Cyprus Mail20 Jul 2026

Toyota, Lexus dominance in electric vehicle market continues to climb

Toyota Motor Europe (TME) continued its transition to electrification at a particularly strong pace during the first half of 2026, recording impressive growth in sales of its all-electric models. Despite the fact that the overall market remained highly competitive, the company sold a total of 633,617 vehicles in Europe, securing a 7.0-per cent market share.

The most significant aspect of the results is the continued growth of electrified models. Total sales of hybrid, plug-in hybrid and...

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