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Thanks! That's very interesting. Toyota lost a lot of money the first few years they sold the Prius, but they were happy to do it because they believed they'd
by wpietri 4y ago
Thanks! That's very interesting.
Toyota lost a lot of money the first few years they sold the Prius, but they were happy to do it because they believed they'd work out the production cost issues over time. And they were right. Clearly Waymo's going for a similar strategy here. But one difference is that Toyota at that point had decades of experience wrangling the cost curve for cars. It'll be interesting to see if they can get capital cost plus mapping cost plus operational cost down low enough so that they can at least break even on a ride.