China’s Electric Vehicles Are Going to Hit Detroit Like a Wrecking Ball

[Rocket]

Not sure what you mean by “full-on” exactly but Toyota does have a plug in electric with more planned in the pipeline. Slower start than others for sure, but thinking that Toyota will not be a player in the market of EVs on a global scale I would highly doubt. Toyota is just not the type of company that surrenders a market segment to the competition.

https://www.theverge.com/2023/12/5/2...port-crossover

But it's a dying market segment. We need another 20 years of battery development, and then a way to generate and deliver clean electricity that's variable. No one has even begun to figure out that second one.

For the foreseeable future, Remote Combustion Vehicles [EV's] are a bad choice.

They have a higher carbon footprint, are more expensive, are hard to live with [unless it's a second car], and they depreciate like they're going out of style. Porsche Taycans for example are depreciating as much as $100k in 4 years. If gas were $35 a gallon, it would still be cheaper to have bought the Panamera.

Toyota did the math and decided EV's were a big looser. They replaced their CEO, and the new guy did the math again, and came to the same conclusion. And in fact the greenest car available is their Prius prime. Greener than any EV.

https://jalopnik.com/toyota-focusing-on-hybrids-not-electric-vehicles-1850440908

[Zacha341]

Right on!

...Toyota did the math and decided EV's were a big looser. They replaced their CEO, and the new guy did the math again, and came to the same conclusion. And in fact the greenest car available is their Prius prime. Greener than any EV.