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Search resuls for: "bZ4X"


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☆ I drove Toyota's first real Tesla rival, the $52,000 bZ4X, and found one glaring flaw. Take a tour of the electric SUV.
  + stars: | 2023-04-05 | by ( Tim Levin | ) www.businessinsider.com   time to read: 1 min
So how does the bZ4X drive? It's pretty quick, as EVs tend to be, which comes in handy when you want to quickly pass a semi or a merge with limited runway. The 2023 Toyota bZ4X AWD Limited. Tim Levin/InsiderRead more: I charged a Kia at a Tesla Supercharger and saw how Elon Musk can make EV charging suck less for everybody
☆ Americans love to buy more car than they need. It's making electric cars more expensive.
  + stars: | 2023-03-30 | by ( Alexa St. John | ) www.businessinsider.com   time to read: +4 min
But Americans love SUVs and trucks, and they're going to have to pay for them in the near term. A lot of prospective EV buyers just haven't yet found the types of EVs they're looking for. They don't necessarily need more luxury electric sedans — they want the trucks and SUVs they're used to. A recent study found most car-buyers don't want to spend more than $50,000 to go EV, but they also want electric trucks and SUVs that inherently cost more. Bigger vehicles are often just more expensive, largely because they require bigger batteries — the most expensive part of these new EVs.
☆ Toyota's new Prius is the best argument yet for hybrids
  + stars: | 2023-03-07 | by ( Peter Valdes-Dapena | ) edition.cnn.com   time to read: +7 min
CNN —After I parked a new 2023 Toyota Prius and walked away, I turned around to look at it. How could hybrids, vehicles that burn gasoline, reduce greenhouse gas emissions more than vehicles that burn no gasoline at all?. reducing emissions rather than just acting as an inducement to buy an electric car, pointed out Jason Keller, Toyota’s director of dealer policy in the US. Prices for the Toyota Prius, for instance, start at just $27,000, a price only a few electric vehicles, like the Chevrolet Bolt, can approach. Lexus, Toyota’s luxury brand, is expected to sell only electric vehicles by 2030.
☆ Toyota's Q3 profit jumps 22%, buoyed by weak yen and higher sales
  + stars: | 2023-02-09 | by ( Daniel Leussink | ) www.reuters.com   time to read: +4 min
Operating profit for the three months ended Dec. 31 was 956.7 billion yen ($7.28 billion). That beat the average 764.54 billion yen profit estimated by 10 analysts, according to Refinitiv data. In the same period a year earlier, Toyota reported a 784.4 billion yen profit. He will hand over to the leader of Toyota's Lexus luxury brand as the shift to electric vehicles challenges the car giant. It also cut its sales target for battery electric vehicles to 40 from 58, following an embarrassing recall of its first battery electric model, the bz4x, last year due to safety issues.
☆ Electric cars are too expensive because Americans insist on having more car than they need
  + stars: | 2023-02-02 | by ( Alexa St. John | ) www.businessinsider.com   time to read: +4 min
But Americans love SUVs and trucks, and they're going to have to pay for them in the near term. A lot of prospective EV buyers just haven't yet found the types of EVs they're looking for. They don't necessarily need more luxury electric sedans — they want the trucks and SUVs they're used to. A recent study found most car-buyers don't want to spend more than $50,000 to go EV, but they also want electric trucks and SUVs that inherently cost more. Bigger vehicles are often just more expensive, largely because they require bigger batteries — the most expensive part of these new EVs.
☆ These are the 11 cheapest electric cars you can buy in 2023
  + stars: | 2023-01-27 | by ( Tim Levin | ) www.businessinsider.com   time to read: +6 min
We've found the 11 cheapest new EVs you can buy in 2023. Chevrolet Bolt EVThe 2023 Chevrolet Bolt EV. ChevroletRetail price: $27,800EPA-estimated range: 247 milesQualifies for EV tax creditChevy recently introduced a big brother for the Bolt EV, the Bolt EUV. MazdaRetail price: $34,110EPA-estimated range: 100 milesMazda's first electric model disappoints in the all-important range department. KiaRetail price: $39,550EPA-estimated range: 253 milesThe Kia Niro gets bold new looks for the 2023 model year.
☆ Is Toyota late to EVs?
  + stars: | 2023-01-17 | by ( Dymond Green | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIs Toyota late to EVs? Environmentalists and electric vehicle advocates are accusing the world's largest automaker, Toyota, for dragging its feet on electrification. As of early 2023, the company sells only one electric vehicle, the bZ4X, which it has only sold in small quantities. Will it be able to catch up with the rest of the world, or is Toyota actually in the driver's seat by going slow in EV adoption given how small the global market share is in total electric vehicle sales?
☆ Exclusive: Toyota to outline 3-year EV plan changes to suppliers
  + stars: | 2022-12-11 | by ( Norihiko Shirouzu | ) www.reuters.com   time to read: +5 min
The leading Japanese automaker is expected to detail the EV plan changes through early 2026, communicating the adjustments to major suppliers, the people said on condition of anonymity as the information is confidential. Toyota is set to convene a major powwow of suppliers in February, the first such global supplier convention since the pandemic. The working group has been charged with outlining plans to improve Toyota's EV approach, including considering a potential successor to its new EV platform, e-TNGA. Toyota has been working with two suppliers Denso (6902.T) and Aisin (7259.T) for its EV reboot. That resulted in a soon-to-be-marketed, China-only Toyota electric sedan called the bZ3, powered by BYD batteries.
☆ China's BYD to start selling EVs in Japan by early 2023
  + stars: | 2022-12-05 | by ( Satoshi Sugiyama | ) www.reuters.com   time to read: +2 min
China's BYD, in which Berkshire Hathaway (BRKa.N) owns a stake, said it will roll out an electric sports utility vehicle, ATTO 3, in Japan starting Jan. 31. BYD's Japan chapter is planning to introduce two more models by the end of 2023 and more than 100 dealerships in Japan by the end of 2025, the company said. However, the share of the battery-driven vehicles is expected to grow, partly due to non-Japanese automakers like BYD and Volkswagen (VOWG_p.DE) making their way into the market. BYD's Japan division is planning to set up tentative retailers starting late January in 22 cities but is eager to cover all 47 prefectures, said Atsuki Tofukuji, BYD Auto Japan Inc chief executive. Japanese automakers have recently been criticised by activists and green investors, who slam them for not embracing battery electric vehicles fast enough.
☆ Toyota's new Prius has a little more MPG but lots more power
  + stars: | 2022-11-16 | by ( Peter Valdes-Dapena | ) edition.cnn.com   time to read: +5 min
CNN —Toyota unveiled an all-new version of its famous Prius hybrid car Wednesday just ahead of the Los Angeles Auto Show. With its batteries fully charged, the new Prius Prime will go at least 50% farther without burning any gasoline as today’s Prius Prime does, according to Toyota. It will be able to produce up to 220 horsepower, 100 horsepower more than today’s Prius Prime. Almost every vehicle in Toyota’s line-up is now available with hybrid power. Along with the Prius, Toyota also unveiled the Toyota BZ Compact SUV concept.
☆ Toyota considers sharp boost in output of first EV, but not before 2025, sources say
  + stars: | 2022-10-26 | by ( ) www.reuters.com   time to read: +1 min
TOKYO, Oct 26 (Reuters) - Toyota is considering a sharp increase in production of its first mass-market battery-electric vehicle from 2025, according to three people with knowledge of the developing plans, ramping up output of the vehicle amid a broader strategy rethink. The car is produced at Toyota Motor Corp's Motomachi plant near its headquarters on a shared assembly line with gasoline cars and hybrids. Both the current and potential production numbers include those of the Subaru Corp Solterra, which is made on the same platform. The increase would see Toyota add production at another plant near its headquarters, the Takaoka factory, said the three people, all of whom spoke on condition of anonymity because the information was not public. Reporting by Maki Shiraki; Writing by Kevin Krolicki; Editing by David DolanOur Standards: The Thomson Reuters Trust Principles.
☆ Toyota slashes leasing fee for troubled EV to rekindle orders
  + stars: | 2022-10-26 | by ( ) www.reuters.com   time to read: +3 min
[1/2] A worker prepares 2023 Toyota Electric bZ4X at the 2022 New York International Auto Show, in Manhattan, New York City, U.S., April 13, 2022. Starting Wednesday, the application fee is 385,000 yen while the monthly cost is 1,100 yen cheaper. Those who signed up beforehand are eligible for a discount, said Shinya Kotera, president of KINTO, the Toyota unit offering the leases. Just a year into its $38 billion EV plan, Toyota is already considering starting again to better compete in a market growing beyond the automaker's projections, Reuters reported on Monday. ($1 = 148.7900 yen)Reporting by Satoshi Sugiyama and Maki Shiraki; Editing by Christopher CushingOur Standards: The Thomson Reuters Trust Principles.
☆ Exclusive: Toyota scrambles for EV reboot with eye on Tesla
  + stars: | 2022-10-24 | by ( Norihiko Shirouzu | ) www.reuters.com   time to read: +6 min
As part of the review, Toyota is considering a successor to its EV-underpinning technology called e-TNGA, unveiled in 2019. TESLA AS BENCHMARKThe review was triggered in part by the realisation by some Toyota engineers and executives that Toyota was losing the factory cost war to Tesla on EVs, the sources said. Toyota designed e-TNGA so that EVs could be produced on the same assembly line with gasoline cars and hybrids. The person leading Toyota's EV review is Shigeki Terashi, former chief competitive officer, according to six people with knowledge of the work, including two people close to Toyota. The recognition within Toyota, the world's biggest automaker, that Tesla has set a new benchmark for EV manufacturing costs marks a major reversal.
☆ Toyota to start selling small electric sedan in China by year-end - sources
  + stars: | 2022-09-28 | by ( Norihiko Shirouzu | ) www.reuters.com   time to read: +2 min
The first bZ car - the bZ4X sport-utility vehicle - was to hit the market in China earlier this year, but a global recall of the car forced Toyota to suspend production of the model globally. The car is roughly the same size as Toyota's Corolla model but with a bigger back-seat section, the sources said. There are no plans for Toyota's other joint venture with GAC Motor to produce the bZ3, the three sources said. Toyota has long advocated a small car that does not compromise on comfort as the best way to popularise BEVs, but it has struggled to produce one. The bZ3's smaller sedan configuration has become feasible chiefly because of BYD's thinner lithium-iron-phosphate (LFP) Blade battery technology.
☆ Toyota investing $5.6 billion to build EV batteries, despite its own doubts
  + stars: | 2022-08-31 | by ( Chris Isidore | ) edition.cnn.com   time to read: +5 min
New York CNN Business —Toyota announced plans Wednesday to invest $5.6 billion in new plants to build electric vehicle batteries in Japan and the United States. But unlike other automakers who are going all-in on EVs, Toyota said it’s still not convinced that’s the best path forward. EV battery boomAutomakers having been rushing to announce EV battery plant plans in recent months, often with various partners. Just this week, Honda (HMC) announced a $4.4 billion joint investment with LG on a new US battery plant. Stellantis, which was formed by the merger of Fiat Chrysler and French automaker PSA group, announced battery plant plans last year with LG.
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