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> Well was the decision to go all in on a entirely new tech (hydrogen fuel cells) was conscious choice by Toyota or not? So you agree that they have capacity to
by MichaelZuo 4y ago
> Well was the decision to go all in on a entirely new tech (hydrogen fuel cells) was conscious choice by Toyota or not? So you agree that they have capacity to spend investment dollars, right? Now could they spend maybe an order of magnitude less money on improving ICE, Most definitely yes. Its definitely less costly trying to reinvent and entire new scientific field (fuel cells) than repurposing ice engine as demonstrated by companies I highlighted (& many more).
Toyota spent that money years ago. How is that at all relevant to how much they can spend in 2023?
Financial markets are much tighter, so I doubt they could even spend 20% as much without huge shareholder pushback.