LOS ANGELES - Toyota’s electric vehicle strategy is taking a major leap forward. After years of cautious movement, the automaker is committing to building two new all-electric models in the U.S. starting next year—part of a broader plan to offer seven EVs by 2027.

The company isn’t abandoning its hybrid-first approach, however. With U.S. EV sales growing slower than expected, Toyota is hedging its bets through global exports and hybrid dominance while expanding battery production on American soil.

Where will Toyota build its new EVs?

Toyota’s two largest American factories will each host production of one new EV model.

In Georgetown, Kentucky—Toyota’s biggest plant globally—the upcoming electric vehicle will join an existing lineup that includes the hybrid-only Camry, the RAV4 (soon

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