Toyota’s biggest problem is keeping hybrid car models in stock
5 years, 1 month ago

Toyota’s biggest problem is keeping hybrid car models in stock

Live Mint  

Toyota Motor Corp. has a problem with selling its hybrids - it can’t get enough of them. “The only thing holding us back on hybrids is capacity,” Bob Carter, Toyota’s North American executive vice president for sales, told reporters on Thursday at an event in Detroit. Toyota’s hybrids accounted for 13% of total Toyota and Lexus brand sales in the U.S. last month and made up nearly a quarter of the volume for its top seller, the RAV4 compact SUV. Toyota could easily sell twice the number of hybrid RAV4 models, but can’t source enough electric batteries for the popular vehicle, Carter said. Carter said the RAV4 hybrid’s appeal has as much to do with features like sporty styling, extra torque and all-wheel drive as it does with its combined 40 miles per gallon fuel economy - 10 mpg above the gas-only model.

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History of this topic

Want a hybrid car? The most and least reliable models revealed
1 week, 6 days ago

Want a hybrid car? The most and least reliable models revealed

Daily Mail  

Hybrid cars are often seen as the ideal stepping stone between a conventional petrol or diesel model and an electric vehicle. With a 98.8 per cent reliability score based on feedback from owners, this not only sits among the top five most dependable hybrid cars – it’s the highest rated luxury car in the latest What Car? Toyota RAV4 hybrid/PHEV …

Why the hype for hybrid cars will not last
1 month, 2 weeks ago

Why the hype for hybrid cars will not last

Live Mint  

The car industry’s effort to decarbonise revolves around replacing petrol with batteries. The big batteries required to run fully electric vehicles make them far more expensive than petrol cars. Plug-in hybrids, by contrast, run on much smaller batteries: they typically have a 20-kilowatt-hour unit, around a third of the size of those in BEVs. Although hybrids can typically travel only …

Will Toyota’s hybrid bridge to electric vehicles work according to plan?
7 months, 2 weeks ago

Will Toyota’s hybrid bridge to electric vehicles work according to plan?

Live Mint  

To get an idea of how Toyota Motor Corporation views the electric vehicle business, just take a look at how it reports car sales. Yet Toyota’s reason for pushing hybrids over pure electric models may be less about the dirty power generators that still populate the planet and more about the fundamentals of market forces. Most people’s stance on this …

Toyota to outshine rivals as more consumers opt for hybrids amid EV slowdown
11 months ago

Toyota to outshine rivals as more consumers opt for hybrids amid EV slowdown

The Hindu  

When Tony Le set out with his wife to buy a new car last year, he looked at Tesla and other all-electric models. Le is among the growing number of consumers accelerating hybrid vehicle sales, leaving long-time hybrid maker Toyota Motor in pole position to lap rivals who have been making a rapid transition towards full electrification and now grapple …

More US auto buyers are turning to hybrids as sales of electric vehicles slow
1 year ago

More US auto buyers are turning to hybrids as sales of electric vehicles slow

Associated Press  

DETROIT — America’s automakers have staked their futures on the notion that electric vehicles will dominate sales in the coming years, spurred by buyers determined to reduce carbon emissions and save on fuel. “I think the hybrid gives them what they’re most looking for.” A LOWER PRICE EV prices have being dropping, mainly a consequence of federal tax credits and …

Toyota more than doubles investment and job creation at North Carolina battery plant
1 year, 2 months ago

Toyota more than doubles investment and job creation at North Carolina battery plant

Associated Press  

RALEIGH, N.C. — Toyota will invest an additional $8 billion in the hybrid and electric vehicle battery factory it’s constructing in North Carolina, more than doubling its prior investments and expected number of new jobs, the company announced Tuesday. The Japanese automotive manufacturer projects the new investment will create about 3,000 additional jobs, bringing the total to more than 5,000 …

Japan's Toyota announces battery electric vehicle initiatives
1 year, 6 months ago

Japan's Toyota announces battery electric vehicle initiatives

The Hindu  

Toyota plans to make an all solid-state battery as part of its ambitious plans for battery electric vehicles, the company said on June 13, as amid mounting criticism Japan’s top automaker needs to do more to fight climate change. “With the evolution of the vehicle’s operating system, the next-generation battery EV will also enable customization of the ‘driving feel,’ with …

Toyota to invest $2.1 billion more in N.C. battery plant, will build big SUV at factory in Kentucky
1 year, 7 months ago

Toyota to invest $2.1 billion more in N.C. battery plant, will build big SUV at factory in Kentucky

Associated Press  

FRANKFORT, Ky. — Toyota will invest another $2.1 billion in an electric and hybrid vehicle battery factory that’s under construction near Greensboro, North Carolina. Susan Elkington, president of Toyota Motor Manufacturing Kentucky, said the new vehicle reflects the company’s “journey toward an electrified future.” Toyota will tap into a “growing market segment” with its new three-row SUV, Elkington said. She …

Toyota Accelerates EV Revamp With Extra $7 Billion Investment
1 year, 7 months ago

Toyota Accelerates EV Revamp With Extra $7 Billion Investment

Live Mint  

TOKYO—Toyota’s new management, looking to make up lost ground in electric vehicles, said it would add billions of dollars in spending to reach EV targets. Toyota said Wednesday it would invest an additional ¥1 trillion, equivalent to $7.4 billion, in EVs through 2030, bringing Toyota’s total planned outlays for the period to around $37 billion. The automaker estimates it will …

Toyota’s new president vows to step up electric vehicle push
1 year, 8 months ago

Toyota’s new president vows to step up electric vehicle push

Associated Press  

TOKYO — Toyota’s new president Koji Sato has promised what he called an aggressive shift on “electrification,” while acknowledging criticism that Japan’s top automaker has fallen behind in actual volumes of electric vehicles sold compared to its rivals. “We like to see that as people cheering Toyota on,” to play catchup in electric cars, Sato told reporters Friday at Toyota …

Toyota to build flagship electric Lexus as it backs away from hydrogen dream
1 year, 10 months ago

Toyota to build flagship electric Lexus as it backs away from hydrogen dream

The Telegraph  

Toyota is to accelerate its shift to electric vehicles as the world’s biggest carmaker unveiled plans to launch a new battery-powered flagship model. Koji Sato, chief executive of Toyota, said “the timing is right” to invest in new manufacturing methods to make electric vehicles in the latest sign the manufacturer is backing away from its hydrogen ambitions. Toyota will launch …

Toyota to roll out products based on multiple technologies, says automaker boss
1 year, 11 months ago

Toyota to roll out products based on multiple technologies, says automaker boss

Hindustan Times  

Toyota Kirloskar Motor aims to roll out products based on multiple clean technologies while also reinforcing its internal combustion engine based model range to cater to all kinds of emerging customer requirements in the country, according to company's Managing Director Masakazu Yoshimura. Toyota has committed to carbon neutrality by 2050 and aims to achieve net zero carbon in manufacturing operations …

Toyota launches six electric cars as it backs away from hydrogen
2 years, 1 month ago

Toyota launches six electric cars as it backs away from hydrogen

The Telegraph  

Toyota, the world’s biggest car maker, has launched six new electric models in a sign of shifting focus from its previous bet on hydrogen as the green fuel of the future. The company, known for its Prius hybrid, threw its weight behind hydrogen when it launched the Mirai in 2014, a large family car with a range of more than …

Toyota shows new Prius hybrid with more power, range, style
2 years, 1 month ago

Toyota shows new Prius hybrid with more power, range, style

Associated Press  

TOKYO — The new Toyota gas-electric Prius hybrid not only comes with more power, acceleration and driving range. And it needs to start today, not tomorrow.” The fifth-generation Prius hybrid models will go on sale this winter first in Japan then the U.S. A plug-in version will hit the market next year, according to Toyota Motor Corp. Prices were not …

Toyota shows new Prius hybrid with more power, range, style
2 years, 1 month ago

Toyota shows new Prius hybrid with more power, range, style

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The new Toyota gas-electric Prius …

Toyota announces a slew of electric cars including SUVs, crossover, concepts, and sportscars
3 years ago

Toyota announces a slew of electric cars including SUVs, crossover, concepts, and sportscars

India Today  

The electric vehicle segment is booming with new launches every other week, but the biggest carmaker just ramped up its EV plans, as Toyota announced a range of electric vehicles that are on their way to various global markets in the next decade. The Japanese carmaker showcased its future strategy, as well as introduced a number of electric crossovers, electric …

Toyota to build $1.3B battery plant near Greensboro, NC
3 years, 1 month ago

Toyota to build $1.3B battery plant near Greensboro, NC

Associated Press  

RALEIGH, N.C. — Toyota announced on Monday that it plans to build a $1.3 billion electric vehicle battery plant near Greensboro, North Carolina, that will employ at least 1,750 people and help meet the auto giant’s growing goals of electric vehicle sales this decade. The company has yet to announce where it will build fully electric vehicles for sale in …

Toyota says it’s too early to focus on electric cars only
3 years, 6 months ago

Toyota says it’s too early to focus on electric cars only

Live Mint  

Toyota Motor Corp.’s lineup over the next 30 years will contain a myriad of options beyond just electric vehicles, executives at an annual shareholder meeting said Wednesday. “It’s too early to concentrate on one option,” said director Shigeki Terashi, responding to an investor’s question about why the world’s biggest carmaker is taking a different electrification route than Honda Motor Co. …

Toyota profit quickly recovers despite chip shortage
3 years, 10 months ago

Toyota profit quickly recovers despite chip shortage

Live Mint  

Toyota Motor Corp. has cemented its status as Japan’s healthiest auto maker, boosting its profit projections after a faster-than-expected rebound from the pandemic. Earlier, Toyota said it expected to post revenue of ¥26.5 trillion, equivalent to $253 billion, in the year ending March 31, slightly higher than its earlier estimate, and it raised its projection for operating profit in the …

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