Toyota EV Deliveries Surge 127%, Yet China Slowdown Sinks Overall Sales
Toyota reported a 127% jump in global battery-electric vehicle sales through September, showing progress in its electrification ramp. However, steep drops in demand for traditional gas and hybrid models in China pulled the automaker's total global sales down for a third straight month. The divergent numbers highlight the immense pressure legacy brands face as Chinese buyers rapidly migrate toward domestic new-energy vehicles.