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Toyota has developed its own EV platform and "intends to globally sell 5.5 million electrified vehicles every year by 2025". https://www.caranddriver.com/news/a

• rcMgD2BwE72F 6y ago
  And Tesla intends to sell the same number of EV by then but with 100% batteries so Tesla could be producing multiple times the volume of batteries that Toyota expect to buy or make. Toyota would lose their cost advantage pretty fast (and event prevent them to reach that 2025 goal). If you add the self-driving tech into account, I don't understand how Toyota expect to compete in the next 5 years in their highest margin product lines.
  • deleted 6y ago
    [deleted]
  • bildung 6y ago
    Except Tesla didn't actually stated that goal, or did it? Now that quite a few established companies have EV models on the market Teslas exponential growth phase seems to be over, at least in Europe. Tesla is already down to third place in the ranking of EV cars sold in 2020 in Germany: https://cleantechnica.com/2021/01/08/german-ev-market-reaches-escape-velocity-record-27-share-in-december/ https://cleantechnica.com/2021/01/08/german-ev-market-reache...