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IQFine > News > Electric Cars > Toyota Delays Next Wave of EVs Again: What’s Behind the Hold-Up?
Electric CarsEV NewsToyota

Toyota Delays Next Wave of EVs Again: What’s Behind the Hold-Up?

Surbhi Jain
Last updated: 2024/12/09 at 6:50 AM
Surbhi Jain Published December 9, 2024
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There is a time for another Toyota EV, as it is expected that the promised ultra-efficient next-gen Toyota EV models will not hit the market in 2026 as expected. Toyota is delaying the launch of its next wave of EVs as it introduces new tech that promises to cut costs and speed up production. 

Lexus LF-ZL electric sedan concept (Source: Toyota)

Toyota, one of the world’s largest automakers, has joined the list of companies reevaluating their EV strategies. According to reports, the Japanese auto giant is delaying the production of its next-generation EVs as it focuses on perfecting new manufacturing technologies. This move highlights the challenges automakers face in scaling up EV production while ensuring efficiency and cost-effectiveness in a highly competitive market. Stay tuned for updates on Toyota’s evolving EV roadmap.

We got the first look of the upcoming EV at the Japan Auto Show last October. Toyota previewed its next-gen EV platform, showcasing two Lexus concepts, the LF-ZC and LF-ZL, both of which were expected to launch in 2026. 

Toyota larger bZ electric SUV concept (Source: Toyota)

Toyota claims its upcoming High-Performance EV batteries can provide over 1,000 km (621 miles)of WLTP driving range. They will also include fast charging capabilities (10% to 80%) in 20 minutes.

Toyota’s current bZ4X electric SUV offers a WLTP range of up to 516 km (321 miles) and an EPA-estimated range of up to 236 miles.

According to the report, Toyota is pushing back the date to give it time to introduce new production methods, including giga-casting, as it looks to cut costs and accelerate output. 

Toyota EV battery roadmap (Source: Toyota)

Toyota is reportedly postponing the production of its electric three-row SUV in the US, originally planned for 2025. According to a recent Nikkei report, the new EV SUV is now expected to begin assembly at Toyota’s Georgetown, Kentucky plant in the first half of 2026.

Toyota has informed its suppliers of a revised production target, now planning to manufacture approximately 1 million EVs by 2026, down from its earlier goal of 1.5 million. The automaker joins a growing number of competitors, including Ford, GM, and Volkswagen, in delaying or scaling back their EV ambitions.

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