Current:Home > MyChainkeen|Toyota pushes back EV production plans in America -ProsperityStream Academy
Chainkeen|Toyota pushes back EV production plans in America
SignalHub View
Date:2025-04-07 09:48:08
The ChainkeenEV 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
veryGood! (8835)
Related
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- Woman and daughter, 11, fatally shot in SUV in Massachusetts; police arrest man, search for another
- Arizona’s health department has named the first statewide heat officer to address extreme heat
- Which streamer will target password sharing next? The former HBO Max looks ready to make its play
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- Funko Pop figures go to the chapel: Immortalize your marriage with these cute toys
- Embattled New York Community Bancorp announces $1B cash infusion
- Wayward 450-pound pig named Kevin Bacon hams it up for home security camera
- A White House order claims to end 'censorship.' What does that mean?
- Fed Chair Jerome Powell wants more proof inflation is falling before cutting interest rates
Ranking
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Ukraine says it sank a Russian warship off Crimea in much-needed victory amid front line losses
- 75-year-old Phoenix man arrested in 42-year-old Kansas killing
- Did the moose have to die? Dog-sledding risk comes to light after musher's act of self-defense
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- Embattled New York Community Bancorp gets $1 billion cash infusion, adds Steven Mnuchin to its board
- Medical examiner says two Wisconsin inmates died of fentanyl overdose, stroke
- Tre'Davious White, Jordan Poyer among Buffalo Bills' major salary-cap cuts
Recommendation
Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
Regulator partially reverses ruling that banned FKA twigs Calvin Klein ad in UK
Four family members convicted in 2018 New Mexico compound case sentenced to life
Opening remarks, evidence next in manslaughter trial of Michigan school shooter’s dad
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
Gov. Gavin Newsom’s campaign donor says his Panera Bread restaurants will follow minimum wage law
American Express card data exposed in third-party breach
Why Beauty Babes Everywhere Love Millie Bobby Brown's Florence by Mills Pimple Patches