In a bold move, Toyota Motor Corp. is expanding its electric vehicle (EV) lineup in the United States with plans to produce two American-made all-electric models next year. This expansion will complement three new imported EVs and two existing ones, totaling seven EVs by mid-2027. The company aims to electrify every model globally this year, with nearly 80% of Toyota and Lexus vehicles in the U.S. already offering hybrid or fully electric options. Toyota anticipates steady growth in U.S. EV sales while preparing for international markets through exports. A key component of this strategy involves producing lithium-ion batteries at a massive plant in Liberty, North Carolina.
During the vibrant autumn season, when leaves turn golden, Toyota unveiled its comprehensive plan to revolutionize the American automobile market. With production set to begin on two U.S.-manufactured all-electric models next year, Toyota is positioning itself strategically within the global EV landscape. These vehicles will join an array of imported EVs that Toyota intends to roll out over the coming months. Key locations include Liberty, North Carolina, where a sprawling facility covering 1,850 acres will manufacture batteries essential for these electric endeavors. Meanwhile, Toyota's Georgetown, Kentucky, plant remains a cornerstone of its manufacturing prowess, churning out popular models like the RAV4 and Camry. Similarly, Princeton, Indiana, plays a crucial role in assembling larger vehicles such as the Highlander SUV.
Cooper Ericksen, senior vice president of planning and strategy at Toyota Motor North America, emphasizes a balanced approach between domestic consumption and international export opportunities. While acknowledging challenges posed by fluctuating tariffs and trade policies, Toyota remains optimistic about navigating the complexities of global markets.
As the automotive industry evolves, total EV sales in the U.S. increased by 7.3% last year, reaching approximately 1.3 million vehicles. However, Toyota contributed fewer than 30,000 all-electric units despite robust hybrid sales. Recognizing the importance of staying competitive amidst rivals like General Motors, Tesla, and Hyundai, Toyota projects battery electrics capturing nearly double their current share by 2030.
Ericksen acknowledges the present challenge of EVs cannibalizing traditional volumes but envisions them as a vital segment for future success. In addition to the bZ4X and Lexus RZ currently available, Toyota plans to introduce the bZ Woodland, CH-R crossover, and an electrified version of the Lexus ES sedan next year.
The specifics regarding which all-electric models will be produced at Georgetown and Princeton remain undisclosed, adding intrigue to Toyota's strategic rollout.
From a journalistic perspective, Toyota's commitment to expanding its EV portfolio underscores the evolving dynamics of the automobile industry. As manufacturers grapple with shifting consumer preferences and regulatory pressures, Toyota's dual focus on domestic production and international exports highlights a prudent approach to navigating uncertainties. This initiative not only strengthens Toyota's position in the burgeoning EV market but also exemplifies how established companies can adapt to changing landscapes without compromising long-term sustainability goals. For readers, it serves as a reminder of the transformative power of innovation and strategic foresight in shaping industries for generations to come.
In the first five months of the year, Xpeng has shown remarkable growth in vehicle deliveries. The company delivered 162,578 vehicles from January to May, marking a significant increase compared to the previous year. Notably, in May alone, Xpeng delivered 33,525 vehicles, continuing a streak of seven months with deliveries surpassing 30,000 units. Despite a slight decline from April, this represents an impressive year-on-year growth. Furthermore, Xpeng introduced new variants of its Mona M03 sedan and plans to launch additional models like the G7 SUV and the new P7 sedan later this year.
In the vibrant spring season, Xpeng has maintained robust delivery momentum. During May, despite a minor dip from April, the Chinese EV manufacturer achieved a seven-month run of delivering over 30,000 units monthly. This month's deliveries reached 33,525 vehicles, reflecting a massive 230% rise compared to the same period last year. Accumulatively, Xpeng has delivered over 162,000 vehicles since the start of the year, showing a staggering 293% increase year-on-year.
The Xpeng X9 MPV contributed significantly to these figures, selling 3,227 units in May, indicating nearly double the sales from the previous year. In addition to strong sales performance, Xpeng unveiled the 2025 X9 model at an introductory price of RMB 359,800, positioning it as their most expensive offering yet. CEO He Xiaopeng announced plans to introduce the X9 MPV into the European market by late 2025.
On May 28, Xpeng launched two new versions of the Mona M03 electric sedan—Max and Plus. The Max variant boasts capabilities akin to Tesla’s Full Self-Driving system, equipped with the Turing smart driving system that offers advanced AI-assisted driving features across all public roads in China without any subscription fees. With starting prices ranging from RMB 129,800 to RMB 139,800, these models represent a breakthrough in bringing high-end technology to affordable vehicles globally.
Within the first hour of release, the new variants garnered 12,566 confirmed orders, showcasing their popularity. Looking ahead, Xpeng is set to unveil the G7 SUV in June, aiming for competitiveness within the RMB 250,000 price bracket, followed by the new P7 sedan targeting the RMB 300,000 segment in July-August.
From a journalist's perspective, Xpeng’s achievements highlight the rapid advancements in the electric vehicle industry. Their ability to consistently deliver high volumes while introducing cutting-edge technologies at competitive prices sets them apart. It inspires other manufacturers to innovate further and strive for affordability without compromising quality or technological sophistication. For readers, this serves as a testament to how far EVs have come and what we can expect in the near future—a more sustainable, tech-driven automotive landscape.