Toyota states, on their website, that the Rav4 EV was discontinued because of low sales, which is interesting,
since they only sold it in California yet had a waiting list of people who wanted the vehicle. This is very similar to GM with the EV2 and Ford with the Th!nk. They limited the area that the vehicles were available and then complained that sales were low. I have read that there were also waiting lists for the EV2 and the Th!nk vehicles so I don't think that low sales was the real reason
I think that the real reason is that they were not making any money on the electric vehicles, and once California started backing off on the requirements for EV sales, they decided to call it quits and say that it was a failure.
In the case of the Rav4 EV, they were using the older model body/frame to make the EV version and they were near the end of their supply. I read that it would have been expensive to convert the newer model to be an EV so that probably had a lot to do with the discontinuation.
I think that the real reason is that they were not making any money on the electric vehicles, and once California started backing off on the requirements for EV sales, they decided to call it quits and say that it was a failure.
In the case of the Rav4 EV, they were using the older model body/frame to make the EV version and they were near the end of their supply. I read that it would have been expensive to convert the newer model to be an EV so that probably had a lot to do with the discontinuation.