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Toyota takes cautious approach to super-cheap EVs

Toyota Aygo X Kolin factory
Aygo X minicars at Toyota's factory in the Czech Republic. (Lukas Wagneter)
LC
By:
Luca Ciferri
March 13, 2025 10:58 PM
Toyota Aygo X Kolin factory
Toyota Aygo X Kolin 2023 Aygo X minicars at Toyota's factory in the Czech Republic. (LUKAS WAGNETER)

BRUSSELS — Toyota is not convinced that a battery-electric minicar built in Europe and priced at €20,000 or less can be profitable.

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