Toyota Way Ahead of Projected RAV4 Prime Deliveries In America - Hybrid Models Continue Strong Growth
The Toyota RAV4 Prime is one of the hottest electric vehicles in America. Shoppers are still lined up to take delivery as soon as the vehicle arrives. While there is evidence that the above MSRP purchases have cooled off a bit, the RAV4 Prime’s demand still far exceeds its availability.
What Did Toyota Project?
When the Toyota RAV4 Prime began to be delivered, Toyota told Elektrek that the company planned to build and deliver 5,000 units of the RAV4 Prime in its first model year. The deliveries reported by Toyota are as follows as of this week:
Deliveries in second half of 2020 = 3,200 Units
Deliveries in Q1 2021 = 2,792
Total RAV4 Primes delivered thus far = 5,992
With months still to go in the 2021 Model year, Toyota has already delivered more RAV4 Primes than the company projected it would in its first year. In March, Toyota delivered over 1,100 RAV4 Primes, so its approximate pace today is about 13,200 per year, or nearly triple its projected delivery rate.
Toyota RAV4 Prime Delivery Ramp Up
Toyota’s expected ramp-up of the RAV4 Prime’s deliveries will occur as the company enters its second model year of this model. Except that will be sometime between summer and fall of this calendar year. For the 2022 model year, Toyota has previously projected 20,000 units, so about a 2X increase in the current delivery rate.
Other Toyota Green Vehicle Sales
Toyota’s latest sales report highlights the company’s green vehicle sales from its two brands, Toyota and Lexus. Toyota calls its green cars and crossovers “alternative powered vehicles” or ATVs. The company notes that it is America’s top producer of ATVs and lead the industry in Q1. One of every four Toyota vehicles sold in America has a green powertrain. Many models such as the Venza, Sienna, and Prius only have green powertrains.
In total, Toyota sold 138,000 hybrids in the US in Q1. Just under 10,000 of them had a plug. Looking closely at the numbers, we can see that the Prius Prime continues to be a top-selling EV in America with a cost under $30K. Toyota sold just under 7,000 Prius Primes in Q1, which indicates its pace has not slowed one bit with the arrival of the RAV4 Prime. There is no parasitic effect from the RAV4 Prime, just an additive effect on deliveries.
Some of Toyota’s hybrid delivery number are simply huge by any measure. The company delivered just under 30,000 RAV4 Hybrids and over 26,000 Siennas. Toyota shoppers also brought home almost 19,000 Highlander Hybrids and over 10,000 Camry Hybrids. These numbers are larger than the top sellers at many brands.
What Is To Come For Toyota
Toyota has promised to add two battery electric vehicles and one new plug-in electric vehicle over the coming 16 months. These will augment the 17 green vehicle models that Toyota is already selling (in huge numbers) in America. Toyota looks to continue to be the automaker with the broadest range of green vehicles in America for the foreseeable future.
RAV4 Prime image courtesy of RAV4 Prime owner Kate Silbaugh.
John Goreham is a long-time New England Motor Press Association member and recovering engineer. Following his engineering program, John also completed a marketing program at Northeastern University and worked with automotive component manufacturers. In addition to Torque News, John's work has appeared in print in dozens of American newspapers and he provides reviews to many vehicle shopping sites. You can follow John on Twitter, and view his credentials at Linkedin