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I don't know if the US' inept rollout of EV infrastructure, and its subsequent impact on EV demand, is a reason for Toyota to dislocate their shoulder patting t
by mullingitover 3y ago
I don't know if the US' inept rollout of EV infrastructure, and its subsequent impact on EV demand, is a reason for Toyota to dislocate their shoulder patting themselves on the back.
China's EV transition is flying, they're arguably well past a tipping point, and Toyota is not executing well in that market.[1]
> However, sales slumped almost 13% from a year earlier in China, where a lack of electric models is seeing global automakers like Toyota and Volkswagen AG lose ground to domestic automakers like BYD Co.
> Production in China fell 18% to 167,987 vehicles. Toyota earlier this week said it had dismissed roughly 1,000 contracted factory workers in China.
And while the US isn't performing a competent rollout of EV infrastructure in the near term, I wouldn't bet the rent that it'll be a technology backwater forever.
[1] https://archive.ph/269rK https://archive.ph/269rK
- tuatoru 3y agoThe majority of China's EVs would not be street legal in the US.