Despite hybrids reaching a record 40% share in 2024, Toyota’s EV sales lagged the industry. Last year, Toyota, including Lexus, sold just 139,892 pure EV models, accounting for just 1.4% of sales.
It’s a valid point, albeit one that doesn’t sit will with EV purists. Yet Toyota’s reason for pushing hybrids over pure electric models may be less about the dirty power generators that ...
BYD introduced its first electric vehicle (EV) in Japan in early 2023, the Atto 3. Starting at around $30,000, this SUV competes with popular domestic cars like the Toyota RAV4 and Honda CR-V.
Toyota's electrified vehicle sales accounted for 45% of its total volume in 2024, with EV sales soaring 56% year-over-year. The all-electric Lexus RZ and Toyota bZ4X models nearly doubled their ...
But the times, they are a-changin'. Electrified vehicles accounted for 45% of Toyota's total sales volume in 2024. Its car sales rose 4.2% last year but EV sales soared 56% higher. Long story ...
Toyota Motor Chairman Akio Toyoda met Thai Prime Minister Paetongtarn Shinawatra last month in Bangkok to discuss ways to lift Thailand's auto industry as a whole, from parts suppliers to automakers.
We recently compiled a list of the 5 Best EV Stocks for 2025. In this article, we are going to take a look at where Toyota Motor Corporation (NYSE:TM) stands against the other EV stocks.