If the carmaker is successful, it could revolutionize the electric vehicle industry and Toyota’s place in it.

U.S. legacy automakers are losing ground to Tesla and Chinese companies like BYD in China, once considered a major new market.

The government is lending $9.2 billion to Ford and a Korean partner to build electric vehicle battery factories in Kentucky and Tennessee.

China’s investment in lithium refining and other aspects of EV battery production is years ahead of the rest of the world.

While EV trucks and SUVs are better for the environment than their gas-guzzling counterparts, they come with other problems.

The 95-year-old Blue Bird Corp. sees its future in electric school buses, with a boost from federal incentives.

The automaker’s CEO says it won’t invest in hybrids, but instead focus on batteries, a new vehicle platform and charging infrastructure.

How a change in the incentives for electric vehicles encouraged more leases.

It’s not easy to start a carmaker, especially with rivals like Tesla, GM, Ford and Toyota, which have market share and manufacturing experience.

Saving money on gas is the main reason they would buy an EV, according to experts. But cost is still a deterrent.