Toyota sees interest in hybrid electric vehicles rise amid Russian invasion, gas price surge

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Toyota sees interest in hybrid electric vehicles rise amid Russian invasion, gas price surge
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Adoption of more climate friendly electrified vehicles will still be hampered in the near term by supply issues.

Adoption of more climate-friendly electrified vehicles will still be hampered in the near term by supply issues.

Carter told members of the media Wednesday that inquiries for hybrid vehicles have sharply increased on Toyota.com and Lexus.com. The increase in interest, however, hasn’t shown up in first-quarter sales numbers because supply chain bottlenecks continue to hamper the production of new vehicles, he said.“If we built cars with three wheels, there would probably be a consumer waiting for it,” Carter joked.

In the near term, Toyota believes its lineup puts it at an advantage as American consumers transition from combustion engine vehicles to electric.

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