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Toyota Debuts 2026 RAV4 Hybrid, 500-Mile Range, Waitlist Soars

7/27/2026

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Story summary
  • Toyota unveiled the 2026 RAV4, a 2.5 L hybrid or plug-in hybrid with 54 miles electric range, at the Chicago Auto Show on Feb. 6 2026.
  • The model eliminates a gasoline powertrain and provides a total range of about 500 miles.
  • Toyota’s share of Tesla trade-in customers rose from 6.9% in Q2 2021 to 17.3% in Q2 2026, per Edmunds.
  • Dealers report waitlists, with a California dealer holding over 800 customers for the RAV4.