Toyota Motor North America reported that its total electrified vehicle sales – which includes battery, hybrids, plug-in hybrids and fuel cell vehicles – made up nearly one-quarter of its total sales volume in 2022. More specifically, 2022 electrified vehicles sales of 448,854 represented 24.3% of the company’s total sales volume.
“In 2022, we further solidified our leadership position in electrified vehicles, and through our 20 electrified options, we’re giving customers a choice that fits their lifestyle and needs,” said Jack Hollis, executive vice president, sales, TMNA. “Thanks to our manufacturing team and outstanding dealers, we are focused on delivering world-class service and products to customers, and preparing to introduce nearly two dozen all-new, refreshed or special edition vehicles in 2023, including sedans and even more electrified options.”
Earlier this year, Toyota announced an additional $2.5 billion investment, for a total of $3.8 billion, at the company’s North Carolina manufacturing plant to produce batteries for hybrids and electric vehicles. It’s expected to start production in 2025 and provide 2,100 new jobs, Toyota says.