Toyota informed its major suppliers of a three-fold increase in EV production in 2025 as it aims to remain competitive in the age of Tesla and BYD.
The Japanese publication reports that the electric version of the internationally sold Hilux pickup truck could launch in Thailand this year, and new SUVs are
slated for launch in the US and China next year. Among them is a three-row electric SUV that will be assembled in the US at the brand’s Georgetown, Kentucky plant.
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