Toyota to delay US EV production to 2026 amid slowing sales, Nikkei reports

Toyota will delay its electric vehicle production in North America to early 2026, citing design adjustments and slowing EV sales. Production of its first battery EV model, a three-row SUV in Kentucky, will start later than planned. The company aims to introduce up to seven new EV models in the U.S. over the next two years.

Oct 3, 2024 - 09:30

Toyota to delay US EV production to 2026 amid slowing sales, Nikkei reports

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Toyota will delay its electric vehicle production in North America to early 2026, citing design adjustments and slowing EV sales. Production of its first battery EV model, a three-row SUV in Kentucky, will start later than planned. The company aims to introduce up to seven new EV models in the U.S. over the next two years.