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Toyota aims for 20% PHEV sales volume by 2030 in US

Assuming sales interest in PHEVs holds out, Toyota aspires to grow US volumes for the powertrain almost tenfold. By Will Girling

Toyota plans to increase plug-in hybrid (PHEV) sales volume in the US from 2.4% in 2024 to 20% by 2030, according to a 28 May 2025 report by CNBC. However, this goal is contingent on favourable regulatory conditions and ongoing consumer acceptance.

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