Remove Affordable Remove PHEV Remove Prius Remove Toyota
article thumbnail

Here’s why Toyota is nixing Prime badge for PHEVs

Baua Electric

The automaker announced on Thursday that it will no longer use its “Prime” badge for PHEVs starting with the 2025 model year. According to Toyota, this is not an effort to realign the RAV4 Prime or its plug-in hybrids in general but to get them on the same ground with other PHEVs. With Prime gone, are Toyota PHEVs still premium?

PHEV 52
article thumbnail

Toyota will invest $14.3B in development of a battery supply system and research and development by 2030

Green Car Congress

In a livestreamed briefing on batteries and carbon neutrality, Toyota Chief Technology Officer Masahiko Maeda said that the company will invest ¥1.5 To the latter point, Maeda said that according to Toyota’s calculations, the CO 2 reduction effect of three HEVs is almost equal to that of one BEV. trillion (US$14.3 million units.

article thumbnail

Report: PHEVs will peak at 10% of global market in 2030

Baua Electric

EVs are still the future The sudden revival of plug-in hybrids is predicted to peak at 10% of the market Sales of PHEVs is predicted to call as battery prices drop and EVs become less expensive Plug-in hybrids are experiencing a sales resurgence , but they’re unlikely to surpass EVs in the long term, predicts Bloomberg New Energy Finance.

PHEV 52
article thumbnail

Toyota sales slide as aggressive price cuts by BYD, Chinese EV makers take effect

Baua Electric

Toyota’s global sales fell over 5% last month, partly driven by the impact of BYD’s price cuts in key markets like China, Southeast Asia, and even Japan. Toyota, including Lexus, sold 853,082 vehicles last month, down 5.1% After recalling the Prius earlier this year, Toyota sold slightly fewer (-1.6%) vehicles in North America.

BYD 52
article thumbnail

Buyer’s Guide: Why EVs Are Great For Students

Clean Fleet Report

The affordable choices in used EVs and PHEVs continues to grow. The Prius Prime plugs in, but has a backup gas engine for longer trips. Toyota Prius Prime PHEV. Next, the Toyota Prius Prime is another choice for used EVs (in this case a plug-in hybrid). Why EVs Are Great For Students.

Prius 99
article thumbnail

Lux Research: despite cheap oil, niche plug-in vehicle sales will be resilient; conventional hybrids to be hardest hit

Green Car Congress

In the likely case of only a gradual return to previous higher prices—which Lux calls the “cheap oil” scenario in its analysis—then electric vehicle (EV) sales will dip by 20% for a number of years, while plug-in hybrid (PHEV) sales will dip by about 14% during that same period, the research firm found. Source: Lux Research.

Plug-in 150
article thumbnail

2022 Los Angeles Auto Show Review

Clean Fleet Report

Lucid edging toward affordability. EV #2 from Toyota’s new BZ brand. Toyota BZ Compact SUV Concept EV. “BZ” BZ” in Toyota talk means Beyond Zero, the company’s new sub-brand for all-electric vehicles that began with the introduction of the 2023 BZ4X. 2023 Toyota Prius Hybrid and Prius Prime Plug-in Hybrid.