Beatrice Lang
Toyota Motor Corporation has been selling electrified vehicles (EVs) for years and is an early pioneer in electrification. In 2021, the company sold over 52,000 plug-in cars in the US, with cumulative sales of more than 190,000 plug-in electric cars. Toyota's electrified vehicle sales in the US in 2021 were around 583,697, and nearly 200,000 electric cars were sold globally. In 2023, Toyota's global EV sales reached approximately 2.68 million units, a 35% increase year-on-year, with Asia (excluding Japan) accounting for about 923,000 units.
| Characteristics | Values |
|---|---|
| Number of electric vehicles sold in the US in 2021 | 52,000 |
| Number of electrified vehicles sold worldwide in 2021 | 583,697 |
| Number of electric vehicles sold in 2021 | 190,000+ |
| Number of electric vehicles sold in 2022 | 200,000+ |
| Number of electrified vehicles sold worldwide in 2023 | 2.68 million |
| Number of electrified vehicles sold in Asia in 2023 | 923,000 |
| Number of electrified vehicles sold worldwide in 2023 | 3.68 million |
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What You'll Learn
- Toyota sold nearly 200,000 electric cars in 2021
- In 2023, Toyota sold 3.68 million electrified vehicles worldwide
- Asia, excluding Japan, was the top region for Toyota EV sales in 2023
- Toyota's US sales in 2021 included over 52,000 plug-in cars
- Toyota's first fully electric car, the bZ4X, was released in 2022
Toyota sold nearly 200,000 electric cars in 2021
In 2021, Toyota sold nearly 200,000 electric cars. This was an impressive feat, bringing the company close to the 200,000 federal tax credits mark. The two top-selling hybrid plug-ins, the Toyota Prius Prime and the Toyota RAV4 Prime, were key contributors to this success. The RAV4 Prime, in particular, had a strong fourth quarter with 7,741 units sold, bringing its total sales for the year to 27,703 units.
While Toyota's electrified vehicle sales in the US in 2021 were impressive, their global performance was even more remarkable. The company sold approximately 600,000 electrified vehicles worldwide, with Asia, including China, being their largest market. This made Toyota the leader in electrified vehicle sales globally, outperforming all other competitors.
Toyota's success in the electrified vehicle market continued into 2023, when they sold approximately 3.68 million electrified vehicles worldwide, a 35% increase from the previous year. However, it is worth noting that electric vehicles made up only about 0.92% of their total sales that year. This is because the majority of their sales still come from cars with internal combustion engines.
Looking forward, Toyota plans to expand its electric vehicle offerings. In 2022, they released their first fully electric car, the Toyota bZ4X. Despite this expansion, the company estimates that battery-powered electric vehicles will remain a minority in their sales, predicting that they will account for only 30% of their total sales.
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In 2023, Toyota sold 3.68 million electrified vehicles worldwide
In 2023, Toyota Motor Corporation sold approximately 3.68 million electrified vehicles worldwide, according to Statista. This number represents a 35% increase from the previous year, when Toyota sold around 2.73 million electrified vehicles globally.
Asia, including China but excluding Japan, was the top market for Toyota's electrified vehicles in 2023, with approximately 923,000 units sold in the region. This strong performance in Asia contributed to Toyota's overall success in electrified vehicle sales that year.
Toyota's electrified vehicle sales have been consistently impressive, with the company delivering more than 52,000 plug-in cars in the United States in 2021. That same year, the company sold a total of 2,332,262 vehicles in the US, with the Electrified Powered Vehicle (EPV) category accounting for 583,697 sales.
Toyota's early commitment to electrification has positioned it as a pioneer in the industry. The company's top two hybrid plug-ins achieved sales of over 190,000 units in 2021, and the following year, Toyota expanded its electrified fleet with the introduction of its first fully electric car, the bZ4X.
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Asia, excluding Japan, was the top region for Toyota EV sales in 2023
In 2023, the Toyota Motor Corporation sold approximately 3.68 million electrified vehicles (EVs) worldwide, an increase of 35% from the previous year. Asia, excluding Japan, was the top region for Toyota EV sales that year, with around 923,000 electrified vehicles sold. This success in Asia, particularly in markets like China, demonstrates Toyota's strong performance and competitiveness in the region.
Toyota's global sales figures for electrified vehicles have been consistently impressive, with a steady year-on-year growth rate. In 2021, the company sold a total of 600,000 electrified vehicles, with over 52,000 of those being plug-in cars in the United States. This placed Toyota as the top seller in the Electrified Powered Vehicle (EPV) category for the 22nd consecutive year.
Toyota's early commitment to electrification has been a key factor in its success. The company has been an industry pioneer, paving the way for many other electric car manufacturers, including well-known brands like Tesla. By 2022, Toyota had already expanded its electrified fleet with the introduction of its first fully electric car, the Toyota bZ4X.
The sales performance of Toyota's electrified vehicles in Asia, excluding Japan, highlights the region's growing demand for sustainable transportation options. With a focus on China and other key markets in the region, Toyota has been able to capitalize on this demand and establish itself as a leading provider of electrified vehicles in Asia.
Toyota's success in Asia, excluding Japan, can be attributed to several factors, including the company's ability to adapt its offerings to meet the specific needs and preferences of local consumers. Additionally, the region's strong economic growth and increasing focus on environmental sustainability have likely contributed to the high sales figures for Toyota's electrified vehicles.
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Toyota's US sales in 2021 included over 52,000 plug-in cars
Toyota Motor North America reported 2,332,262 vehicle sales in the US in 2021, a 10.4% increase year-over-year. This included over 52,000 plug-in cars, with the Toyota Prius Prime and Toyota RAV4 Prime being the two plug-in hybrid models offered by the company that year. Cumulatively, Toyota delivered more than 190,000 plug-in electric cars, with some sources estimating the number to be nearly 200,000. This is excellent news for the automaker, as it means that they will soon reach 200,000 in sales, which will allow them to claim federal tax credits.
In 2021, the Electrified Powered Vehicle (EPV) category noted a new record of 583,697 vehicles, a 73.2% increase from the previous year. This accounted for 25% of the total volume of the Japanese group. Toyota has been the leader in the EPV category for 22 consecutive years and is proud of this achievement.
In 2022, Toyota added to its electrified fleet by releasing its first fully electric car, the Toyota bZ4X. As an early pioneer in electrification, the company has helped pave the way for many electric car companies like Tesla. In 2023, Toyota Motor Corporation sold approximately 3.68 million electrified vehicles (EVs) worldwide, a 35% increase from the previous year. Asia, including China, was the region with the most unit sales, accumulating around 923,000 electrified Toyota vehicles sold.
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Toyota's first fully electric car, the bZ4X, was released in 2022
Toyota has been an early pioneer in electrification, paving the way for many electric car companies like Tesla. In 2021, the company sold over 52,000 plug-in cars in the US, with a total of 2,332,262 vehicle sales, including hybrid plug-ins. Cumulatively, Toyota delivered more than 190,000 plug-in electric cars, with nearly 200,000 electric cars sold in 2021.
The bZ4X also offers a range of convenient features, such as a 12.3-inch touchscreen display, a radiant foot-and-leg heater, and slim-profile quad LED headlights. Charging the bZ4X is easy, with over 76,000 public charging stations available and multiple home-charging options. Level 2 charging, for example, can be done at some public stations or at home with the bZ4X's portable dual-voltage charging cable, providing up to 25 miles of driving range for every hour of charging under ideal conditions.
Toyota's global EV sales have been increasing year over year, with approximately 2.68 million units sold in 2023, a 35% increase from the previous year.
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Frequently asked questions
Toyota sold approximately 3.68 million electrified vehicles worldwide in 2023.
In 2023, Toyota sold approximately 923,000 electrified vehicles in Asia (including China but excluding Japan).
In 2021, Toyota sold more than 52,000 plug-in cars in the US. Cumulatively, Toyota delivered more than 190,000 plug-in electric cars.
In 2022, Toyota sold nearly 200,000 electric cars.
In 2021, Toyota offered two plug-in hybrids: the Toyota Prius Prime and the Toyota RAV4 Prime. In December of that year, Lexus (owned by Toyota) launched the Lexus NX 450h+.
