A new compact pickup truck is reportedly being developed by Toyota, potentially rivaling existing models such as the Ford Ranchero and the Maverick. The truck may be based on the RAV4 and could be available in the US, although details about its features and launch are unclear. Some outlets suggest the truck could be electric, while others imply it may have a traditional powertrain, with some speculation about a possible launch as early as 2026 or 2027.