Toyota was faulted strategically for not having enough pure electric (BEV) vehicles. Now the company is selling a record number of HEVs, as the WSJ reports. In the USA the growth of HEVs was faster than BEVs. “About 1.4 million hybrid and plug-in hybrid vehicles were sold in the U.S. last year, compared with 1.1 million EVs, according to data from car-shopping website Edmunds. Hybrid sales were up 63% from the previous year, while EV sales climbed 51%,” the WSJ writes.
The story also contains the bold prediction by the chairman of Toyota. “Speaking to business leaders in Japan this year, Toyota Chairman Akio Toyoda said he expected EVs in the future to reach at most a 30% market share, with the rest going to other types of cars including hybrids and hydrogen-powered vehicles.”
If this is the case, key rivals will bring start rolling out more HEV and hydrogen cars.
