Toyota Motor North America (Toyota and Lexus manufacturers) experiences that its automobile gross sales in the US throughout the fourth quarter of 2023 amounted to 619,661 items. That is a 15% enhance year-over-year. For the total yr, the corporate offered over 2.24 million automobiles (up 7% year-over-year).
Final yr, the Japanese producer considerably elevated its electrification efforts, increasing the lineup of electrified automobiles—xEVs (HEV, PHEV, BEV, FCEV)—to 26 fashions and elevated the gross sales quantity.
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Toyota regularly accelerates electrification
In 2023, Toyota (together with Lexus) offered over 54,000 plug-in electrical automobiles within the U.S., together with 14,715 all-electric and virtually 40,000 plug-in hybrids. It is a new report, though the corporate’s principal focus is non-rechargeable hybrids with over 600,000 gross sales.
In This autumn, the full xEV gross sales amounted to a report 202,185 automobiles (up 61% year-over-year) and 32.6% of the group’s whole quantity.
Electrified automobile xEV (HEV, PHEV, BEV, FCEV) gross sales in This autumn’2023:
Toyota xEV: 172,978 (up 56%) and 33% share Lexus xEV: 29,207 (up 94%) and 30.4% share Complete xEV: 202,185 (up 61%) and 32.6% share
In 2023, the full xEV quantity elevated by over 30% to 657,327, accounting for 29% of the gross sales.
In the meantime, rechargeable automotive gross sales—all-electric automotive gross sales, particularly—are rising even quicker (from a decrease base, although).
In This autumn 2023, the Toyota group offered 16,657 plug-in electrical automobiles (up 58% year-over-year), which represents 2.7% of the full quantity. It is price noting that all-electric automotive gross sales elevated by 459% to five,718 and are shortly catching up with the plug-in hybrids (10,939).
Plug-in automotive gross sales in This autumn’2023:
Toyota plug-ins: 11,664 (up 19%) and a couple of.2% shareBEVs: 2,843 (up 188%) and 0.5% sharePHEVs: 8,821 (down 0.1%) and 1.7% share Lexus plug-ins: 4,993 (up 589%) and 5.2% shareBEVs: 2,875 (new) and three% sharePHEVs: 2,118 (up 192%) and a couple of.2% share Complete plug-ins: 16,657 (up 58%) and a couple of.7% shareBEVs: 5,718 (up 479%) and 0.9% sharePHEVs: 10,939 (up 14%) and 1.8% share
* Toyota FCEVs: 133 (down 80%) and 0.0% share
In 2023, the group offered virtually 40,000 plug-in electrical automobiles within the U.S. (about 2.4% of its whole quantity). All-electric automotive gross sales amounted to 14,715, which is 1,103% greater than in 2022 and 0.7% of the full quantity.
Plug-in automotive gross sales in Q1-This autumn’2023:
Toyota plug-ins: 42,959 (up 36%) and a couple of.2% shareBEVs: 9,329 (up 663%) and 0.5% sharePHEVs: 33,630 (up 11%) and 1.7% share Lexus plug-ins: 11,307 (up 222%) and three.5% shareBEVs: 5,386 (new) and 1.7% sharePHEVs: 5,921 (up 69%) and 1.8% share Complete plug-ins: 54,266 (up 54%) and a couple of.4% shareBEVs: 14,715 (up 1103%) and 0.7% sharePHEVs: 39,551 (up 17%) and 1.8% share
* Toyota FCEVs: 2,737 (up 31%) and 0.1% share
For reference, in 2022, the group offered greater than 35,000 plug-in electrical automobiles (1.7% of its whole quantity), whereas in 2021, it was 52,767.
In 2023, Toyota (with the assistance of Lexus) managed to set a brand new report for plug-in electrical automotive gross sales. It is a results of surging all-electric automotive gross sales as a result of plug-in hybrid automotive gross sales are literally decrease than in 2021 (39,551 vs. 52,767).
We guess that within the coming years, all-electric automotive gross sales will proceed to develop, very seemingly outpacing the plug-in hybrid gross sales. On the identical time, the robust progress of the non-rechargeable hybrids signifies that the Japanese firm has no purpose to ditch HEVs.
Fashions
By way of fashions, the highest one in This autumn was the plug-in hybrid RAV4 Prime (7,222). The all-electric Toyota bZ4X with 2,843 items was in a position to beat the Toyota Prius Prime however completed third behind its cousin—the Lexus RZ (2,875).
The all-electric Toyota bZ4X, along with the Lexus RZ and 3,109 Subaru Solterras, famous 8,827 gross sales throughout the quarter. That is not dangerous, and the Lexus RZ lineup not too long ago expanded indicating that there’s potential for extra.
Lexus additionally launched the brand new RX PHEV mannequin, which began with 656 gross sales in This autumn.
Mannequin gross sales in This autumn’2023:
Toyota bZ4X: 2,843 (up 188%) Toyota Prius Prime: 1,599 (down 64%) Toyota RAV4 Prime: 7,222 (up 62%) Lexus NX 450h+: 1,462 (up 102%) Lexus RZ: 2,875 (new) Lexus RX PHEV: 656 (new)
* The hydrogen Toyota Mirai famous 133 items (down 80%).
In 2023, Toyota bZ4X gross sales amounted to 9,329 (2nd greatest plug-in after the RAV4 Prime, which accounts for almost half of the plug-in quantity), which along with 5,386 Lexus RZ, is 14,715 all-electric automobiles. Subaru offered a further 8,872 items, so the trio of carefully associated fashions ended the yr with a complete of 23,587 items.
It is price noting that the hydrogen Toyota Mirai set a brand new annual gross sales report of two,737 (up virtually 31% year-over-year).
Mannequin gross sales in Q1-This autumn’2023:
Toyota bZ4X: 9,329 (up 663%) Toyota Prius Prime: 7,557 (down 36%) Toyota RAV4 Prime: 26,073 (up 40%) Lexus NX 450h+: 5,265 (up 50%) Lexus RZ: 5,386 (new) Lexus RX PHEV: 656 (new)
* The hydrogen Toyota Mirai famous 2,737 items (up 31%).
Detailed gross sales outcomes of Toyota electrified automobiles within the U.S.: