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These jobs will be lost anyway. It's only a matter of time, and then the question is are they going to be lost to Toyota's EVs, or foreign EVs? EVs are already
by pornel 5y ago
These jobs will be lost anyway. It's only a matter of time, and then the question is are they going to be lost to Toyota's EVs, or foreign EVs?
EVs are already cheaper per mile, and often have better TCO for new cars. When battery cost drops further, it will be a bad deal to pay extra for vehicles that carry an extra high-maintenance expensive-to-run engine. Especially that Japan likes Kei cars, which don't have space to waste.
- hulitu 5y agoThe price of electricity is going up.
- pornel 5y agoJapan also has high gas prices[1]. The ratio of gas to electricity price ends up being comparable to U.S., where EVs still come ahead. If it was about fuel prices, Toyota wouldn't promote hydrogen, which is even more expensive. [1] globalpetrolprices.com
- webmobdev 5y ago> These jobs will be lost anyway. Job lossess can be minimised with proper planning by the economists and the industry. For example, some of the ancillary units could be converted to serve the EV sector. The rest could be converted to other manufacturing industries. All this require time and proper planning by the government and industry leaders. > It's only a matter of time, and then the question is are they going to be lost to Toyota's EVs, or foreign EVs? Temporary protectionist measures can be taken to not allow foreign EVs until the Japanese automobile industry is ready to compete with them. And note that EV technology is not complex and is readily available. That is why Tesla and others try to differentiate themselves by offering "self-driving" tech in their EV.