Toyota Motor Corp. may shift electric-vehicle production to the U.S. if demand continues to grow, a top executive said, the latest sign that the Japanese carmaker is joining peers in embracing the technology.
Toyota would consider production at an existing or new factory in the U.S. in response to a sustained increase in American consumers’ appetite for battery-powered vehicles, Bob Carter, the company’s executive vice president for sales in the U.S., said in an interview Wednesday.