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Stock impact report

Toyota could introduce electric, plug-in Tacoma and Tundra pickups [CNBC]

Stellantis N.V. Common Shares (STLA) 
Company Research Source: CNBC
Jack Hollis, executive vice president of Toyota Motor North America, said the Japanese automaker is assessing its options to determine what makes the most sense based on expected customer demand and tightening federal emissions and fuel economy regulations. “I do think there's room to grow our entire truck footprint. Whether it be Tundra, Tacoma or something else in addition to the lineup,” Hollis told CNBC on Tuesday during the New York Auto Forum conference. “Whether that's a compact or something else, I think it's important for us to continue to see what the customers are looking for.” Toyota has previously discussed a broad lineup of battery-electric vehicles , or BEVs, including a midsize pickup model, such as its segment-leading Tacoma. The latest conversations have introduced the potential for plug-in hybrid vehicles, or PHEVs. Toyota earlier this year said it would invest $1.3 billion in a Kentucky plant to produce a new all-electric, three-row SUV for the U.S. market. Show less Read more
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