Toyota, the world’s largest automaker, has been criticized for selling few electric vehicles, but its decision to focus on hybrids is paying off financially.
The money-losing electric vehicle company, which makes vans, trucks and S.U.V.s, is trying to preserve cash as it works to produce and sell more affordable vehicles.
¿Realmente queremos que Estados Unidos se convierta en un páramo automovilístico de coches sobrevaluados, caros y que consumen mucha gasolina?
Do we really want America to become a backwater of bloated, expensive, gas-guzzling cars?
It and other foreign automakers are trying to exploit upheaval caused by new technology to gain market share from their dominant rivals.
Some buyers said the electric Lightning did not meet expectations, and Ford has slashed its production plans for the pickup because sales are lagging.
Automakers like Ford, Kia and Toyota are offering more hybrid options to appeal to buyers who aren’t ready for fully electric vehicles.
A small share of motorists burns about a third of America’s gasoline, a study found. Switching to electric vehicles would make a huge dent in climate-warming emissions.
Purchases of popular models like the Tesla Model 3 and the Ford Mustang Mach-E may no longer entitle buyers to tax savings because the cars do not meet tougher sourcing requirements.
Ford and other automaker have had to readjust their electric vehicle production plans because sales have been weaker than they had expected.