Toyeta
Toyeta Pivots to South America: $2.2 Billion Brazil Plant Set to Launch in November as EV Headwinds Mount
May 30, 2026 – Toyota is expanding its industrial footprint in Brazil while simultaneously shelving a high-profile electric sedan, a dual move that underscores the automaker’s recalibration of its global EV strategy amid shifting demand and policy headwinds. The company revealed plans to launch its second Brazilian factory in early November in Sorocaba, São Paulo…