3 ms·
Why is Toyota so late to the EV game when the Prius was such a huge deal? I just leased my first EV and it ended up being a Volkswagen, a brand I had no prior
by tapoxi 5y ago
Why is Toyota so late to the EV game when the Prius was such a huge deal?
I just leased my first EV and it ended up being a Volkswagen, a brand I had no prior relationship with, simply because Toyota didn't have anything to offer outside of PHEVs.
- aaronbrethorst 5y agoThey made a bad bet on hydrogen. https://www.nytimes.com/2021/07/25/climate/toyota-electric-hydrogen.html https://www.nytimes.com/2021/07/25/climate/toyota-electric-h...
- rodgerd 5y agoMaybe institutional memory: "Whether or not Toyota wanted to continue production [of the 90s all-electric RAV4], it was unlikely to be able to do so because the EV-95 battery was no longer available. Chevron had inherited control of the worldwide patent rights for the NiMH EV-95 battery when it merged with Texaco, which had purchased them from General Motors. Chevron's unit won a US$30,000,000 settlement from Toyota and Panasonic, and the production line for the large NiMH batteries was closed down and dismantled. This case was settled in the ICC International Court of Arbitration, and not publicized due to a gag order placed on Toyota."