Battery cost makes affordable Toyota EV unlikely, exec says
Baua Electric
JANUARY 17, 2024
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. That model will start around 32,000 euros ($35,000), Carlucci revealed.
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