Toyota cuts 2026 global EV output plans by a third, report says

Toyota bZ4x — Toyota's only full-electric model in Europe is the bZ4X midsize SUV. (TOYOTA)

R

By:

Reuters

September 06, 2024 08:50 AM

TOKYO -- Toyota has slashed its electric vehicle production plans for 2026 by a third, the Nikkei business daily reported, becoming the latest automaker to roll back electric car plans as EV sales momentum wanes.

Featured Stories

ACCII: Are states ready for ZEV mandates?

Automakers and dealers that are in states adopting California’s Advanced Clean Cars II rule – which sets ambitious, annually escalating ZEV sales mandates and threatens stiff penalties for noncompliance – face a daunting challenge

ACCII: Are states ready for ZEV mandates?

Automaker executives expect Chinese carmakers to enter U.S. market, Kerrigan Advisors survey finds

Gail Kachadourian Howe

Automaker executives expect Chinese carmakers to enter U.S. market, Kerrigan Advisors survey finds

Here’s where global auto tariffs stand after the U.S.-U.K. trade deal

Here’s where global auto tariffs stand after the U.S.-U.K. trade deal

Wrapping up a sale next to the car means better F&I results for Ford store

Wrapping up a sale next to the car means better F&I results for Ford store

Latest News

Read the Automotive News Digital Edition for May 12

ACCII: Are states ready for ZEV mandates?

Dealer groups seek more time on clean cars rules in 12 states

Automaker executives expect Chinese carmakers to enter U.S. market, Kerrigan Advisors survey finds

Staying current is easy with newsletters delivered straight to your inbox.

See More in Automakers

Yugo shows model of small car planned for 2027 production start

VW dealers, after stop-sale orders, left waiting to sell ID Buzz. Again

What the auto industry wants from the new German government

2025 Chevrolet Blazer SS EV: High-performance vrooms into the future

Staying current is easy with newsletters delivered straight to your inbox.