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by avidphantasm 1403 days ago
Well, it’s far from clear that we’ll be able to meet climate goals with EVs due to material shortages. Hydrogen alternatives may help with this. Also, if we can build out hydrogen production, this may open up opportunities to retrofit existing ICEs to burn hydrogen. Lastly, while Toyota may be behind on EVs from a product POV, it’s arguable how far behind they are from an engineering POV. Toyota has had by far the best hybrid EV platform for the past 25 years, and have been incrementally improving it throughout. Hybrids are harder to make than EVs, yet have all the same components (esp. the plug-in variety). I think Toyota will be fine in the EV well before they need to stop selling ICE cars.