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Might be their peak sales ever if they don't get into the EV market in China. EVs are on track to be ~30% of sales there by the end of this year, and Toyota is
by mullingitover 3y ago
Might be their peak sales ever if they don't get into the EV market in China. EVs are on track to be ~30% of sales there by the end of this year, and Toyota is on track to be 0% of that chunk.
- esalman 3y agoThat's really funny.
- glimshe 3y agoToyota likely believes it won't be able to compete with cheap electric vehicles anyway. It's very likely that someone else is the one losing the bulk of the sales, not Toyota. It has done a pretty good job at steering clear from the bottom of the market to maintain its reputation of quality and technology.