheel-drive range king could earn around 270 miles in the U.S.’s EPA test.

DC fast-charging peaks at 150 kilowatts, which is the bare minimum for an EV to be competitive today.

The good news is that Toyota has finally implemented a battery preconditioning algorithm

We’ll have to wait for more details and seat time before casting those judgments. As we said form the start, what matters most is the price tag. A price around $30,000 would motivate a lot of buyers to overlook range or charging speeds that come up a little short.

-1

u/WeldAE e-Tron, Model 3 5h ago

They claim 5 now, and they have covered....checks notes a single class, maybe two if you think the Lexus one is any different because it's "luxury". So this sounds like 3 classes at best with 15? It also doesn't help that none of the 5 are good EVs and are just compliance EVs.

2

u/orangpelupa 8h ago

GAC Toyota, a joint venture with China's Guangzhou Automobile Group, is responsible for development and manufacturing of the car. Costs have been reduced by procuring key components from local manufacturers.

I think it was not just by component procurement but also by releasing the same car in 2 different variations and market 

Bz3x and gac trump s7. 

Kinda like Subaru sokterra and bz4x. 

3

u/ConohaConcordia 7h ago

I knew it. The BZ3X as far as I understand is mostly based on GAC’s tech and was based on the AION cars, which are (iirc) reliable but poor in terms of features.

Given how much the Japanese market resists foreign brands, Toyota basically copying a proven Chinese car will help EV adoption in Japan immensely. Japanese EV buyers might be hesitant to buy a Chinese EV, but not if Toyota’s logo is on it (and for good reasons, I’d argue, especially when it comes to availability).

2

u/Recoil42 1996 Tyco R/C 3h ago

The bZ3X isn't intended for sales in Japan.

1

u/tech57 2h ago

https://www.topgear.com.ph/news/car-news/2025-toyota-bz3x-a5100-20250312

And here’s another thing you should know about the Toyota bZ3X: It’s actually a product of the Toyota-GAC partnership in China. Peel away the body and one will see that its bones are based on the second-generation GAC Aion V.

Inside, the cabin is nothing like the usual Toyota product, mainly because the Chinese market seems to prefer a near-buttonless minimalist interior.

Chinese EVs Rebadged as Toyota & Mazda - Beijing Autoshow 2024
https://youtu.be/wv2VBgy-qkA?t=157

2

u/AWDriftEV 2h ago

Toyota will dominate the EV market and I am not happy about it because they lied and stalled for years so they could catch up. Haha. Good for them.

4

u/sergeant-keroro 8h ago

about 10 years late, toyota

2

u/roma258 VW ID.4 7h ago

My kingdom for the EV Hilux!!

But seriously, once they start making proper BEV RAV4s, they'll be printing money. Don't understand what the hell took so long.

1

u/AmericanUpheaval357 2h ago

Good, knew you were biding time to not become Vinfast rushed launch

1

u/moonisflat 1h ago

Hope they come with easy names not that bizarre BZ4X.

u/Volvowner44 2025 BMW iX 15m ago

IF Toyota is serious about this release plan, and IF they are learning from their early experience as well as the growing pains of other EV manufacturers, they can use their US manufacturing base to avoid the worst of the tariff hits and establish a solid presence in the US EV market.

The conventional thinking is that Toyota is late, and I'd tend to agree. However, it's important to note that Toyota does not work on a first mover basis. They enter markets when they can build a reliable, cost-effective, profitable vehicle. That time was not 2020-2023, but there's a decent chance that 2027-28 will be a good time for that era of EVs to flourish.

0

u/aced124C 6h ago

Kind of means nothing when Toyota is one of the Biggest lobbying companies for BIG OIL. They’ve been fighting against EVs and trying to push hydrogen as a way to keep it alive only to create hydrogen fuel through mostly heavily polluting methods. They deserve to fail at this point in the EV market and as a car company too little too late

1

u/species5618w 7h ago

When will the "to increase" become "have increased"?

1

u/Cersad 3h ago

I hope they start making cars that can actually fast charge soon.

I haven't forgiven them for unleashing the bZ4x and clogging up all the EvGo stations every time the weather drops below 50 F with their 20 kW charging speeds.

0

u/Mariner1990 7h ago

Although I would like to see a faster transition also, Toyota has sold about 6 million new Hybrids in the US ( including 2 to me). A hybrid typically burns about 1/3 less gas than a standard ICE, so this would be the equivalent of taking 2 million traditional gas burners off the road,… and that’s not nothing.

Only Tesla, having sold 4.5 million vehicles in the US, thereby taking 4.5 million traditional gas burners out of the picture, has done more in terms of reducing our CO2 levels.

0

u/f2000sa 4h ago

They need something to compete with Rivian R2, maybe Rav4 EV.