TOYOTA

Japanese company cuts electrified production and profits rise

After forecasting to sell 202,000 100% electric vehicles in 2023, Toyota chose to sell only 123,000, according to its financial report, a reduction of 39%. This revelation also has the curiosity of this cut in the production of models exclusively powered by the energy contained in the battery happening in the largest manufacturer in the world, but also in the one that has invested least in battery-powered electric vehicles.

Traditionally, a deviation of this magnitude from the original strategy has negative consequences, but not in the case of Toyota. If the manufacturer initially predicted operating profits of 3 trillion yen (approximately 18.7 billion euros), with the cut in production and sales of electric models, the Japanese manufacturer increased this value to 4.5 trillion yen (28,000 million euros). 1 billion euros), an increase in profitability that analysts attribute to the reduction in the manufacture of battery-powered models.

During this fiscal year, Toyota intends to sell 3.6 million vehicles with hybrid mechanics, above the 3.5 million previously forecast, with the value rising to 3.9 million units if plug-in hybrids are added to the hybrids. and battery and hydrogen electric vehicles. This represents an increase of 42% compared to the previous year, bringing the percentage of electrified vehicles in Toyota's range to 37%.

Mundoquatrorodas