Toyota reports electrified vehicles were nearly a third of total sales volume in 2023

Toyota reports electrified vehicles were nearly a third of total sales volume in 2023

Fourth quarter electrified vehicle sales were up 60.9% on a volume basis, Toyota says.

Toyota Motor North America (TMNA) reported 26 total electrified vehicles are currently available in dealerships between both the Toyota and Lexus brands in 2023, the most among any automaker, according to the company. The company also reported that 2023 electrified vehicle sales, 657,327, represented 29.2% of total sales volume last year; meanwhile, fourth quarter electrified vehicle sales were up 60.9% on a volume basis. Jack Hollis, executive vice president of sales, TMNA, said that Toyota’s multi-pathway approach to electrification accelerated in 2023, leading to electrification highlights for the company.

According to TMNA, other electric sales highlights for 2023 included:

TMNA:

  • Since 2021, TMNA has announced new investments of nearly $16 billion into its U.S. manufacturing operations to support electrification efforts to meet customer demand.

Toyota Division:

  • 2023 electrified vehicles sales of 565,800 represent 29.3% of total sales volume;
  • December electrified vehicle sales were up 59.4% on a volume basis;
  • Fourth quarter electrified vehicle sales were up 56.4% on a volume basis.

Lexus Division:

  • 2023 electrified vehicles sales of 91,527 represent 28.6% of total sales volume;
  • December electrified vehicle sales up 97.0% on a volume basis;
  • Fourth quarter electrified vehicle sales up 94.1% on a volume basis;
  • All-time best-ever year for total electrified vehicle sales.

You May Also Like

Gogoro partners with Copec on battery swapping

With Gogoro, Copec is developing a Latin American network of battery-swapping stations that it’s launching at Copec service stations.

Gogoro-Copec-partnership

Gogoro is partnering with Latin American energy company, Copec, to launch its battery swapping and smart scooters in Chile and Colombia in Q2 2024.

“Our partnership with Copec, a major Latin American energy company, is an important milestone in our mission to transform urban transportation around the world," Horace Luke, founder and CEO of Gogoro, said. "Together we will provide an accessible path for both consumer and delivery riders to adopt sustainable urban mobility and play a key role in battling climate change and making the world better for all."

Canoo expands EV fleet with Zeeba

The announcement is part of an existing agreement with Zeeba that awarded a total of 5,450 electric vehicles.

zeeba-canoo
Denso works to improve the range of EVs in extreme temps

The collaboration with Betterfrost aims to develop a low-energy defrost and defog system for electric vehicles.

EV charging stations
Cold weather range loss and EVs: Separating fact from fiction

EVs are frequently criticized during colder months for the range loss they experience, but is this criticism valid?

EV-Cold-Weather-Range-1400
Carrier Transicold launches all-electric refrigeration unit

Carrier Transicold said the unit provides nearly 40% more cooling capacity with greater efficiency than the unit it succeeds.

Carrier-Transicold_Neos-200e_Electric-Van

Other Posts

Recycled Rubber Coalition white paper examines EV impact on scrapped tires

The Coalition estimates there will be a 12% increase in the number of scrap tires that will be produced as drivers transition to EVs.

Recycled-Rubber-Coalition
Chrysler Halcyon Concept is the company’s latest take on an autonomous EV

The company will launch its first battery-electric vehicle in 2025 and will feature an all-electric portfolio in 2028.

Chrysler-concept
Allison Transmission selected as e-axle supplier by Oshkosh Corp.

The Allison eGen Power 100S was integrated into the McNeilus Volterra ZSL electric refuse vehicle, designed for the waste management industry.

E-Axle-allison-transmission-1400
Lightning eMotors enters an agreement to sell assets

The asset sale will allow the company to sell off its technologies and products to a new owner rather than go through liquidation or bankruptcy proceedings.

Lightning-eMotors-GoBolt-EV-1400