Toyota to speed up EV production, aims for over 600,000 vehicles in 2025, report says

Toyota bZ4X driving down steep incline 2022 — The bZ4X crossover is currently Toyota's only mass-market EV.

By:

Reuters

September 22, 2023 09:28 AM

TOKYO -- Toyota will speed up production of electric vehicles from its Toyota and luxury Lexus brands, the Nikkei newspaper reported.

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Manufacturing

Tariff costs, policy uncertainty prevent suppliers from investing in the U.S., MEMA says

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Suppliers have become more pessimistic about their financial outlooks and how globally competitive they are since tariffs have gone into place, MEMA data shows.

By:

John Irwin

Tariff costs, policy uncertainty prevent suppliers from investing in the U.S., MEMA says

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Hans Greimel

$11 billion tariff tsunami poised to wash over Japanese automakers looking to boost U.S. output

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