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Reading: US: Toyota plug-in car sales down by a third in 2022
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EV-a2z > News > US: Toyota plug-in car sales down by a third in 2022
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US: Toyota plug-in car sales down by a third in 2022

EV-a2zm
Last updated: 2023/03/14 at 5:52 PM
EV-a2zm Published January 9, 2023 5 Min Read
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ISTANBUL - MAY Special brand logo with blue background used by Toyota in Hybrid models. May, 2017 Istanbul. Japan-based Japanese car brand
ISTANBUL - MAY Special brand logo with blue background used by Toyota in Hybrid models. May, 2017 Istanbul. Japan-based Japanese car brand
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Japanese automaker Toyota sold 536,744 vehicles in Q4 2022 from its Toyota and Lexus brands in the United States, according to InsideEVs. Notably, that number represents a 13% growth from the same period in 2021.

Contents
Q4 resultsElectrified vehicles xEV: HEV, PHEV, BEV, FCEVPlug-ins resultsToyota and Lexus plug-in electric car sales in the US 2022 results:Electrified vehicles xEV (HEV, PHEV, BEV, FCEV):Plug-ins results :ModelsQ4 results2022 results

However, Toyota Motor North America’s overall 2022 sales indicated a year-on-year decline of 14%.

Q4 results

BrandSalesGrowth/Decline
Toyota476,652up 17%
Lexus60,092down 8%
Total536,744up 13%

Electrified vehicles xEV: HEV, PHEV, BEV, FCEV

2022 had been a difficult year for Toyota and other automakers as well. As per the report, the Japanese automaker’s xEV sales declined despite launching 20 electric vehicles on the market. It includes HEV, PHEV, BEV, and FCEV models.

xEVSalesGrowth/Decline
Toyota xEV110,6099%
Lexus xEV15,05020%
Total xEV125,6596%

Plug-ins results

Sales of plug-in electric vehicles slightly rose in Q4 by 1.5% YoY to 10,546 units. It is important to note that this growth rate is quite low as the market is rapidly developing.

Notably, 988 electric cars and 9,558 hybrid plug-in vehicles are included in the total (down 8 percent).

Plug-insSalesGrowth/DeclineVolume Share
Toyota9,821down 5%2.1%
Lexus725up from 18 a year ago1.2%
Total10,546up 1.5%2.0%
*FCEVs657up 82%–

Toyota and Lexus plug-in electric car sales in the US

Toyota’s entire 2022 results reported a more significant decline than its Q4 sales.

For reference, Toyota had 35,151 plug-in electric car sales last year. That number represents a YoY decline of 33% and 1.7% of its entire sales volume.

2022 results:

BrandSalesGrowth/Decline
Toyota1,849,754down 9%
Lexus258,704down 15%
Total2,108,458down 10%

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

xEVSalesGrowth/Decline
Toyota xEV448,854down 15%
Lexus xEV55,162up 0.4%
Total xEV504,016down 14% & 23.9% of the overall volume

Plug-ins results :

Plug-insSalesGrowth/DeclineShare
Toyota31,644down 40%1.7%
Lexus3,507up from 18 a year ago1.4%
Total35,151down 33%1.7%
*FCEVs2,094down 20%–

Nonetheless, the Japanese automaker still has room for progress in the coming years as it plans to launch more PEV models.

GMやFordが急伸するなかトヨタも1.5%の増加、セグメント全体に対して弱い成長率との指摘。

通年では33%と大幅な減少を示しており、bZ4XやNX 450h+の出荷開始により23年以降の増加が期待されています🧐

US: Toyota Plug-In Car Sales Decreased By A Third In 2022 https://t.co/XwalNcAXw5 pic.twitter.com/ESlbixZM0h

— 🌸八重 さくら🌸 (@yaesakura2019) January 8, 2023

Models

The Toyota RAV4 Prime PHEV was once again the most popular plug-in model of the automaker in Q4. However, its sales saw a YoY drop of 43%.

Meanwhile, the Toyota bZ4X returned as the automaker fixed the heel hub bolts safety concerns. It sold about 1,000 units in the 4th quarter. Likewise, the Toyota Prius Prime also made a noticeable comeback after seeing five poor quarters.

Q4 results

ModelSalesGrowth/Decline
Toyota bZ4X988 (new)–
Toyota Prius Prime4,388up 67%
Toyota RAV4 Prime4,445down 43%
Lexus NX 450h+725up from 18 a year ago

Meanwhile, the FCEV Toyota Mirai grew 82% to 657 units.

そういえば
今日会社にタイヤ取りに行ったら
近所のコインパに此奴がいたわ。#bz4x#TOYOTA pic.twitter.com/IEYLQSMQjW

— kenji@Dangan (@R90T_SP) January 8, 2023

2022 results

ModelSalesGrowth/Decline
Toyota bZ4X1,220 (new)–
Toyota Prius Prime11,857down 53%
Toyota RAV4 Prime18,567down 33%
Lexus NX 450h+3,507up from 18 a year ago

Notably, the automaker sold 2,094 hydrogen Toyota Mirai models throughout the year, a 20% decrease from the previous year.

Generally speaking, 2022 was a challenging year for Toyota, even after the debut of the all-electric Toyota bZ4X and the ramp-up of the Lexus NX 450h+ plug-in hybrid.

The 2023 Toyota Prius Prime plug-in hybrid sheds its prior ugly-duckling design and becomes a proverbial swan. Lower, wider, and longer than before, the latest Prius Prime almost looks, dare we say, sporty. #toyota #priusprime pic.twitter.com/mz4ikcr5hl

— Silverstone Leasing (@silverstonefm) January 7, 2023

Toyota electrified car sales in the US in 2022:

US: Toyota Plug-In Car Sales Decreased By A Third In 2022
Source: https://t.co/Sn3wf5j8VE pic.twitter.com/KXXBh7lX1R

— EV Revolution (@EVRevolution_) January 9, 2023

It is well known that Toyota has slowed down in terms of EV uptake. Therefore, it is no surprise that the company’s growth in the PEV sector is likewise sluggish. It might need to change its approaches and strategies to attract more customers and deliver better results.

2 Reasons the Toyota RAV4 Prime Is the Ultimate RAV4. https://t.co/hFrZW3Fzou pic.twitter.com/po4pGDP9B5

— Marion Toyota (@mariontoyota) January 7, 2023

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TAGGED: Electric Vehicle, EV, Lexus, Lexus NX 450h+, Toyota, Toyota bZ4X, Toyota Prius Prime, Toyota RAV4 Prime, USA
EV-a2zm March 14, 2023 March 14, 2023
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