A cheap Toyota EV? Not right now, the company says
Baua Electric
JANUARY 16, 2024
Toyota says no small, cheap EV is in the works Although many automakers, including VW, Stellantis, and Kia, have revealed plans to launch low-cost EVs under $30,000 (£25,000), Toyota says not so fast. Toyota’s European product development boss, Andrea Carlucci, told Autocar that battery costs make a cheap EV unlikely.
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