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Toyota made a bet that they will leap over current EV teach with their, "soon to come", solid state batteries. With all battery production capacity already spo
by antattack 5y ago
Toyota made a bet that they will leap over current EV teach with their, "soon to come", solid state batteries.
With all battery production capacity already spoken for, Toyota has to slow down EV adoption, convince us that hybrids are still a thing. If unsuccessful, they stand to loose market share soon.
- rcMgD2BwE72F 5y agoBy the time solid state battery are thing, Tesla will be much bigger (and moving faster) in the EV space, so it's highly probable that the industry (including cell manufacturers) will line up to support Tesla rather than Toyota. Also, Tesla's margins are improving to a point where they'll soon be more profitable than Toyota and be able to pay a better price for any cell production capacity available (solid state or not). It's getting really late for the Japanese giant and they're still in denial (a good friend of mine is responsible for the deployment of Mirai in Europe and he's well aware that).