02:24 PM EDT, 03/28/2024 (MT Newswires) -- Toyota Motor ( TM ) is considering all-electric or plug-in hybrid versions of its Tacoma and Tundra pickups in the US, CNBC reported Thursday, citing an interview with a senior executive.

"We're in the evaluation of both. There are reasons why a [battery EV] can work and there's a reason why [plug-in hybrid EV] can work," Toyota Motor North America executive vice president Jack Hollis told CNBC during the New York Auto Forum conference.

Hollis declined to speculate whether Toyota ( TM ) would also introduce an all-electric version of Hilux in the US which was earlier confirmed for the global markets, the report said.

Toyota ( TM ) did not immediately respond to a request for comment from MT Newswires.

(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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