Sales of electric vehicles in Europe will increase by 58% in 2023

Lexus sold 73,637 vehicles across Europe last year. With an increase of 46 percent compared to 2022, it is one of the fastest growing premium brands in Europe, according to the Toyota subsidiary.

According to the manufacturer, 87 percent of all Lexus vehicles sold are fully electric or hybrid. In Western Europe, almost every model is electric. Sales of electric and hybrid vehicles grew by 58 percent in 2023 compared to the previous year to more than 64,400 units across Europe.

The growth is driven by SUV models: the best-seller in the product portfolio was the NX, which was sold a total of 25,709 times from January to December 2023 and also recorded the highest growth of 47 percent. Other places are followed by the compact UX with 18,747 units and the RX. The latest generation of the large SUV, which is available with three powertrains, increased by 44 percent to 15,529 units. One of the three RXs had a plug-in hybrid drive.

The recently introduced RZ 450e is completely electric and had more than 2,000 new registrations in 2023.

In Germany, the Japanese premium brand recorded a total of 3,259 new subscriptions, which represents an increase of 18.7 percent. With a share of more than 95 percent, almost all Lexus models sold in this country were electrified.