this post was submitted on 28 Nov 2023
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Toyota is a bad bet when it comes to EVs.
They clearly have no interest in selling them.
I think they are just being very conservative on their lineup. They'll hold on to hybrids till they can absolutely rock the EV world. Technology that improves EVs generally improves hybrids also and they will just sell better because they are more flexible.
Well that's not going to work in Europe, where the EV mandates are hitting now. I guess it's Toyota's plan to cede one third of the world car market to European, Chinese and American manufacturers.
They've been openly working on new battery tech that's apparently going to change the entire industry. I'm pretty sure they have plenty of interest in selling them, they just don't have the tech they want for them yet.
Those types of announcements are their equivalent of Tesla's "full-self driving next year guys!" every year since like 2015?