Toyota to Produce 100,000 EVs Annually in Czech Republic by 2028, Raises 2025 Global Production Target to 10 Million

Toyota plans to commence electric vehicle (EV) production in Europe by 2028, with its first European EV manufacturing facility located in the Czech Republic. The company aims to produce approximately 100,000 electric vehicles annually at this Czech factory. Additionally, Toyota has raised its global vehicle production target for 2025 to 10 million units, reflecting an increase in its overall manufacturing ambitions.