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Automotive Product Finder Magazine | Lexus crosses global sales milestone of Two million EVs

Lexus crosses global sales milestone of Two million EVs

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Technical Articles  /   May

Lexus has reported that it has achieved the milestone of recording two million global sales of its electrified vehicles (EVs) by the end of April 2021.

The company sells nine electrified models, including Hybrid Electric Vehicles (HEVs) and Battery Electric Vehicles (BEVs) in over 90 countries and regions around the world. Globally, Lexus EVs accounted for one-third of the company’s sales in 2020. Across the eight markets in Asia, EVs accounted for over 20% of regional sales in 2020.

Additionally, the cumulative effects of reduced CO2 emissions to date (2005 to end-April 2021) add up to approximately 19 million tons. This is equivalent to the combined CO2 output of 300,000 passenger cars per year. In line with its corporate mission for carbon neutrality and Sustainable Development Goals, Lexus plans to achieve carbon neutrality by 2050 throughout the entire lifecycle of a vehicle such as materials, parts, vehicle manufacturing, logistics, driving and disposal/recycling.

The company intends on introducing its first luxury Plug-in Hybrid Electric Vehicle (PHEV) model in 2021 and an all-new BEV model in 2022. Future Lexus EVs will feature DIRECT4 and steer-by-wire systems. DIRECT4 is Lexus’ four-wheel-drive torque distribution technology. It combines highly precise drive force control with responsive steer-by-wire systems that greatly enhance vehicle reflexes.

This innovative technology translates into an exceptionally dynamic performance and a driving experience unique to the brand.

Lexus has been a pioneer of electrification in the luxury car market since its launch of the RX400h in 2005. The brand’s EVs provide a wide range of options designed to meet the needs of its users. The Lexus model line-up continues to evolve focusing on balancing excellent driving performance with environmental sensitivity.

In 2019, the company introduced Lexus Electrified. By 2025, it plans to introduce 20 new or improved models, including more than ten BEVs, PHEVs and HEVs.

Source – Lexus Press Release

Image Source: Lexus India Press Release 

Also Read:

https://www.automotiveproductsfinder.com/news/hyundai-to-invest--7-4-bn-in-electric-vehicles-in-us-by-2025/134515

https://www.automotiveproductsfinder.com/news/pli-scheme-for-battery-storage-to-bring-down-ev-cost/134512

https://www.automotiveproductsfinder.com/news/scope-of-growth-of-electric-vehicles-market-in-india/134503

Tags Cloud
  • Lexus
  • Lexus India
  • Electric Vehicles
  • EV
  • Auto Sales
  • Hybrid Electric Vehicles (Hevs)
  • Battery Electric Vehicles (Bevs)
  • Plug-In Hybrid Electric Vehicles (Phevs)
  • CO2 Emission
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