Toyota vows to make owning an EV even more affordable, but with only one model available in the US, it’s not giving buyers many options. After another delay to its upcoming electric SUV, here’s when you can expect to see more Toyota EV models roll out.
Toyota aims to make EV ownership more affordable
On Thursday, Toyota Motor North America revealed new details on its plans to “develop a seamless home charging experience as the company prepares to ramp up for its next-generation electrified vehicles.”
Toyota’s growth fund, Woven Capital, led a $28 million funding raise for WeaveGrid, a software company that specializes in enabling rapid EV adoption on the electric grid.
According to Christopher Yang, Toyota’s vice president of EV Charging Solutions, the investment “has the potential to provide customers and power utilities with mutual benefits that align with our mission to contribute to the goal of a carbon-neutral society.”
Together with WeaveGrid, Toyota is partnering with utility companies to make EV ownership more affordable with programs designed to lower energy costs.
“As Toyota aims to expand the number of BEV and PHEV vehicles we offer, our goal remains to ensure the ownership experience is as seamless and customer-friendly” as it has in the US over the past 67 years, Yang said.
When are the new EVs arriving?
The Japanese automaker is known for its hybrid models, like the Prius. However, with only one EV available in the US, the bZ4X SUV, when will Toyota’s next electric model arrive?
In October, a Nikkei report claimed Toyota was delaying production of its three-row electric SUV. Although Toyota said it would begin building the new EV at its Georgetown, Kentucky plant in 2025, production is now scheduled to start in the first half of 2026.
The company also no longer plans to build new Lexus electric SUVs in North America. New Lexus EV models will be shipped from Japan.
According to the report, Toyota is delaying new EV launches to give it more time to introduce new production methods, like giga-casting, to cut costs and speed up output.
Toyota informed suppliers earlier this year it expects to build around 1 million EVs by 2026. That’s down from its previous 1.5 million production goal.
Toyota is not the only one delaying new EV models in the US. Ford, GM, Volkswagen, and others are also holding back major EV initiatives, which opens the door for EV makers like Rivian, Lucid, and, of course, Tesla to gain market share.
Through the first nine months of 2024, Toyota has sold just over 13,500 bZ4X models in the US, more than double the roughly 6,500 sold through September 2023.
2025 Toyota bZ4X trim
Starting Price (excluding $1,395 DPH fee)
Price reduction (vs 2024MY)
Range (mi)
XLE FWD
$37,070
-$6,000
252
XLE AWD
$39,150
-$6,000
228
Limited FWD
$41,800
-$5,380
236
Limited AWD
$43,880
-$5,380
222
Nightshade
$40,420
N/A
222
2025 Toyota bZ4X prices and range by trim
Earlier this week, Toyota revealed the 2025 bZ4X will get a $6,000 price cut from the 2024MY. The 2025 Toyota bZ4X starts at just $39,150. With incentives, Toyota’s electric SUV could be even cheaper than a Corolla or RAV4 Hybrid.
On today’s energizing episode of Quick Charge, judges rule that Montana’s companies owe their kids a cleaner future, the Dacia Sandero looks set to overtake the Tesla Model Y in the European sales race, and a bunch of other stuff.
We’ve also got two brand-new, zero-emission Honda EVs set to debut at the CES show in January, a new and better way to recycle electric car batteries developed by BMW, and a massive new solar project being bankrolled by Walmart.
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Toyota just got a $4.5 million boost from the US Department of Energy (DOE) to make EV batteries more sustainable.
The funding comes from ARPA-E’s CIRCULAR program, which focuses on creating a sustainable, domestic supply chain for EV batteries.
The project, led by Toyota Research Institute of North America (TRINA), aims to tackle one of the EV industry’s biggest challenges: What do we do with old batteries?
Right now, disassembling battery packs and figuring out which parts can be reused or recycled is a slow, manual, and costly process. Toyota, teaming up with Oak Ridge National Laboratory (ORNL), the National Renewable Energy Laboratory (NREL), and Baker Hughes’ Waygate Technologies, is working to change that.
Building the battery recycling center of the future
The project will focus on resolving the primary bottlenecks in the battery supply chain cycle, which are automating battery pack disassembly, data-driven battery classification, and addressing cell degradation. Think of it as a high-tech recycling center where every part of a used battery is carefully evaluated.
This approach could extend the life of valuable battery materials, reducing waste and the need to mine new resources. The ultimate goal? A blueprint for what Toyota calls a “3R facility of the future” – a place to reduce, reuse, and recycle batteries on an industrial scale.
Nik Singh, principal scientist at TRINA and principal investigator on this project, says the project could reshape how the industry approaches battery recycling:
This project and program will highlight avenues for everyone to rethink their approach to battery circularity, and help prioritize the extension of battery life, facilitate battery reuse, and reduce battery waste.
Tech innovations to close the loop
The team’s plan includes:
Automated battery pack disassembly to speed up the recycling process.
Advanced diagnostic tools to assess the condition of battery cells and modules.
Refabrication methods to turn old cells into new energy systems.
The payoff? Batteries that are reused and refurbished first – recycling becomes the last resort.
Marm Dixit, leading ORNL’s contributions, points out the environmental benefits. “By extending the life of the battery components, we reduce their total emissions per mile. That’s a big deal for the role EVs can play in the energy transition,” Dixit said.
NREL’s role will involve cutting-edge tech like machine learning and imaging using nano computed tomography to analyze the health and lifespan of batteries quickly. Baker Hughes’ Waygate Technologies will bring its expertise in non-destructive testing with advanced imaging systems.
Toyota’s Battery Lifecycle Solutions (BLS) team plans to take these innovations from the lab to real-world applications. “By applying the innovations established from this project, we aim to create a framework that not only reduces battery waste but also enhances the circularity of our battery supply chain,” said Sarah Kennedy, BLS manager, who is leading the technology to market deployment.
If you’re considering going solar, it’s always a good idea to get quotes from a few installers. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. It has hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use, and you won’t get sales calls until you select an installer and share your phone number with them.
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Ampion Renewable Energy has brought five community solar farms in Maine online, adding nearly 25 megawatts (MW) of clean energy to the grid annually and generating over 28 million kilowatt-hours (kWh) of electricity.
Located in Franklin (main photo), Aroostook, Penobscot, and Washington Counties, these solar farms serve customers in Versant Power and Central Maine Power territories. Residential households and businesses that subscribe will save up to 15% on their electricity bills while supporting Maine’s transition to clean energy.
Nate Owen, CEO of Ampion, grew up in Maine and founded Ampion in Bar Harbor in 2014. “Community solar is an invaluable state program that provides Mainers with many benefits,” Owen said. “It bolsters the local economy, improves grid resilience, and is available to all types of electricity consumers.”
Ampion has signed 1,700 households and 70 businesses to these new community solar projects. The company will also handle billing and customer care for the next 20 years. Ampion manages subscriptions for 48 community solar projects in Maine, amounting to over 215 MW. The company is growing its Maine workforce to support this expansion, with about 10% of its employees already based in the state.
Ampion is also partnering with local organizations, like The Highlands, a senior living community in Topsham. “We feel good about supporting local jobs and helping to make more clean energy available to the grid, all while helping our community members save money on electricity,” said Troy Chapman, operations director at The Highlands.
According to the Solar Energy Industries Association, as of Q3 2024, Maine had 1415 MW of solar installed and has a growth projection of 1581 MW of solar over the next five years.
If you live in an area that has frequent natural disaster events, and are interested in making your home more resilient to power outages, consider going solar and adding a battery storage system. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. They have hundreds of pre-vetted solar installers competing for your business, ensuring you get high quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use and you won’t get sales calls until you select an installer and share your phone number with them.
Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisers to help you every step of the way. Get started here. –trusted affiliate link*
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