Although Toyota held its title as the top-selling automaker, the industry is shifting beneath it. Toyota sold over 100,000 EVs in 2023, but that’s still less than 1% of the record 11.2 million vehicles handed over last year.
Toyota sold 104,018 EVs in 2023: Is it enough?
The automaker announced its 2023 global sales results Tuesday, showing over 11.2 million vehicles were handed over last year.
Between the Toyota and Lexus brands alone, a record 10.3 million vehicles were sold in 2023.
Toyota’s global EV sales reached 104,018 in 2023, up 325% from 2022. Despite the triple-digit growth, Toyota only sold 24,000 EVs globally in 2022. That said, all-electric models only accounted for 0.93% of its total 11.2 million vehicles handed over last year.
Meanwhile, Toyota’s hybrid and ICE sales continue to dominate the greatest share. Toyota sold over 3.4 million hybrids (+31% YOY) and 26,859 MHEVs (+494%) last year.
The automaker also sold 3,921 FCEVs, down 0.1% from 2022. Altogether, Toyota’s “electrified” sales amounted to nearly 3.7 million. That’s almost a third of the vehicles Toyota handed over last year. This means the other two-thirds were gas-powered.
2024 Toyota bZ4X XLE FWD (Source: Toyota)
Rival Volkswagen sold 394,000 EVs last year, accounting for 8% of its total sales. Although this is still relatively low, it shows how far behind Toyota is falling as the market transitions to electric.
Toyota has bigger issues as chairman Akio Toyoda apologized for recent scandals brought to light at its affiliates.
Akio Toyoda presents new EV concepts in 2021 (Source: Toyota)
He said: “I would like to express my deepest apologies to our customers and stakeholders for the inconvenience and concern caused by the successive irregularities at Hino Motors, Daihatsu, and Toyota Industries.”
Toyoda revealed a new vision as the company looks to earn the trust of customers and investors.
Electrek’s Take
Although Toyota remained the top-selling automaker this year, you can see the thin ice starting to melt beneath it.
With EVs accounting for less than 1% of total sales last year, Toyota is far behind the competition, with most already hitting double-digit or 100% EV sales by now.
Despite the record performance in 2023, Toyota’s lack of all-electric options will likely take its toll in major markets like North America, Europe, and China going forward.
During a lecture last week, Toyoda said he believes EVs will never surpass 30% market share “no matter how much progress BEVs make.” The remaining 70% will be HEVs, FCEVs, and gas-powered. Toyota insisted, “And I think engine cars will definitely remain.”
Meanwhile, several markets, including Norway (82.4% EV share), Sweden (32%), The Netherlands (24%), and China (24%), are already well above or about to reach the mark.
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The storm hit. The power’s out. With all the damage around you, it looks like you might be without power for a few days (at least). But you planned for this. You have a home backup battery. What happens now?
If you’re considering a home backup battery, or you already have one and haven’t needed it yet, you might be wondering what you’re supposed to do when the inevitable happens. The good news is: you probably won’t have to do much at all.
Modern home batteries are paired with an automatic transfer switch. That’s a switch, usually installed near your home’s electrical panel, that allows you to go from grid power, to battery, and back. And, because it’s automatic, you don’t have to do anything at all.
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The instant the grid goes down, the automatic transfer switch recognizes the loss of power and automagically disconnects your house from the grid, seamlessly connecting it to your backup battery instead. Your lights stay on, the refrigerator keeps humming, and whatever else you’ve chosen to back up just keeps on keeping on. In some cases, the transition to battery power happens so smoothly that you might not even realize the neighborhood’s lost power, not noticing the neighbors’ dark windows until you step outside.
When the power comes back, that side of the switch gets energized, and it does its thing again, only in reverse – switching you back from battery to grid power and intelligently re-charging the battery in anticipation for the next blackout.
How long will my battery last?
13.5 kWh Powerwall battery; via Tesla.
Unfortunately, this is one of those questions that doesn’t have an easy answer. In the simplest terms, if you have a small battery and try to keep the AC running, you might run out of juice in a few hours. On the other hand, if you have great big battery and save its electrons for just the barest essentials (a few lights, a laptop, and a phone or radio, for example) you might never run out of power.
To put some numbers to that, a 31 cu. ft. Samsung RF32CG5400SRAA stainless steel refrigerator is rated at 785 kWh/year. That works out to about 2.15 kWh/day. Factor in 20-40% higher energy needs for warmer temperatures, a few daily door openings, defrost cycles, inverter losses, etc. and you’re looking at 18-22 kWh of usable battery capacity to keep that thing running for a full week on battery power. Now do that same math for every appliance you deem a “must have,” then do the “nice to haves,” and on down the line.
What you need to do, in other words, is talk to the experts. Let them know what appliances you need to keep running, how long you want to prepare for, and let them do the math to help determine which battery solution is right for you.
I’ve included a video that covers the process of picking a solar battery from EnergySage (a trusted affiliate partner), below, and invite you to share some of your own backup battery-picking experiences in the comments.
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Just days after Chevrolet beat the mighty Ford Mustang GTD’s Nürburgring track record with their Corvette ZR1 and ZR1X, Ford went back to the ‘Ring to reclaim some glory. They didn’t bring a Mustang along, though – they showed up with an electric van, and record-setting hot shoe Romain Dumas behind the wheel.
* it’s not your typical van. It’s a SuperVan.
Ford took back a fair bit of Chevy’s headline-grabbing glory this week when LeMans-winning driver Romain Dumas lapped the 12.9 mile Green Hell in just 6 minutes and 48.393 seconds – a blazing performance that makes the 2000 hp Ford SuperVan 4.2 the ninth fastest car to ever blast around the storied German racetrack.
Dumas is no stranger to the Nürburgring’s Nordschleife. He was first overall at the 2007 24 hour race there. He also holds the outright Nürburgring track record for EVs, which he set back in 2019 behind the wheel of the Volkswagen ID.R, completing the circuit in 6 minutes and 05.336 driving the Volkswagen ID.R.
Take my advice, GM: it’s time to drag Warren Mosler back home from the Virgin Islands, figure out where Rod Trenne’s hiding, and get them to build you a proper, 900 kg electric ‘Vette. Y’all let me know if you need help setting that up.
If you’re considering going solar, it’s always a good idea to get quotes from a few installers. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. It has hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use, and you won’t get sales calls until you select an installer and share your phone number with them.
Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.
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EV drivers who use the Pennsylvania Turnpike just got a jolt of good news: Two Applegreen DC fast charging stations have come online, adding to the growing network of over 60 EV chargers along the 360-mile toll road that links Pittsburgh, Harrisburg, and Philadelphia.
The new 400 kW Applegreen Electric charging stations are at the PA Turnpike’s North Somerset (MP 112.3 westbound) and South Somerset (MP 112.3 eastbound) Service Plazas. Each site includes two DC fast chargers for a total of four charging ports, with two NACS and two CCS plugs at each service plaza. The PA Turnpike says the sites are equipped to be expanded.
The Pennsylvania Turnpike plugged in its first EV charger in April 2014. A decade later, more than 60 charging stations are online at eight of its service plazas, giving EV drivers a reliable boost across the state. And thanks to a new partnership with Applegreen Electric, 80 new universal EV chargers are on the way. By 2027, all 17 service plazas will feature DC fast chargers.
“We are pleased to offer our EV customers convenient access to the latest, fastest technology – without leaving the PA Turnpike,” said Director of Facilities Operations Keith Jack.
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The EV chargers at North Somerset and South Somerset, along with an EV charger at the Hickory Run Service Plaza scheduled to open this fall, were funded with grants from the Pennsylvania Department of Environmental Protection’s Driving PA Forward program. The chargers at nine service plazas scheduled to open in 2027 are being funded through grants from the Biden administration’s federal National Electric Vehicle Infrastructure (NEVI) program.
Applegreen Electric chief executive Eugene Moore noted that the PA Turnpike’s fast charger rollout “marks a key step in building a connected corridor with Pennsylvania as a vital part of the seamless network that now spans New Jersey, New York, Connecticut, and Delaware. With more to come soon in Ohio and Massachusetts, we’re accelerating the rollout of reliable, accessible EV infrastructure across the region.”
Applegreen is deploying fast chargers on the New Jersey Turnpike, with which it now has an exclusive agreement – it’s taking over from Tesla.
The 30% federal solar tax credit is ending this year. If you’ve ever considered going solar, now’s the time to act. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. It has hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use, and you won’t get sales calls until you select an installer and share your phone number with them.
Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.
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