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When will Toyota's electric cars arrive? Of the 11 million cars sold in 2023, not even 1% of the total was electric sales

Written by Bruno Teles
Published 05/04/2024 às 13:38
When will Toyota's electric cars arrive? Of the 11 million cars sold in 2023, not even 1% of the total was electric sales
Photo: Disclosure/DALL-e

Toyota accelerates in the electric car market with 325,2% growth in sales, despite representing only 0,93% of the total, signaling strong demand and imminent expansion with the Bz Beyond Zero line. In this scenario, Volkswagen sold more electric vehicles, with almost 9% of its total.

Toyota, leading for the fourth consecutive year as the largest global automaker, recorded impressive sales of 11.233.039 vehicle units. Interestingly, only 0,93% of this total was made up of electric cars. Despite the apparent small fraction, Toyota's electric vehicle sales volume jumped to 104.018 units, a remarkable growth of 325,2%. This increase signals a growing market demand by Toyota electric cars.

In comparison, Volkswagen, second in global sales, saw a significant increase in its electric range, from 1,4% to 8,3%, selling around 700.000 units and demonstrating the growing appetite for electric cars.

Toyota CEO says the brand will soon have 30% electric cars in its portfolio

Contrary to speculation, Akio Toyoda, president of Toyota, announced ambitious plans, aiming for electric cars to represent 30% of the brand's portfolio. Despite emphasizing the permanence of combustion engines, Toyoda also highlights the importance of electric, hybrid and fuel cells.

In 2023, Toyota was notable for selling 104.018 electric units, 3.420.004 hybrids, 26.859 mild hybrids and 124.755 plug-in hybrids, in addition to 3.921 fuel cell vehicles. Toyota's promise is to expand its electric line in 2024 with the Bz Beyond Zero series, focused on 100% electric vehicles, highlighting models such as the bz3 and bz4, already available on the Asian market.

When will Toyota's electric cars arrive in Brazil?

In Brazil, expectations for the arrival of electric vehicles from Toyota are high, highlighting the need for electric options in the national market. The Blade technology used in the batteries of Toyota's electric cars, already tested in high-mileage vans in Brazil, demonstrates the durability and efficiency that could benefit the national electric market.

Thus, Toyota not only continues to dominate global vehicle sales but also positions itself as a significant force in the emerging electric car market, with promises of expansion and innovation across its portfolio.

What about the Toyota bz4x?

The Toyota bz4x represents a historic milestone in Toyota's electrification journey, which began in 1997 with the Prius. It took Toyota 25 years to launch its first 100% electric vehicle, the bz4x, signaling a firm commitment to sustainability and technological innovation. This launch is not just about adding an electric car to Toyota's portfolio, but also about intentionally delaying entering the market in a profitable and strategic way.

The bz4x stands out for its modern design and advanced technologies. It offers a pure electric driving experience with a choice of a 150 kW (204 hp) motor or a more powerful configuration with two motors, totaling 218 hp. Toyota designed this vehicle with a focus on efficiency and performance, promising an innovative driving experience.

Equipped with a 71,4 kWh battery, the bz4x can be charged quickly and offers a respectable range that varies between 411 and 470 km, depending on configuration. This capability makes the bz4x a viable option for long journeys and daily use, reinforcing Toyota's position in the electric vehicle market.

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Bruno Teles

I talk about technology, innovation, oil and gas. I update daily about opportunities in the Brazilian market. With more than 2.300 articles published in CPG. Agenda suggestion? Send it to brunotelesredator@gmail.com

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