Toyota and Lexus have defied broader market trends with a sharp rise in electric vehicle sales, surging by 120% even as the automotive industry experiences its third consecutive month of overall declines. The growth highlights a strong consumer shift toward electrification within these brands amid weakening demand for traditional vehicles. Analysts suggest the surge may reflect strategic investments in EV technology and shifting buyer preferences. Meanwhile, the broader industry continues to grapple with persistent challenges in sales momentum.
EV sales climb 120% at Toyota and Lexus despite a third month of overall declines Yahoo Finance UK
