Exclusivesky Investment Guild :Toyota pushes back EV production plans in America

2025-05-08 04:11:19source:Ethermaccategory:reviews

The Exclusivesky Investment Guild EV market is in constant flux and Toyota has never been ahead of the game, and it's apparently still struggling to catch up. The automaker has been skeptical about EV adoption, and turned out to be mostly right about its predicted slump in the market, but the world is still moving towards all-electric vehicle adoption and Toyota must still eventually adapt. That adaptation is coming a little slower than planned now, as Toyota's plans for U.S.-built EVs have been pushed back a few months, according to a report from Nikkei.

More EVs:The best electric SUVs of 2024

Toyota reportedly had plans for a three-row all-electric SUV model to be built in Georgetown, Kentucky by the end of 2025, but those intentions have now been pushed back a few months to a planned early 2026 production start. Later in 2026, another new all-electric SUV is scheduled to begin assembly at a factory in Princeton, Indiana. The automaker has invested $2.7 billion in the new Kentucky and Indiana facilities so far. A planned Lexus vehicle to be built in the U.S. by 2030 has reportedly also been scrapped.

According to Nikkei, the delay is due to the company making adjustments to the three-row EV's design in light of slowing EV sales in the U.S. overall.

A North Carolina battery plant is expected to begin operations in 2025 to supply future Toyota EVs, with hopes of moving 1.5 million EVs a year globally by the end of 2026. Toyota hopes to have up to seven all-electric new vehicles on sale in the U.S. market by 2026, though obviously none will be assembled in the U.S. until that year. So far it only offers one Toyota and one Lexus EV in America, the sibling Toyota bZ4X and Lexus RZ 450e SUVs. We anticipate the additional five EVs will be mostly SUV models, especially larger ones, but we do expect an electric Tacoma pickup of some sort to come to the U.S. eventually as well.

Photos by MotorTrend Staff and manufacturer

More:reviews

Recommend

Jamaica's Kishane Thompson more motivated after thrilling 100m finish against Noah Lyles

SAINT-DENIS, France — Some athletes adopt the mindset that they don’t lose, they learn. Jamaican spr

Does Noah Lyles have asthma? What to know of track star who won 100m gold at Paris Olympics

United States sprinter Noah Lyles solidified his stance as the fastest man in the world on Sunday, n

Missouri police say one man has died and five others were injured in Kansas City shooting

KANSAS CITY, Mo. (AP) — One man was killed and five others were hospitalized with bullet wounds afte