- Sales of bZ4X battery electric vehicle (BEV) commence for U.S. market in mid-April, though availability will be limited.
- Toyota is sticking with a deliberately unhurried pace of BEV rollout, consistent with market demand and regulatory pressure.
- bZ4X drives well and delivers a pleasing, modern appearance that initially should attract pro-EV shoppers willing to spend extra for zero emissions.
- Toyota has lowered its outlook for 2022 US sales. I rate the shares a buy based on recent share price and the automaker’s approach to uncertain consumer demand.
For further details see:
Toyota's bZ4X Battery Electric Will Have Negligible Impact On Stock Or Short-Term Financials