Toyota goes all in on hybrid

EVs

Toyota moves to 100% hybrid on popular cars and SUVs.

2024 Toyota Camry rear view.

The ink has barely dried on the Federal Government’s recently legislated New Vehicle Efficiency Scheme (NVES) and Australia’s largest car seller Toyota has moved to lower its fleet emissions by announcing a hybrid-only drivetrain option on nine of its popular models.

The Japanese giant commands a dominant 19.6% of the Australian new vehicle market and a sizeable proportion of its passenger vehicle sales were already hybrid electric vehicles (HEV), but the car maker has decided to take the option of a conventional petrol engine off the table for many of its models.

Toyota’s announcement means petrol-only variants have been discontinued on nine of its passenger car and SUV models, including the category-leading RAV4 medium SUV.

Corolla and Camry sedans and the Corolla Cross, RAV4 and Kluger SUVs are now 100% HEV, joining existing Toyota vehicle that had already made the hybrid-only switch including Yaris Cross SUV, Corolla and Yaris hatches, and new C-HR SUV.

Toyota’s sporty GR Yaris and GR Corolla models continue unchanged as they are not offered with a hybrid alternative, while the brand’s popular 4x4 models including HiLux and LandCruiser retain their diesel combustion engines.

Let us do the work finding your next new car

Toyota Australia Vice-President Sales, Marketing and Franchise Operations Sean Hanley said the development would accelerate an already established sales trend that has seen the brand’s hybrid sales reach record levels.

Toyota’s HEV share reached a record 33.5% last year and has jumped to 46.6% in the first five months of this year, including 48.9% in May.

“So far this year, our total HEV sales have more than doubled to 46,821 vehicles compared with the same period last year with all models continuing to attract strong demand,” Mr Hanley said.

“At the same time, we have worked closely with our production teams in Japan to increase supply, which has substantially reduced wait times on popular models like RAV4 hybrid.

“Overall, we have now sold more than 430,000 HEVs in Australia since we launched the original Prius in October 2001.”

Mr Hanley said ongoing developments, including the upcoming mandated new vehicle efficiency standard, confirmed the foresight of Toyota’s strategy multi-pathway approach to decarbonisation, which has seen it implement a HEV strategy over an extended period while also developing other powertrain options including battery electric and hydrogen fuel cell vehicles.


Related topics

  • The information in this article has been prepared for general information purposes only and is not intended as legal advice or specific advice to any particular person. Any advice contained in the document is general advice, not intended as legal advice or professional advice and does not take into account any person’s particular circumstances. Before acting on anything based on this advice you should consider its appropriateness to you, having regard to your objectives and needs.

    Insurance products (excluding Travel Insurance) are issued by RACQ Insurance Limited ABN 50 009 704 152 (RACQ). Conditions, limits and exclusions apply. This is general advice only and may not be right for you. This information does not take your personal objectives, circumstances or needs into account. Read the Product Disclosure Statement (PDS) and any applicable Supplementary PDS before making a purchase decision on this product. You can also access our Target Market Determinations on this website.

    Banking and loan products issued by Members Banking Group Limited ABN 83 087 651 054 AFSL/Australian credit licence 241195 trading as RACQ Bank. Terms, conditions, fees, charges and lending policies apply. This is general advice only and may not be right for you. This information does not take your personal objectives, circumstances or needs into account. Read the disclosure documents for your selected product or service, including the Financial Services Guide and the Terms and Conditions, and consider if appropriate for you before deciding.

    Except for RACQ Bank, any RACQ entity referred to on this page is not an authorised deposit-taking institution for the purposes of the Banking Act 1959 (Cth). That entity’s obligations do not represent deposits or other liabilities of RACQ Bank. RACQ Bank does not guarantee or otherwise provide assurance in respect of the obligations of that entity, unless noted otherwise.

    RACQ Operations Pty Ltd (ABN 80 009 663 414 AR 000234978) and Members Travel Group Pty Ltd (ABN 45 144 538 803 AR 000432492) are acting as an Authorised Representative of the issuer of the insurance, Tokio Marine & Nichido Fire Insurance Co., Ltd. (ABN 80 000 438 291 AFSL 246 548). Any advice set out above is general in nature only, and does not take into account your objectives, financial situation or needs. Before purchasing any travel products, please consider the RACQ Travel Insurance Product Disclosure Statement (PDS) and the Target Market Determinations (TMDs) that apply to these products. Whilst the PDS outlines the Terms and Conditions of these products, the TMDs outline the intended class of customers that comprise the target market for these travel products. This will allow you to consider which products best suit your objectives, financial situation and needs and consider the products appropriateness to your personal circumstances. TMDs also outline matters involving the distribution and the review of these products. The PDS, Supplementary PDS and TMDs for each travel product can be found here.