Re:Shoichiro Toyoda, who turned Toyota into global automaker...
by jillesvangurp on Wednesday February 15, 2023 @09:47AM
(#34804494)
Only if they can produce it cost effectively and in large volume. This is going to be a learning curve that will take them years.
Hybrid cars are not the same as an EV. Toyota needs to start worrying about their existing revenue not drying up before they can master the same learning curve that other manufacturers have been trying to master (with varying degrees of success).
Corolla like EV platforms already exist. Several Chinese manufacturers sell those in their domestic market for prices as low as a few thousand per car. And several of those manufacturers are ramping up their exports to the US, Europe, and Australia.
Hybrid cars are not the same as an EV. Toyota needs to start worrying about their existing revenue not drying up before they can master the same learning curve that other manufacturers have been trying to master (with varying degrees of success).
Corolla like EV platforms already exist. Several Chinese manufacturers sell those in their domestic market for prices as low as a few thousand per car. And several of those manufacturers are ramping up their exports to the US, Europe, and Australia.