Toyota Delays U.S. Electric Vehicle Production to 2026

The automaker cites slowing EV demand and design adjustments as reasons for postponing its U.S. manufacturing plans.

Toyota's original plan to start U.S. production of a three-row electric SUV in late 2025 has been pushed to early 2026.
The decision comes amid a broader trend of slowing electric vehicle sales in key markets like the U.S. and Europe.
Toyota plans to introduce between five and seven new electric vehicle models in the U.S. over the next two years.
The company is investing $1.3 billion in its Kentucky plant and $1.4 billion in its Indiana facility to support future EV production.
Toyota has also canceled plans to manufacture Lexus electric SUVs in North America by 2030, opting instead to import from Japan.