No cheap Toyota EV in the near future.
January 16, 2024
. Toyota is not planning to launch a cheap EV despite demand building. The automaker says battery costs make a cheap EV unlikely. Toyota’s European product development boss said the offer for low-cost EVs on the market “is limited” and automakers are sacrificing range for price. Toyota could miss an opportunity with a brand name built on smaller, more affordable cars.
Link to the original story: https://electrek.co/2024/01/16/cheap-toyota-ev/