While final US EV sales for 2020 are not yet available (there is no official source as in many European countries), Iām estimating that the EV sales share of new vehicles reached 2.35%. My forecast from a few months ago of 345,285 would be an 8% YOY increase an especially impressive during a pandemic year when overall new vehicle sales only reached an estimated 14,665,787.
Toyota US Electrified Vehicle Sales Declined 9.2% YoY
Toyota’s US sales of electrified vehicles declined 9.2% in Q1 2023 versus Q1 2022. With a decline of 12%, sales of Toyota and Lexus hybrids had the largest decline among the companies electrified powertrains.