logo
Tesla's Model Y sales outpaced this model by an 11:1 ratio in Q1. Will Toyota's EV rebrand fare any better?

Tesla's Model Y sales outpaced this model by an 11:1 ratio in Q1. Will Toyota's EV rebrand fare any better?

Yahooa day ago

Sales numbers for the first quarter of 2025 are in — and Tesla's performance might surprise you. While it's no shock that the American electric vehicle giant led the EV market, the extent to which Tesla outpaced its competitors is remarkable.
Tesla sold over 11 times as many electric SUVs as Toyota, according to a new sales report compiled by Kelley Blue Book. Why is Tesla's electric SUV outselling Toyota's model by such a large margin?
Here's how the two electric SUVs compare and how Toyota intends to reinvigorate its EV nameplate.
The 2025 Tesla Model Y starts at $44,990. It has a top speed of 125 miles per hour and accelerates from 0-60 miles per hour in 5.4 seconds. The Model Y small electric SUV has a whopping 357 miles of driving range in its base form. Tesla's Model Y All-Wheel Drive starts at $48,990. It zooms from 0-60 miles per hour in just 4.6 seconds.
Toyota's bZ4X is the Japanese automaker's first small electric SUV model for the American market in recent years. The bZ4X entered the great EV race after the arrival of several popular rivals including the Model Y, Volkswagen ID.4. Hyundai Ioniq 5, Kia EV6 and Ford Mustang Mach-E.
The 2025 Toyota bZ4X starts at $37,070. Unlike the Model Y, it does not currently qualify for the federal electric vehicle tax incentive. That said, Toyota offers an EV incentive for leasing the bZ4X. It has a top speed of 104 miles per hour (all-wheel drive trim) and accelerates from 0-60 miles per hour in around 6.5 seconds. The bZ4X comes in three trims and has 252 miles of driving range. Upper trim level bZ4X models have slightly less driving range.
The Tesla Model Y and Toyota bZ4X may both be electric SUVs, but they are very different. They have completely different design languages and Toyota's model falls short in several areas. Both small electric SUVs have starting prices under $38K when you account for the EV tax incentive. The main differences are performance specs and cabin design.
The Model Y has 102 more miles of driving range than the Toyota bZ4X, which is no small figure in terms of range. Additionally, the Tesla Supercharger Network is one of the largest EV charging networks in the world. The Tesla Model Y is capable of replenishing 200 miles of range in just 15 minutes via a Tesla Supercharger.
The Model Y is quicker than the bZ4X, it has more driving range, and it has a more refined interior. U.S. News & World Reported cited "down-market cabin materials" as one of the three bZ4X cons listed in its review. In contrast, the publication praised the Model Y for its "loads of passenger and cargo space, thrilling acceleration, and deft handling".
The bZ4X nameplate may not have been a huge success for the company, but it still has a role to play in the EV space, thanks to a major upgrade. Toyota is completely rebranding the bZ4X nameplate as the Toyota bZ, a redesigned EV with more driving range and design updates.
Toyota is addressing the main issues that car buyers have with the bZ (formerly bZ4X) with better performance specs. Its driving range is getting a huge bump to 314 miles. It also boasts up to 50% more horsepower on all-wheel drive models (338 combined system net horsepower), according to Toyota's press release.
Standard NACS (North American Charging Standard) port, giving it access to Tesla chargers
Quicker charging time (10%-80% in close to 30 minutes with DC fast-charging)
Updated interior and exterior styling
So, Toyota's bZ4x electric SUV may not pose a major threat to the Tesla Model Y, but the upcoming bZ could give it a run for its money. It is expected to hit dealers in the second half of 2025, according to Toyota. No pricing information is available at this time, but the EV will not be eligible for the federal electric vehicle tax incentive.
This article originally appeared on USA TODAY: Tesla outpaced Toyota sales 11:1 in Q1. Will bZ4X rebrand fare better?

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Why ALSO Holding AG (VTX:ALSN) Could Be Worth Watching
Why ALSO Holding AG (VTX:ALSN) Could Be Worth Watching

Yahoo

time40 minutes ago

  • Yahoo

Why ALSO Holding AG (VTX:ALSN) Could Be Worth Watching

ALSO Holding AG (VTX:ALSN), might not be a large cap stock, but it saw a decent share price growth of 20% on the SWX over the last few months. The company is inching closer to its yearly highs following the recent share price climb. As a mid-cap stock with high coverage by analysts, you could assume any recent changes in the company's outlook is already priced into the stock. However, could the stock still be trading at a relatively cheap price? Let's take a look at ALSO Holding's outlook and value based on the most recent financial data to see if the opportunity still exists. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. The share price seems sensible at the moment according to our price multiple model, where we compare the company's price-to-earnings ratio to the industry average. We've used the price-to-earnings ratio in this instance because there's not enough visibility to forecast its cash flows. The stock's ratio of 29.59x is currently trading slightly below its industry peers' ratio of 29.85x, which means if you buy ALSO Holding today, you'd be paying a reasonable price for it. And if you believe that ALSO Holding should be trading at this level in the long run, then there's not much of an upside to gain over and above other industry peers. Furthermore, ALSO Holding's share price also seems relatively stable compared to the rest of the market, as indicated by its low beta. This may mean it is less likely for the stock to fall lower from natural market volatility, which suggests less opportunities to buy moving forward. View our latest analysis for ALSO Holding Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Buying a great company with a robust outlook at a cheap price is always a good investment, so let's also take a look at the company's future expectations. ALSO Holding's earnings over the next few years are expected to increase by 97%, indicating a highly optimistic future ahead. This should lead to more robust cash flows, feeding into a higher share value. Are you a shareholder? ALSN's optimistic future growth appears to have been factored into the current share price, with shares trading around industry price multiples. However, there are also other important factors which we haven't considered today, such as the track record of its management team. Have these factors changed since the last time you looked at ALSN? Will you have enough confidence to invest in the company should the price drop below the industry PE ratio? Are you a potential investor? If you've been keeping an eye on ALSN, now may not be the most advantageous time to buy, given it is trading around industry price multiples. However, the optimistic forecast is encouraging for ALSN, which means it's worth further examining other factors such as the strength of its balance sheet, in order to take advantage of the next price drop. Diving deeper into the forecasts for ALSO Holding mentioned earlier will help you understand how analysts view the stock going forward. Luckily, you can check out what analysts are forecasting by clicking here. If you are no longer interested in ALSO Holding, you can use our free platform to see our list of over 50 other stocks with a high growth potential. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Trump announces new steel and aluminium tariffs in blow to global markets
Trump announces new steel and aluminium tariffs in blow to global markets

Yahoo

time40 minutes ago

  • Yahoo

Trump announces new steel and aluminium tariffs in blow to global markets

Donald Trump has announced plans to double tariffs on steel imports from next week, intensifying his trade war and unsettling global markets. Addressing a rally of steel workers in West Mifflin, Pennsylvania, on Friday, the US president revealed that tariffs would rise from 25% to 50%, claiming the measure "will even further secure the steel industry in the United States." Mr Trump later confirmed on Truth Social that the new tariffs, which also apply to aluminium imports, would take effect from Wednesday. He declared that American "industries are coming back like never before." "This will be yet another BIG jolt of great news for our wonderful steel and aluminum (sic) workers," he wrote, adding: "MAKE AMERICA GREAT AGAIN!" In a separate statement, he said: "We don't want America's future to be built with shoddy steel from Shanghai - we want it built with the strength and the pride of Pittsburgh!" However, a UK government source told Sky News that Britain will remain exempt from the new tariff rates, following the signing of a US-UK trade deal earlier this month. The source highlighted this agreement as evidence of why reaching an early arrangement with the Trump administration had been critical. Under the deal, the US agreed to "promptly construct a quota at most favoured nation (MFN) rates" for British steel, aluminium and derivative products. The escalation follows Mr Trump's claim earlier that China had "totally violated" an agreement designed to mutually roll back tariffs and trade restrictions on critical minerals. "So much for being Mr Nice Guy," he wrote on his social media platform. Initially, Mr Trump imposed a 25% tariff on all steel and aluminium imports in March as part of an effort to protect US manufacturing and jobs, making foreign imports less appealing to domestic industries. These increased tariffs threaten to raise costs for American consumers, affecting products from cars to canned soft drinks. Trump previously warned Canada it could face tariffs of up to 50% on steel imports, prompting Ontario's provincial government to threaten to increase electricity charges by 25% to American customers. Ontario supplies electricity to more than 1.5 million US homes and businesses in Minnesota, New York, and Michigan. Canadian Prime Minister Mark Carney previously described the potential tariffs as an "attack" on Canadian workers, families, and businesses. Currently, roughly a quarter of steel used in the US is imported, predominantly from countries including Canada, Mexico, Japan, South Korea, and Germany. In 2024, the US imported 6.6 million tonnes of steel from Canada and 3.5 million tonnes from Mexico. The US also heavily relies on imported aluminium, receiving 3.2 million tonnes from Canada last year.

We must ‘get real' about Trump abandoning Ukraine, Europe admits
We must ‘get real' about Trump abandoning Ukraine, Europe admits

Yahoo

time40 minutes ago

  • Yahoo

We must ‘get real' about Trump abandoning Ukraine, Europe admits

British and French officials drawing up plans for a peacekeeping force in Ukraine have discussed the need to 'get real' about Donald Trump abandoning the country. Officials agreed to shift the focus from deploying European troops to back up any ceasefire to sustaining Kyiv's long-term defence against Russia's invasion without American support. There is now a genuine concern that the US president will follow through on his threat to walk away from his role as a mediator, having failed to bring Vladimir Putin to the negotiating table. 'Let's get real and admit the US will never be on board,' a Western official told the Telegraph, describing the dire mood at the meeting in the Hague. A European diplomat added: 'It was mostly about how to sustain the necessary support to Ukraine when we assume that the US would only continue providing some specific assets, such as intelligence. 'We also agreed on the need to step up economic pressure on Russia.' The meeting in the Dutch capital, attended by 'political directors' from foreign ministries, marked a stark change in roles of the 'coalition of the willing' devised by Sir Keir Starmer and Emmanuel Macron to uphold a possible ceasefire being pursued by the Americans. Sir Keir and Mr Macron have been pushing the 'coalition of the willing' proposal under which European allies would use their soldiers to help enforce any peace deal. More than 30 nations have indicated support, although only a handful have publicly offered to put troops on the ground in Ukraine. A central question had been whether Washington is willing to provide what has been described by UK figures as a 'security guarantee' or a 'back-up' for this force. The group still hasn't publicly conceded that its intentions have changed, with the chances of peace dwindling the longer Putin holds out against international pressure for a truce. The European nations also agreed to invite Volodymyr Zelensky, Ukraine's president, to the Nato summit in The Hague next month. His attendance had previously been in doubt after Mr Trump's vocal opposition to Ukraine joining the Western military alliance. General Keith Kellogg, Mr Trump's Ukraine envoy, said on Friday: 'We've said that, to us, Ukraine coming into Nato is not on the table. 'And we're not the only country that says that. You know, I can probably give you four countries in Nato, and it takes 32 of the 32 to allow you to come into Nato.' It is likely the coalition will continue to support the Trump peace efforts in public at the request of Ukrainian officials, who fear not doing so will result in the US leader ending weapons shipments and intelligence sharing. Although Washington has not signed off on deliveries of new weapons since Mr Trump took office, it continues to ship hardware agreed under Joe Biden's tenure. The US has also signed off on sales of domestically-produced kit, such as spares for F-16 fighter jets, to Ukraine, as well as allowing European nations to deliver American-made equipment. The meeting in the Dutch capital comes ahead of a key week of diplomacy. On Monday, Britain's national security adviser is expected to attend the next round of peace talks between Russia and Ukraine in Istanbul. Gen Kellogg told ABC News: 'We'll have what we call the E3. That is the national security advisers from Germany, France, and Great Britain…When we were in London, they kind of helped us mould a term sheet for Ukraine.' Moscow and Kyiv held their first direct negotiations in more than three years in the Turkish capital earlier this month. On Friday, the Kremlin said it would only discuss the conditions of a ceasefire at the talks in Istanbul after Kyiv demanded to see a peace memorandum prior to negotiations. Ukraine said it wanted to see a document setting out Russia's peace proposal before committing to sending officials to Istanbul. Andrii Sybiha, Ukraine's foreign minister, said: 'In order for the next planned meeting to be substantive and meaningful, it is important to receive a document in advance so that the delegation that will attend has the authority to discuss the relevant positions.' Sergei Lavrov, Russia's foreign minister, announced the second round of talks earlier this week after Donald Trump further criticised Vladimir Putin. The US president had called his Russian counterpart 'crazy' and accused him of 'playing with fire' before appearing to give him a two-week deadline to secure a deal. Next week, Britain and Germany will also host a meeting of the Ukraine Defence Contact Group of 50 nations coordinating military aid to Ukraine. Broaden your horizons with award-winning British journalism. Try The Telegraph free for 1 month with unlimited access to our award-winning website, exclusive app, money-saving offers and more.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store