is considering a reboot of its electric-car strategy to better compete in a booming market it has been slow to enter, and has halted some work on existing EV projects, four people with knowledge of the still-developing plans said.
As part of the review, Toyota is considering a successor to its EV-underpinning technology called e-TNGA, unveiled in 2019. That would allow Toyota to bring down costs, the people said. Toyota's planning had assumed demand for EVs would not take off for several decades, the four people said.
Only ten years late!
Tesla recalled 1 million cars due to battery issues. They also have tire issues. Tell me again why Tesla is so great
WholeMarsBlog 🥱
WholeMarsBlog Maybe bring down hydrogen car plans a few percentage lower. That will really help
WholeMarsBlog Everything is possible in theory, in reality it’s totally different think!!
WholeMarsBlog Just insert Tesla everywhere 🤡🤡
Toyota will be bankrupt or bailed out by the Japanese government by 2030. There's no way they make the transition.
Rewriting your business plan with 38 billion on the line. First plan sucked but 2nd one is better 🤣 👍🏽
Let Tesla be the rabbit. Toyota has a better brand rep by orders of magnitude. USA (& ROW) has a fraction of infrastructure required for mass EV use & I don't see Big Oil/Big Energy pivoting to Big EV Charging any time soon if ever. Car companies can't afford to build it either.
Smart move
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