World’s biggest automaker responds to fading appeal of EVs as subsidies are cut
The hybrid version of Toyota’s RAV4 sport utility vehicle, released in December in the U.S., has been selling well. (Photo by Azusa Kawakami)
Nikkei staff writers
February 4, 2026 18:00 JST
NAGOYA, Japan — Toyota Motor plans to make around 30% more hybrid vehicles in 2028 compared with current production levels and expand their manufacture significantly in the U.S., as consumers react to countries cutting incentives to buy pure electric vehicles.
