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Sorry what is blind about my take? I'm honestly interested. I don't see much in your response that proves my take is blind. The article is titled: Toyota to t
by bamboozled 3y ago
Sorry what is blind about my take? I'm honestly interested. I don't see much in your response that proves my take is blind.
The article is titled:
Toyota to triple EV output as it chases Tesla, BYD, is this not an omission they slept on the starting line? Then:
It is also jointly developing EV versions of mini commercial vehicles with Suzuki Motor and subsidiary Daihatsu Motor.
Which is exactly the type of car I've been interested in buying, so I guess they too see the gap in the market now, but have done little too fill it. BYD will likely enter this space before Toyota. The only thing that will stop that is protectionism, which Japan is good at, so it might work out for Toyota.
The only one who is blind here is Toyota, they fucked up good and now they have to "chase" the competition.
Also the power grid isn't Toyota's problem, it's the Japanese governments problem, and Toyota and all the other major Japanese car manufacturers should've had the foresight to work with the government to address this issue 5-10 years ago, not now. Now it's too late. They will likely be destroyed by Tesla and BYD because of their unwillingness to adapt.
Toyota are dinosaurs now and the fact the government didn't work to update the grid means the entire Japanese economy will be at the mercy of oil prices, or will lose crazy amounts of money subsidizing the prices because the price of oil will only continue to increase as economies of scale start to shift towards EVs and away from ICE and petroleum.