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Why Toyota is going all-in on EVs while other makers are cutting back [USA TODAY]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
Which smartwatch is 40% off on Amazon? Full Summary At a time when many automakers are cutting back on electric-car production, Toyota appears to be going all in. Environmental groups have criticized the world's largest automaker for relying on hybrids instead of full electric vehicles. But the Japanese manufacturer has announced three new electric models , and it has also moved to discount its existing bZ electric crossover SUV Next When Toyota's new fully electric Highlander SUV debuts in 2027, Toyota will sell many battery-powered models from its main brand and Lexus luxury subsidiary. Cox Automotive estimates that only one manufacturer, BMW, will come close to Toyota's number of battery-powered models if nothing else changes, with six EVs. Next Two others, BMW and Cadillac, currently sell four. "Toyota is accelerating when most are slowing down," Stephanie Valdez Streaty, Cox Automotive's director of Industry Insights, said. "The bZ is #3 top-selling EV" this year throu
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