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I like Hybrids only if they are PHEV. The problem Toyota has is lack of leadership.2025 Toyota Camry redesign is hybrid only. It will be the best-selling sedan in the US. They're making them in Kentucky.
Toyota's doing okay.I like Hybrids only if they are PHEV. The problem Toyota has is lack of leadership.
Did you know Toyota once owned 10% of TESLA? They sold it and said EV was not the future. Akin to the largest mistake the Japanese ever made...which was pulling back their armada post pearl harbor
That 10% ownership in Tesla would have given them :
1) 10% of $1 Trillion Market Cap of Tesla or $100 Billion
2) That 10% ownernship in Tesla is worth 25% of their own company as Toyota is worth only $400B market cap
3) Access to Tesla technology
4) Leaped all their competition
They Hybrid play is a consolation prize. But hopefully, the learned from their mistake
Talk about white-knuckle and pucker time…
Highly successful Toyota Hybrids predate Tesla EVs by 6 years, Toyota Hybrid technology seems to improve with every passing year... Tesla not so much.They Hybrid play is a consolation prize. But hopefully, the learned from their mistake
You won't be able to give away a Toyota hybrid by 2030.