Hybrid and gasoline sales in Japan and China lifted Toyota Motor Corp. (7203.T) global sales by over 5% in April.

The Japanese manufacturer sold more battery electric vehicles (EVs) internationally in the first four months than the previous year.

Toyota sold 800,863 automobiles worldwide, including Lexus, a 4.9% rise from last April when pandemic-related parts shortages hurt sales.
Hybrid sales like the new Prius in Japan rose 59.2% year-on-year to make up well over half of the 125,326 vehicles sold in the company’s home market last month, beating a 21.5% rise in overall domestic car sales.

Toyota’s April sales in China rose 46.3% to 162,554 units, recovering from the pandemic.

For the first time, the carmaker sold 8,584 battery EVs, including Lexus, in April, accounting for more than 1% of its global sales.
It sold 26,057 battery-powered vehicles in January-April, up from 24,466 in 2022.

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My name is Isiah Goldmann and I am a passionate writer and journalist specializing in business news and trends. I have several years of experience covering a wide range of topics, from startups and entrepreneurship to finance and investment.

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