Electric News Hubb
Advertisement
  • Home
  • Electric Equipments
  • Electric Vehicle
  • Contact us
No Result
View All Result
  • Home
  • Electric Equipments
  • Electric Vehicle
  • Contact us
No Result
View All Result
Electric News Hubb
No Result
View All Result
Home Electric Vehicle

Toyota Plug-In Car Sales Decreased By A Third In 2022

admin by admin
January 8, 2023
in Electric Vehicle


Toyota Motor North America (Toyota and Lexus brands) reports sales of 536,744 vehicles in the United States during the fourth quarter of 2022, which is 13 percent more than a year ago. However, the 2022 result is nearly 14 percent lower than in 2021.

Q4 results:

  • Toyota: 476,652 (up 17%)
  • Lexus: 60,092 (down 8%)
  • Total: 536,744 (up 13%)

It seems that it was a very challenging time for the Japanese manufacturer. Despite having 20 electrified vehicles on the market (HEV, PHEV, BEV, FCEV), the company noted a decrease in sales of xEVs.

Electrified vehicles xEV (HEV, PHEV, BEV, FCEV):

  • Toyota xEV: 110,609 (down 9%)
  • Lexus xEV: 15,050 (up 20%)
  • Total xEV: 125,659 (down 6%) and 23.4% of the total volume

Plug-in electric car sales increased in Q4, but only by 1.5 percent year-over-year, to 10,546, which is a pretty weak rate of growth, considering how quickly the segment is expanding.

The number includes 988 all-electric cars and 9,558 plug-in hybrids (down 8 percent).

Plug-ins:

  • Toyota plug-ins: 9,821 (down 5%) at 2.1% share
  • Lexus plug-ins: 725 (up from 18 a year ago) at 1.2% share
  • Total plug-ins: 10,546 (up 1.5%) and 2.0% of the total volume
    *FCEVs: 657 (up 82%)

A quarter might be weak, but in the case of Toyota, the problem is broader, because the results were weak for the entire year. The total car sales, xEV sales, plug-in car sales and even hydrogen car sales – everything was down in 2022 compared to 2021.

Last year, the company sold 35,151 plug-in electric cars (down 33 percent year-over-year), which was also 1.7 percent of the total volume.

2022 results:

  • Toyota: 1,849,754 (down 9%)
  • Lexus: 258,704 (down 15%)
  • Total: 2,108,458 (down 10%)

Electrified vehicles xEV (HEV, PHEV, BEV, FCEV):

  • Toyota xEV: 448,854 (down 15%)
  • Lexus xEV: 55,162 (up 0.4%)
  • Total xEV: 504,016 (down 14%) and 23.9% of the total volume

Unfortunately, plug-in electric car sales are not only down, but the rate of decline is much higher. It’s really disappointing.

  • Toyota plug-ins: 31,644 (down 40%) at 1.7% share
  • Lexus plug-ins: 3,507 (up from 18 a year ago) at 1.4% share
  • Total plug-ins: 35,151 (down 33%) and 1.7% of the total volume
    *FCEVs: 2,094 (down 20%)
external_image

Toyota’s results are expected to improve, especially since there will be more and more plug-in electric models, but the year 2022 was a lost:

external_image

Models

The top-selling plug-in Toyota in Q4 once again was the Toyota RAV4 Prime plug-in hybrid, although it noted a significant 43% decrease year-over-year.

The good news is that the Toyota bZ4X is back with nearly a thousand units sold in Q4, as the company solved the safety issues related to wheel hub bolts. Also, the Toyota Prius Prime rebounded noticeably after five negative quarters.

Q4 results:

The hydrogen Toyota Mirai noted 657 units (up 82%).

2017 Toyota Prius Prime: First Drive

Toyota Prius Prime

2021 Toyota RAV4 Prime

2021 Toyota RAV4 Prime

Overall, despite the launch of the all-electric Toyota bZ4X and the ramp-up of the Lexus NX 450h+ plug-in hybrid, it was a difficult year for Toyota.

2022 results:

  • Toyota bZ4X: 1,220 (new)
  • Toyota Prius Prime: 11,857 (down 53%)
  • Toyota RAV4 Prime: 18,567 (down 33%)
  • Lexus NX 450h+: 3,507 (up from 18 a year ago)

During the year, the company sold 2,094 hydrogen Toyota Mirai (down 20% year-over-year).

Toyota electrified car sales in the US in 2022:

external_image



Source link

Previous Post

Argonne National Lab Issues Lithium-Sulfur Battery Research Update

Next Post

Maxwell, NASA’s e-Plane, is Running out of Runway

Next Post

Maxwell, NASA’s e-Plane, is Running out of Runway

Recommended

Adding Up The Benefits Of Geothermal

March 21, 2023

Philippi-Hagenbuch to showcase Rear Eject Bodies at CONEXPO-CON/AGG

January 14, 2023

Don't miss it

Electric Vehicle

UCS Releases Online “Danger Season” Map

May 29, 2023
Electric Vehicle

Tesla releases stealth update with new features

May 29, 2023
Electric Vehicle

Tesla Model 3 Update Likely Coming Soon As Giga Shanghai Production Stalls

May 29, 2023
Electric Vehicle

Tesla’s 3 Master Plans — What It Has Achieved & What It Hasn’t

May 28, 2023
Electric Equipments

Concrete Zero action plan sets emissions reduction goals

May 28, 2023
Electric Vehicle

BLUETTI Introduces Veterans and Military Discounts for Memorial Day

May 28, 2023

© Electric News Hubb All rights reserved.

Use of these names, logos, and brands does not imply endorsement unless specified. By using this site, you agree to the Privacy Policy and Terms & Conditions.

Navigate Site

  • Home
  • Electric Equipments
  • Electric Vehicle
  • Contact us

Newsletter Sign Up

No Result
View All Result
  • Home
  • Electric Equipments
  • Electric Vehicle
  • Contact us

© 2022 Electric News Hubb All rights reserved.