Toyota to invest $1.3B to build EVs at its Kentucky plant
Toyota just announced a $1.3 billion investment in its Kentucky factory to build EVs, including its three-row electric SUV for the US market.
Expand Expanding CloseToyota just announced a $1.3 billion investment in its Kentucky factory to build EVs, including its three-row electric SUV for the US market.
Expand Expanding CloseToyota gave the bZ4X an update for the 2024 model year. With new features and tech, Toyota looks to keep up with the competition.
Expand Expanding CloseAfter launching the EV9 last fall, Kia’s first three-row electric SUV is already outselling the Toyota bZ4X. Kia EV9 sales nearly doubled that of Toyota’s electric SUV in its first full month on the US market.
Expand Expanding CloseThe 2024 Toyota bZ4X will cost slightly more than the previous model. To sweeten the deal, Toyota is already offering a special financing rate.
Expand Expanding CloseIf you’re deciding between an electric or hybrid Toyota, the bZ4X EV may offer a better value. Despite its higher MSRP, the all-electric bZ4X is now cheaper to lease than the Toyota Hybrid Camry.
Expand Expanding CloseToyota China is slashing prices on its first electric SUV, the bZ4X, in an effort to boost sales in an increasingly competitive market. In China, prices for the bZ4X now start at less than $25,000 (169,800 RMB).
Expand Expanding CloseDuring Toyota’s annual Kenshiki Forum, the Japanese automaker outlined a hardened strategy for electrification in Europe, which will include five additional fully-electric models to join the bZ4X overseas by 2026. Toyota hopes these BEV options will accelerate its sales goal of being 50% electric by 2030 and carbon neutral by 2040.
Expand Expanding CloseIs the world’s largest automaker finally responding to the rapidly changing auto industry? Toyota is now considering ramping up production of its first 100% electric mass-market vehicle, the bZ4X SUV, but not until 2025, according to sources familiar with the plans.
Expand Expanding CloseGlobal automaker and hybrid zealot Toyota announced it will resume sales of its first mass-produced battery EV – the bZ4X, following a safety recall concerning risk that its wheels could fall off. Months later, the Japanese automaker appears to have found a fix to the manufacturing defect (as well as a previously undiscovered safety issue) and plans to resume bZ4X production immediately.
Expand Expanding CloseToyota has sent a letter to bZ4X owners, offering a choice between a loaner and incentive package or full repurchase of vehicles, as the company continues to struggle with (literally) keeping the wheels on their first electric car effort.
Notably, the car’s electric drive systems are not affected by the recall – the battery and drive motor are working perfectly fine.
Expand Expanding CloseToyota issued a recall on 2,700 bZ4X electric cars, roughly all the ones produced to date (though most undelivered), over the potential of wheels falling off.
Expand Expanding CloseSubaru has revealed US pricing for their new all-electric crossover, the Solterra. As a matter of fact, I was flown to Catalina Island and got to experience the Subaru Solterra – then got lost, had a flat tire, and almost missed my plane. But lived to tell the tale.
The Solterra is coming in hot, offering a highly competitive price for one of the best AWD systems on the market today, electric or otherwise. If you’re willing to forgive the slower speed at which the car can roadtrip, then Subaru’s impressive first attempt at a BEV could be in your future.
Expand Expanding CloseToyota has now officially launched the bZ4X, its first all-electric vehicle in a long time, in the US and announced a starting price of $42,000.
Expand Expanding CloseAccording to recent comments from Toyota North America, the automaker expects to surpass the 200,000 vehicle threshold for EV sales sometime this summer, disqualifying itself from any additional tax credits in the United States under current legislation. Toyota’s federal tax credits will be phased out just as the automaker plans to begin sales of its lone BEV, the bZ4X, later this year.
Expand Expanding CloseToyota announced a new partnership with ChargePoint on electric vehicle charging in America ahead of the US launch of its bZ4X electric SUV.
Expand Expanding CloseUS public charging network, EVgo, has announced a commercial agreement with Toyota Motor North America to provide upcoming bZ4X customers with one year of free charging on its network. Toyota is EVgo’s latest automotive partner as it looks to continue to expand its public charging network and expedite EV adoption for US consumers.
Expand Expanding CloseDuring a recent media event in Brussels, Toyota Europe outlined a plan for a 100% CO2 reduction in all-new vehicle sales in the market by 2035. This “goal” will be preceded by a sales mix of at least 50% zero-emission vehicles (ZEVs) in Western Europe by 2030. On a broader scale, Toyota Motor Corporation continues to dig in its heels as one of the few major automakers that has yet to set an expiry for gasoline vehicle production.
Expand Expanding CloseToyota has unveiled what could be considered as its first all-electric car: the bZ4X, an electric SUV packed with cool features.
Expand Expanding CloseToyota has unveiled today the bZ4X, a battery-electric SUV, though it didn’t release any specs despite a production version of the vehicle coming as soon as next year.
Expand Expanding Close