Tesla Earns 8x More Profit Per Car than Toyota, Says Report

Tesla’s per-car earnings generated eight times as much profit as Toyota in an analysis of July through September sales, according to a report from Nikkei. The news of the profit difference comes even though Toyota outsold Tesla by over seven to one, and it marks the first time the U.S. automaker has overtaken the Japanese […]

Toyota Considers Revamping EV Strategy, Using Tesla as Benchmark: Report

Toyota is looking to reboot its electric vehicle (EV) strategy to better compete with other automakers including the likes of Tesla, according to four sources familiar with the plans, reports Reuters. The sources say the plans are still in development, but proposals currently under review would shift Toyota’s $38 billion EV rollout plan announced in […]

Toyota Restarts bZ4X EV Production, Fixes Wheels Falling Off Issue

Following Toyota’s move to buy back its first electric vehicle (EV) from customers due to the wheels falling off on some units, the automaker is officially set to start fresh in producing the vehicle. Toyota is restarting production on the bZ4x EV with fixes to the safety issues causing some wheels to fall off, according […]

Toyota Sold Zero bZ4X Electric Vehicles in September

Toyota joined other automakers in sharing their Q3 production and delivery numbers, but one of the most interesting stats was the fact there were zero bZ4X electric vehicles sold in September. Yes, it’s still a terrible name for a vehicle. The first Toyota bZ4X reviews hit the web earlier this year in April, when sales […]

Toyota Warns Shift to EVs Could ‘Leave Customers Behind’

Toyota CEO Aki Toyoda said that a move to only selling EVs could leave customers behind in a meeting with U.S. journalists on Thursday (via Wall Street Journal). Toyoda noted that promoting hybrids and plugin hybrids in the short term while planning for the long term with EVs was a worthy cause, especially for customers […]

Toyota Offers to Buy Back bZ4X EV After Wheels Falling Off Recall

Toyota is offering a new buyback program and make-good repairs to owners of the bZ4X after a recent recall. Customers of the Toyota bZ4X are now eligible to have recalled models repaired by Toyota, or to have the automaker buy the electric vehicle (EV) back entirely, according to Automotive News. The news comes after the […]

Toyota Joins Tesla, GM in Running Out of EV Tax Credits in U.S.

Toyota has run out of a $7,500 tax credit available for buyers of plug-in hybrid electric vehicles (PHEVs) and battery electric vehicles (BEVs) in the U.S. — reports Automotive News. The Japanese automaker reported 3,876 plug-in sales for June, putting the company over the 200,000 credit-eligible sales every automaker is allowed in the U.S. Toyota […]

Toyota Says ‘Customers Need to Choose’ to Popularize EVs

Toyota has been under scrutiny recently for not moving away from gas cars quickly enough, and for lobbying against climate policies, according to Reuters. In a Q&A with Danish pension fund AkademikerPension during a general meeting, Toyota CTO Masahiko Maeda explained that “customers need to choose” to popularize EVs. In rebuttal, AkademikerPension said that Toyota […]

Toyota’s bZ4X EV Has Poor DC Fast Charging, May Stop in Cold Weather

Toyota’s first mainstream entrant into the electric SUV market, the bZ4X, has some rather disappointing weather-dependent issues with EPA-rated range and DC fast charging. According to MotorTrend’s hands-on, the bZ4X suffers from absolutely crippled DC fast charging speeds in colder climates. In a recent press release that highlighted five things to know about the bZ4X, […]

2023 Toyota bZ4X Reviews Hit the Web, Here’s a Roundup [VIDEOS]

Toyota’s first entry into the electric vehicle (EV) space, the bZ4X, officially went on sale on Tuesday. At the same time, embargoes on media coverage of the new all-electric vehicle lifted. Take a look at the first reviews of the Toyota bZ4X: Autoblog 2023 Toyota bZ4X First Drive Review: Toyota’s First Real EV CNET 2023 […]

Toyota Wants to Be Like Tesla, Says Camera-Based Self-Driving Tech Coming

Woven Planet, a unit of Toyota Motor Corp., has unveiled camera-based self-driving technology similar to Tesla’s Vision-based Autopilot — reports Reuters. The Toyota subsidiary told Reuters that it has developed a way to use data collected from low-cost cameras to effectively train its self-driving system. Woven Planet hopes this “breakthrough” will help drive down the costs associated […]

Toyota bZ4X EV to Get Free Year of Charging from EVgo

After Toyota unveiled the bZ4X electric crossover SUV, set to debut this spring, the automaker is apparently offering free charging to buyers of the electric vehicle (EV). Toyota is partnering with charging network EVgo to offer a free year of charging for bZ4X buyers, according to Automotive News. EVgo has deployed over 800 DC fast-charging […]