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by koksik202
987 days ago
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I think they have it figured out and they are just stalling the introduction not because they lack technology but they still own a lot of stake in conventional solutions, they will probably peel away a line of cars soon for western markets that are EV and reduce sales of Corollas/Yaris with petrol engines but they will continue providing pickups/suvs for other markets. It is just they cannot slot a line of EV on top of all of the existing models and variants as they can still reap the reward of the investment they made for conventional cars. They would spread themselves too thin with a line of EVs on top of current portfolio |
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The idea that Toyota, a company that has nothing but stalled on EV and fought EV regulation at every step has internally already perfected every aspect of EVs is just nonsense.
Their initial products are not competitive in price or performance (or anything really).
Some people have really gone in the deep end with Toyota and believe that Toyota can not actually make mistakes. It all some 4D galaxy brain strategy. Its impossible that they simply bet on the wrong technology, had stubborn leadership, under invested in EV (and battery production) and are now paying the price. Of course not its all brilliant strategy. They fired their CEO, despite his amazingly brilliant strategy. They also invested billions in hydrogen with virtually no results just to throw people so they don't know that Toyota has already perfected EVs. And they invested billions in their solid state batteries, that will be in mass production by 2022 (what year is it?).
There is literally 0 evidence that Toyota has 'figured out' EV. And there is a literal mountain of evidence suggesting the opposite.