Toyota’s EV Sales Skyrocket 127% While Overall Sales Fall

Toyota’s electric vehicle (EV) sales have surged by more than 127% in the first nine months of 2026, while the Japanese automaker's total sales continue to decline, primarily due to weaker demand in China. Toyota and Lexus sold a total of 309,766 fully electric vehicles globally during this period, representing a 127.4% increase compared to the same period last year.

However, the company's overall global sales fell for the third consecutive month in September, with a 2.2% decrease compared to September 2025. The decline is mainly due to reduced demand in China, one of Toyota's largest markets, where gasoline and hybrid vehicle sales have been particularly impacted by rising prices and challenging market conditions.

Despite this growth, EVs still represent a small portion of Toyota's overall sales. The company is actively working to strengthen its position in the Chinese electric vehicle market by expanding its lineup, adopting local manufacturing methods, and exploring advanced production techniques to reduce costs and improve efficiency. Toyota plans to manufacture a new Lexus electric SUV at its upcoming facility in Shanghai, with production expected to begin in 2027.