Toyota s gasoline and electric car sales have skyrocketed, squeezing Tesla s living space?

Mondo Social Updated on 2024-01-28

A few days ago, the "Consumer Reports" pointed out that the current least problematic power choice is hybrid gasoline-electric hybrid, while electric vehicles and PHEV plug-in hybrid are more problematic. Recently, Toyota, as a leading hybrid vehicle, sold more than 450,000 gasoline and electric vehicles in the U.S. market in the third quarter, which is a direct threat to Tesla, the leader of electric vehicles.

Toyota's U.S. sales of gasoline and electric vehicles exceeded 450,000 units in the third quarter, including more than 100,000 units of R**4 hybrids.

Last year, the overall sales of hybrid gasoline and electric vehicles in the United States declined, but electric vehicles grew by leaps and bounds, with sales growth of as high as 65%, and even the representative car manufacturer Toyota was ridiculed by Tesla CEO Elon Musk, believing that the hybrid is just a transition, and when the price of Tesla cars is similar to that of the R**4 hybrid, no one will buy the latter.

Sales of electric vehicles have declined, and some dealers have even complained that they can't sell them, resulting in too much inventory.

However, with the emergence of issues such as longer charging times, charging station density, and battery life, many consumers have lost interest in electric vehicles and turned to hybrid electric vehicles with higher reliability and excellent fuel economy, resulting in Toyota's gasoline-electric vehicle sales increasing by more than 20% in the third quarter of this year.

According to Wall Street** analysis, Toyota's gasoline and electric vehicle sales have skyrocketed, which will put Tesla under pressure, and it seems that hybrid power is not a simple transitional product. Toyota, on the other hand, is grateful to Tesla, mainly because Tesla has driven the electrification of the North American market to create sales growth for hybrid vehicles.

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