Toyota reportedly considers hitting the reset button on its EV transition

United States News News

Toyota reportedly considers hitting the reset button on its EV transition
United States Latest News,United States Headlines
  • 📰 verge
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 67%

The automaker’s e-TNGA platform may also get replaced.

However, according to the sources, Toyota is dealing with an EV manufacturing process that’s too slow and expensive compared to other manufacturers, like Tesla, that have been making electric cars for years.

notes that Toyota co-developed an all-electric version of its popular RAV4 SUV with Tesla back in 2012 but cites sources saying its engineers considered the technology to be no threat. It sold off its stake in the development to Tesla in 2017 before beginning the development of its own platform.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

verge /  🏆 94. in US

United States Latest News, United States Headlines



Render Time: 2025-02-22 07:46:26