Toyota, the world's largest automaker, has stepped back on its ambitious electric vehicle (EV) targets, trimming its 2026 production goals by a third. Originally aiming to roll out 1.5 million EVs by that year,

Instead, U.S. car buyers just want a good deal. Wednesday, Nikkei reported Toyota would delay U.S. production of an all-electric three-row SUV by several months pushing production into 2026. Design changes were cited,

Toyota Motor will postpone the start of electric-vehicle production in North America to the first half of 2026 due to design adjustment and slowing EV sales, the Nikkei business daily reported on Thursday.