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Market Chatter: Toyota Aims to Sell 7 EV Models in US by Mid-2027
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Market Chatter: Toyota Aims to Sell 7 EV Models in US by Mid-2027
May 29, 2025 5:18 AM

07:47 AM EDT, 05/29/2025 (MT Newswires) -- Toyota Motor ( TM ) aims to have seven electric vehicle models in its US dealerships by the middle of 2027, Bloomberg News reported Thursday.

Production of two American-made EV models is scheduled to start in 2026, according to the report. These would join three new imported EVs the Japanese automaker plans to have in US showrooms in the coming months and two already available, Bloomberg reported.

Toyota ( TM ) shares were up 2% in recent premarket activity.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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