Toyota hybrid sales expected to rise

Hybrid vehicles make up 5% of Toyota New Zealand’s sales now, but its 2018 Sustainability Report forecasts this to rise to 30% by 2030.

The company had 39 PHEV charging points at dealers and its own sites, and expects to have another 23 available by the end of 2018.

Covering the year to March 31, 2018, the Palmerston North based company had record sales of 32,282 new vehicles in 2017, which also marked its 30th year of market leadership, after first setting up business here in 1966.

Toyota New Zealand returned a profit of $21.9 million after tax from a revenue of $1.4 billion.

On the safety front, Toyota New Zealand and its dealers have replaced 67,000 faulty Takata airbags of the 141,000 Toyota owners it has managed to contact.

Toyota New Zealand has set itself a goal of reducing the emissions of the new vehicles it sells from an average 184g of CO2 per kilometre to an average of 152g/km per vehicle by 2030.
Globally, Toyota is targeting a 90% reduction of vehicle emissions by 2050.

The company expects to offer an ‘electrified’ option for every vehicle model it sells by around 2025.

While 99% of a modern vehicle can be recycled, the lack of bespoke recycling infrastructure means this does not occur in New Zealand, an ongoing problem for the whole industry, says the report.

Toyota New Zealand has recycled nearly 400 of the complex end-of-life electric hybrid batteries. This number is expected to rise as more vehicles with this technology reach the end of their lives.

The report is structured according to Toyota’s new sustainability framework. Each section presents the context, key areas of impact, progress and objectives to improve its environmental and social performance.

Visit here

for more information.