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Battery cost makes affordable Toyota EV unlikely, exec says

Green Car Reports

An entry-level Toyota EV is unlikely in the near future due to high battery costs, an executive said in a recently published interview with Autocar. Some automakers are launching small, affordable EVs for the European market, but Toyota currently has no plans to follow them, Andrea Carlucci, the automaker's European development boss, said.

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Battery cost makes affordable Toyota EV unlikely, exec says

Baua Electric

An entry-level Toyota EV is unlikely in the near future due to high battery costs, an executive said in a recently published interview with Autocar. And it definitely won’t be among the five new electric SUVs Toyota plans to launch by 2026, Autocar noted. Toyota has launched a C-HR plug-in hybrid in Europe, too.

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Tesla $7,500 credit up front, Toyota affordable EVs, Ram electric vans: Today’s Car News

Green Car Reports

Toyota pushes back about the viability of affordable EVs. Ram introduces a lineup of electric vans. And Tesla buyers can now get the $7,500 EV tax credit up front—if they qualify. This and more, here at Green Car Reports.

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Look out Ford Maverick and Hyundai Santa Cruz! Toyota plotting affordable all-electric baby HiLux  

EV Central

Toyota’s USA boss has sparked rumours that the world’s largest car-maker might be secretly readying a production version of its 2023 Toyota EPU Concept that it showed off last year at the Japan Mobility Show. If it is approved for production, the EPU ute concept is tipped to revive the Toyota Stout nameplate.

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BYD launches affordable Dolphin EV in Japan to unlock market dominated by Toyota

Electrek

China’s largest automaker, BYD , is set to take on Toyota on its home turf. million ($24,570) in Japan Wednesday as it looks to take on Toyota head-on. more… The post BYD launches affordable Dolphin EV in Japan to unlock market dominated by Toyota appeared first on Electrek.

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Toyota unveils new Urban electric SUV to rival Volvo’s EX30 as affordable EV option

Electrek

Toyota’s new Urban electric SUV Concept will challenge the affordable Volvo EX30 as the brand’s cheapest EV yet. more… The post Toyota unveils new Urban electric SUV to rival Volvo’s EX30 as affordable EV option appeared first on Electrek. Cheaper EVs are on the way.

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Nissan LEAF and Ariya top most affordable EVs in Q1 as Hyundai, Tesla, Toyota close in

Electrek

Electric vehicle prices have come down significantly, with the top five most affordable EVs in Q1 all selling for under $41,000. Two Nissan EVs topped the list, while Hyundai, Tesla, and Toyota electric models rounded out the top five.