The massive Japanese automaker had planned to begin manufacturing in late 2025 or early 2026.
Toyota has informed News that it now plans to begin operations for electric vehicles in the US at a later date in 2026.
A number of other significant automakers, such as Ford and Volvo, have recently lowered their EV ambitions.
A Toyota spokesman, Scott Vazin, stated, “We’re still focused on our global [battery electric vehicle] target of 1.5M vehicles by 2026.” He also mentioned that the company intends to debut “5 to 7 [battery electric vehicles] in the US market in the next two years.”
The company stated earlier this year that it would be investing $1.3 billion (£980 million) in its Kentucky manufacturing in order to construct an electric sport utility vehicle (SUV) with three rows.
The business has also revealed plans to produce another electric vehicle at a factory in Indiana.
Toyota plans to open a factory in North Carolina next year to increase production of lithium-ion batteries in order to meet these objectives.
Toyota made its statement at a time when the global auto industry is still grappling with declining demand in some significant countries for electric vehicles.
Tesla’s quarterly results on Wednesday fell short of Wall Street forecasts.
