Despite these cuts, Toyota still aims to ramp up its EV lineup with new models coming soon. Not long ago, Toyota was criticized for banking on hybrids and having a lackluster electric vehicle lineup.

Toyota Motor will establish a wholly owned company in Shanghai to develop and produce electric vehicles and batteries for the ...

The company will hire more than 5,000 workers to make batteries for hybrid and electric cars as part of Toyota's approach to ...

Toyota held onto the title for the ... with over 4.25 million passenger vehicles sold, up 41% from around 3 million in 2023. The Chinese EV leader surpassed Volkswagen in 2023 to become China ...

But this excellent Bloomberg Businessweek story goes much deeper into detail about how Toyota is trying to catch up to new construction methods in the EV era—and whether it even can. In fact ...

You probably don't think of Toyota Motor (NYSE ... but the all-electric vehicles are catching up fast. At the same time, the whole EV market relies on rapid expansion of charging networks.

Toyota Motor TM sold over a million electrified vehicles in the U.S. in 2024, more than rivals Ford Motor Co. F and General Motors Co. GM, thanks to its long hybrid vehicle lineup. What Happened ...

A new dedicated EV plant would help Toyota compete with the fast-rising competition from local automakers - amid an escalating price war in the EV segment. Overall sales of new energy vehicles in ...