[speby]

It's possible, yes. Empires rise. Empires fall. Toyota will adapt and 'missed the boat' implies that that's it; they're done. They're absolutely not done. They were also miles ahead of others when they introduced the Prius in the 90s. It's not as if they haven't been engineering and mass-producing electric powertrains for a long time. One strong reason they have not missed the boat? No one yet producing an EV right now even comes within arms-reach of Toyota's quality. People forget that it is, in fact, Toyota's legendary quality+reliability+value that makes it a brand people adore and come back to again, and again, and again. When they make an EV (and they will, eventually) that it is as good as the quality Toyota has built its foundation on, they will absolutely CRUSH it.