​Toyota Slashes EV Output By 30% For 2026 – Tyler Durden

Toyota Slashes EV Output By 30% For 2026 In keeping with innumerable automakers that are cutting back investment and production into electric vehicles, Toyota has become the latest to slow its EV output, according to a new report from Nikkei Asia. The company “plans to significantly slow its production of electric vehicles”, the report says, stating it’ll cut global output for 2026 to just 1 million cars, about 30% less than previously expected.  Toyota has decided to reduce EV production due to a global market slowdown, informing its suppliers of the change. The company now plans to produce over 400,000…  — Continue at ZeroHedge News : Read More