Toyota Motor Corporation has announced a delay in the production of its first U.S.-made electric vehicle (EV) to 2026. Despite this postponement, the company aims to introduce up to seven all-electric models in the U.S. over the next two years. The initial plan was to begin manufacturing a three-row electric SUV by the end of next year at an assembly plant in Georgetown, Kentucky. However, this has now been postponed to 2026.
Toyota remains committed to starting production of the yet-to-be-named SUV in Kentucky from early 2026. It also plans to start manufacturing another all-electric SUV at its Princeton, Indiana plant from late next year. This expansion from the current two electric models to up to seven comes as market demand for EVs has slowed.
The U.S. launch is part of Toyota's broader goal to sell 1.5 million EVs globally by 2026. To support this objective, Toyota is constructing a lithium-ion battery plant in North Carolina, scheduled to start production in 2025.
Earlier this year, Toyota announced a $1.3 billion investment to equip its Kentucky plant with EV production facilities. Following this, in April, the company revealed a $1.4 billion investment in its Indiana facility to produce the second electric vehicle.
