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Toyota's Chairman Is Having His 'I Told You So Moment' About EVs

7 pointsby t23over 1 year ago

3 comments

mullingitoverover 1 year ago
I don&#x27;t know if the US&#x27; 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.<p>China&#x27;s EV transition is <i>flying</i>, they&#x27;re arguably well past a tipping point, and Toyota is <i>not</i> executing well in that market.[1]<p>&gt; 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.<p>&gt; 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.<p>And while the US isn&#x27;t performing a competent rollout of EV infrastructure in the near term, I wouldn&#x27;t bet the rent that it&#x27;ll be a technology backwater forever.<p>[1] <a href="https:&#x2F;&#x2F;archive.ph&#x2F;269rK" rel="nofollow noreferrer">https:&#x2F;&#x2F;archive.ph&#x2F;269rK</a>
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wolverine876over 1 year ago
<i>&quot;... if regulations are created based on ideals, it is regular users who are the ones who suffer.&quot;</i><p>Preventing climate change is a not an ideal, but a concrete, real, absolutely essential act. It will save far more lives than &#x27;ideals&#x27; about automotive safety, such as making sure gas tanks don&#x27;t explode on impact.
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superchromaover 1 year ago
Well of course they&#x27;re going to triple-down, they went all-in on the technology.<p><i>&quot;things like un-affordability&quot;</i><p>Battery prices are still dropping as more production capacity comes online. It&#x27;s premature to call time on this. The idea that you can have multiple sets of fuelling&#x2F;charging infrastructure (petrol, gas, hydrogen and electric) across every fuel station in a nation is laughable. Considering electricity doesn&#x27;t need to be trucked around it&#x27;s probably the only next frontier we can reasonably ask for.