Electric Vehicles

Toyota Motor Sales Availability

Countries and regions where Toyota Motor Corporation passenger cars are sold

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$TM· Lexus

🇯🇵

World's largest automaker by volume, entering the BEV market with the bZ4X crossover and upcoming bZ lineup while maintaining dominance in hybrids. Sold ~170K BEVs globally in 2024, a small fraction of its 10M+ total annual sales but growing rapidly. Investing $35B in electrification through 2030 with plans for next-gen solid-state batteries and a dedicated BEV factory.

Product Lineup Timeline

2010
2012
2014
2016
2018
2020
2022
2024
2026
Prius Plug-in Hybrid (Gen 1)Compact HatchbackPHEV
Prius Prime / PHEV (Gen 2)Compact HatchbackPHEV
RAV4 Prime / PHEVCompact SUVPHEV
bZ4XCompact SUV
bZ3Mid-Size Sedan
bZ3CCompact Crossover
bZ3XCompact SUV
bZ WoodlandMid-Size SUV
Highlander EVMid-Size 3-Row SUV

Key Milestones

Aug 1937
Launch

Toyota Motor Co. founded by Kiichiro Toyoda in Aichi Prefecture as a subsidiary of Toyoda Loomworks — develops Toyota Production System (TPS) post-war, becoming the world's largest automaker by 2008.

Dec 1997
Launch

Prius hybrid launches in Japan — Toyota's pioneering hybrid that delays its BEV pivot for two decades by establishing Toyota's hybrid-electric leadership and proving hybrid can be commercially viable.

Sep 2012
Launch

RAV4 EV (second-gen) launches in California with Tesla powertrain — production ends in 2014 after limited demand. The Tesla partnership reveals Toyota's reluctance to invest in in-house BEV powertrains.

Dec 2014
Launch

Mirai fuel cell EV launches in Japan — Toyota's hydrogen alternative to BEVs and the brand's controversial bet that fuel cells will dominate clean mobility, a position that ages poorly versus BEV trajectory.

Dec 2021
Product

Reveals 16 BEV concepts and commits $35B/15 BEVs by 2030 in a strategy reset — including Lexus EVs. Akio Toyoda finally publicly capitulates to BEV-first reality after years of resistance.

May 2022
Launch

bZ4X launches in Japan and globally — the first vehicle on Toyota/Subaru's e-TNGA dedicated BEV platform. Long-awaited entrance into BEV mass-market that immediately stumbles on quality issues.

Jun 2022
Paused

bZ4X recall over wheel-detachment risk forces global stop-sale weeks after launch — embarrassing Toyota's BEV debut and reinforcing perception that Toyota is years behind Tesla and Hyundai/Kia in EV engineering.

Jun 2023
Product

Announces solid-state battery breakthrough targeting 1,000 km range and 10-minute charging by 2027-28 — Toyota's biggest single technology announcement of the decade and the platform that would catch up to BYD/CATL.

Oct 2023
Milestone

Announces 10 new BEV models by 2026 in updated electrification strategy — Lexus, Toyota, and bZ-brand models on a renewed e-TNGA architecture with revised pack chemistry and digital platform.

Apr 2024
Partnership

Toyota partners with LG Energy Solution for North American EV battery supply at 20+ GWh capacity — first major external cell-supplier deal, reflecting Toyota's recognition that internal cells can't scale alone.

Sep 2024
Paused

Delays U.S.-built three-row BEV by years; halves 2026 BEV target to ~1M units — citing slower U.S. adoption and aligning with peer-OEM (Ford, GM) strategy resets.

Apr 2025
Product

Updated bZ4X launches with faster charging, more power, and longer range — rebranded as bZ in many markets; Toyota's first major BEV refresh signals readiness for sustained BEV competition.

Mar 2026
Partnership

Toyota announces partnership with CATL for next-gen LFP and sodium-ion cell supply for Chinese BEV models — final acknowledgment that Toyota's in-house cell timeline cannot match China's pace.

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Electric Vehicles - Toyota | Sterling