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

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US: Toyota Plug-In Car Sales Decreased By A Third In 2022
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US: Toyota Plug-In Car Sales Decreased By A Third In 2022 via insideevs.com

It seems that it was a very challenging time for the Japanese manufacturer. Despite having 20 electrified vehicles on the market , the company noted a decrease in sales of xEVs.Total xEV: 125,659 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.Toyota plug-ins: 9,821 at 2.1% share*FCEVs: 657 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 , which was also 1.7 percent of the total volume.

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