Part of this could be explained by the low/favorable price of the Yen at the moment. Toyota cars are currently rather cheap to buy in Europe and USA. But Toyot

Part of this could be explained by the low/favorable price of the Yen at the moment. Toyota cars are currently rather cheap to buy in Europe and USA. But Toyota still primarily offers ICE and hybrids, they are late to the BEV game. Where I live, a Tesla Model 3 (€43k, with incentives) is still about 10k more expensive as a comparable Toyota Corolla hybrid (€33k). That all said, in my country Teslas are still very popular, the model 3 has outsold every other car (ICE or EV) for the past few years, only to be overtaken by the model Y.