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Toyota to cut 2026 global EV production by around a third to 1 million, Nikkei reports

09/06/2024

Less than a minute

2024.09.06 02:25

© Reuters. Toyota Motor Corporation's cars are seen at a briefing on the company's strategies on battery EVs in Tokyo, Japan December 14, 2021. REUTERS/Kim Kyung-Hoon/File Photo

TOKYO (Reuters) – Toyota Motor (NYSE:) will cut its 2026 global EV production to around 1 million vehicles, down from a previously announced sales plan of 1.5 million, the business daily reported on Friday.

(This story has been refiled to fix a typo in the headline)

09/06/2024

Less than a minute

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