Zero Emission Vehicle (ZEV) trends in Canada remain strong and
in 2021, 1 out 20 new vehicles registered in Canada was a ZEV.
Share of ZEV climbed to 5.6% up from 3.8% in 2020.
Total ZEV volume increased by 58% y/y, and Battery Electric
Vehicles (BEV) have grown 51% y/y.
Plug-in Hybrid Electric Vehicles (PHEV) have grown nationally
by 73% y/y.
British Columbia leads the way with adoption of
electrification, and ZEVs account for 13.0% of all new light
vehicles for 2021 in the province.
National Enhanced Fuel Type Trend
The combined volume of light vehicles of all electrification
types (including EV/PHEV/HEV/FCEV (xEV) grew 66% in 2021, when
compared to 2020. Likewise, hybrid EV (HEV) increased 74% or
+41,394 units, Fuel Cell EV (FCEV) increased 102 units, BEV 51% or
20,197 units and PHEV increased 73% or 12,000 units. The combined
xEV penetration now stands at 11.8%, up from 7.6% in 2020. ICE
vehicle share of Industry saw its largest decline, where ICE share
now stands at 88.2% a 4.2 percentage point drop from 2020.
Toyota City, Japan, Feb 1, 2022 - (JCN Newswire) - Lexus announced today its 2021 global sales results as described below.
Global sales for the period of January-December, 2021 were 760,012 units (106% compared to the previous year), showing a recovery trend and surpassing last year's results. On a regional level, North America achieved approximately 332,000 units (112% compared to the previous year), and China achieved a record high of approximately 227,000 units (101% compared to the previous year), driving the recovery of global sales. On a model level, sales of electrified vehicles reached a record high of approximately 260,000 units (110% year-on-year) thanks to the strong sales of ES, RX and UX hybrid models. In addition, with the release of new NX as the first model of the next generation Lexus, and newly introduced PHEV, Lexus accelerating the practical spread of electrification to meet needs for customers and society. Lexus aims to achieve offering a full lineup of BEVs in all segments by 2030, 100% BEV sales in Europe, North America, and China, and 1 million units sold globally as a new challenge of realizing a carbon-neutral society. Furthermore, we also aim to achieve 100% BEVs globally by 2035. Lexus will continue to create vehicles that meet the diverse needs and lifestyles of our customers.
January-December, 2021 sales results by major region are as follows: North America approx. 332,000 units (112% compared to prev. year) China approx. 227,000 units (101% compared to prev. year) Europe approx. 72,000 units (102% compared to prev. year) Japan approx. 51,000 units (104% compared to prev. year) Middle East approx. 28,000 units (103% compared to prev. year) East Asia approx. 30,000 units (95% compared to prev. year)
Lexus International President / Chief Branding Officer, Koji Sato said, "I would like to express my heartfelt gratitude to each and every one of our Lexus customers around the world. Despite the continuing impact of the spread of the COVID-19 and the tight parts supply chain, we were able to recover sales to a record level in 2021, selling approximately 760,000 units. In 2022, we will continue to refine Lexus' unique design and driving taste that appeals to the sensibilities of our customers, based on our thoughts to 'be the brand that people who know the real thing choose at the end of the day'. We will also accelerate the development of electric vehicles starting with the BEV exclusive model 'RZ' in spring, we will release a series of new models that will accompany the lifestyles of a variety of customers. Please look forward to the future of Lexus."
Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.comGlobal sales for the period of January-December, 2021 were 760,012 units (106% compared to the previous year), showing a recovery trend and surpassing last year's results.
Acquisition will be a robust driver of growth for BevCanna and will accelerate its already strong growth trajectory VANCOUVER, British Columbia–(BUSINESS WIRE)–Innovative health and wellness beverages and products company, BevCanna Enterprises Inc. (CSE:BEV, Q:BVNNF, FSE:7BC) (“BevCanna” or the “Company”) announces today the closing of its acquisition of solventless cannabis extraction and delivery technology provider Embark […]
Tesla’s rankings with JD Power’s previous Dependability Surveys have placed the California-based EV maker’s creations among the worst-ranked cars in the country, but in the agency’s 2022 US Electric Vehicle Experience Ownership Study, the Model 3, Model Y, and Model S ended up garnering the highest scores. Being among the United States’ best-selling premium electric […]
Toyota City, Japan, Jan 14, 2022 - (JCN Newswire) - Lexus will debut the "NX PHEV OFFROAD Concept" and "ROV Concept" for the first time at the Tokyo Auto Salon 2022, held at Makuhari Messe (Chiba City) for three days from January 14 (Fri.) to 16 (Sun.), 2022.
The two concept vehicles on display are models that embody Lexus' efforts to realize a carbon neutral society, expand customer choices, challenge to suggest diversifying and expanding lifestyles, and provide new values that exceed expectations. The aim is to balance the refined lifestyle and driving pleasure that cars provide our customers, while living in harmony with nature.
The NX PHEV OFFROAD Concept is based on Lexus' first PHEV model that went on sale in November 2021, the NX 450h+. The BEV and PHEV modes offer refined driving performance and excellent environmental performance that reduces CO2 emissions, as well as reliable driving performance by electric motor on low-friction roads. The body inspires an adventurous lifestyle with its lifted platform, off-road running all-terrain large diameter tires and beautifully finished customized bronze and matte black paint scheme.
The ROV Concept goes beyond traditional on and off-road driving along with its compact body and aims to provide a driving experience in nature unlike any passenger vehicle. In addition, it is the first Lexus vehicle to use a hydrogen engine, making it environmentally friendly while still providing stimulation and excitement made possible only through the vibrations of an engine-powered vehicle.
*Abbreviation for Recreational Off highway Vehicle. A concept car that aims to offer an enjoyable automotive lifestyle while living in harmony with nature. The ROV goes one step further into places where even off-road vehicles cannot go, all while providing excellent response and exhilarating sound that stimulates the five senses.
A 1/3 scale model of Yoshihide Muroya's Zivko Edge 540 V3 airplane will be displayed. Muroya will be participating in the Air Race World Championship this year with the "Lexus/Pathfinder Air Racing" team. Lexus and air race pilot Muroya have signed a team partnership agreement and they will further accelerate their joint efforts so that they could quickly link technologies and know-how of both sides to develop racing machines as well as the racing operation. Under the new team structure, Lexus strives to make history with Muroya to win the first championship of The Air Race. Lexus will also utilize its aerodynamic, cooling, and weight-reduction technologies and know-how gained through grueling air races to create ever-better cars for the realization of a carbon-neutral society.
Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.comLexus will debut the "NX PHEV OFFROAD Concept" and "ROV Concept" for the first time at the Tokyo Auto Salon 2022, held at Makuhari Messe (Chiba City) for three days from January 14 (Fri.) to 16 (Sun.), 2022.
Even in the face of the global pandemic and semiconductor
shortages, commercial vehicle product segments continue to move
forward. Light commercial vehicles (LCVs) and medium- and
heavy-duty vehicles are experiencing periods of growth and
transition.
IHS Markit recently completed a Light Commercial Vehicle study
and forecast which highlights trends in the light commercial
sector, including the trajectory of growth of electrification in
light commercial vehicles, and details how newcomers to the
industry are affecting that growth. Growth and transition in this
sector are influenced by an increase in e-commerce combined with
other factors favoring the introduction of electric commercial
vehicles.
Much of the growth in electrification in the light commercial
segment comes from companies new to the industry. These newcomers
are arriving without the dilemma of balancing the timing and volume
of electric vehicle (EV) introductions with the drawdown of volume
of legacy internal combustion engine (ICE)-based products. They do
not have the need to protect the profitability of their legacy
products. In contrast, traditional OEMs do have to balance, and in
some cases, temper the growth of EV products because of the need to
draw profits from ICE products.
Electrification of light commercial vehicles will occur across all
included body types, but at different degrees. Pickups and vans
lead the charge, but buses, particularly school buses, show
impressive growth of electrification. These are the body types that
clearly favored by new entrants to the market.
Medium and heavy-duty commercial vehicles, broadly defined to
include Class 3 as well as Class 4-8, are also experiencing growth
and transition. Vehicles in Operation (VIO) for GVW classes 3 - 8
combined has increased 9% since 2018. New registrations for those
same weight classes have increased 10% over the same period. This
level of growth in the vehicle parc will spur an increase in the
need for replacement parts to provide service and maintenance to
keep these vehicles on the road. In some cases, the rate of growth
of serviceable parts exceeds the growth of vehicles in operation.
Since 2018, the need for aftermarket parts for critical vehicle
systems has increased as follows:
Braking systems - 16%
Electrical systems - 15%
Steering, Suspension and Wheel End - 12%
This is an indicator that vehicle usage is increasing, driving
the need for additional maintenance.
IHS Markit has developed an Aftermarket Parts Demand Forecast,
based on the Truck Industry Profile Network (TIPNet), that can
provide expert analysis covering 12 aftermarket part categories for
vehicles in the GVW Classes 3 - 8.
Alongside the increase in medium and heavy-duty commercial
vehicle VIO and the resulting shifts in the aftermarket
opportunities, IHS Markit is also tracking increased prospects in
the heavier weight segments for zero-emission vehicles (ZEV),
including battery-electric (BEV) and fuel-cell (FCEV) trucks. The
soon-to-be-published 2021 update of IHS Markit's Reinventing the
Truck study features forecasts by fuel type to 2050 and all-new
scenarios, building on the latest announcements by manufacturers
and by policymakers around the world. Spurred by a spate of new
product introductions and the prospect of ZEV mandates in many U.S.
states, BEV trucks are likely to outpace FCEV trucks early on.
Among Class 4-7 medium-duty vehicles, the BEV take rate in the
baseline forecast is projected to climb as high as nearly 13% by
2028. Among class 8 heavy-duty trucks, the percentage is seen
somewhat lower, at just shy of 6%, but still markedly above current
levels. As time passes, and more fleets become familiar with the
technology, particularly in long-haul applications, FCEV trucks are
expected to narrow the gap. IHS Markit tracks OE-offered ZEV
commercial vehicle model introductions and finds that available
models globally will more than double from 2020 to mid-decade. In
parallel to rise in ZEV trucks, hybrid models will also see a
boost, the new Medium and Heavy-Duty Commercial Vehicle Alternative
Propulsion database shows.
From Light Commercial Vehicles to Heavy-Duty Vehicles, from
aftermarket service parts to brand new propulsion systems, IHS
Markit is focused on understanding the rate of change and the
underlying factors driving change.