Category: Electric cars

Report: Toyota dedicated EV platform may be five years off

Toyota Compact Cruise EV conceptIn what would be a major strategy shift, Toyota is considering a dedicated EV platform similar to what other automakers have to compete more effectively with Tesla, The Asahi Shimbun reported this week. However, Toyota doesn't plan to deploy this platform until 2027 or 2028, when it believes consumer demand for EVs will be sufficient to warrant...