Toyota Delays EV Plans to Boost Gas-Fueled SUV Output

Toyota Motor Corp. is tapping the brakes on plans to build electric vehicles in the US to free up manufacturing capacity for a popular gas-powered SUV.

The Japanese automaker plans to begin producing a new electric SUV at its plant in Georgetown, Kentucky, starting in 2028, more than a year later than planned, according to the company. The unnamed plug-in model was slated to be produced at Toyota’s plant in Princeton, Indiana, but instead will be built in Kentucky.