Toyota’s strategy for the last many years:
“We’re going to release a breakthrough EV in the kind of near future. Don’t buy an EV now” (instead keep buying our ICE vehicles!)
Getting very old at this point.
“We’re going to release a breakthrough EV in the kind of near future. Don’t buy an EV now” (instead keep buying our ICE vehicles!)
Getting very old at this point.
Toyota had record sales of 11.2 million in 2023. They're on track to set another sales record in 2025:
https://www.autoblog.com/news/nearly-900000-cars-sold-toyota...
It was to stop people buying other EVs.
https://www.toyota-europe.com/news/2022/prototype-corolla-cr...
Toyota's big enough that they can try everything. It isn't a conspiracy.
I have never seen a hydrogen filling station.
The amount of infrastructure required to build out a hydrogen filling network is astronomical, and it has absolutely no chance of working. They’re just saying random stuff so you don’t buy an EV today.
If you don't want to build infrastructure then the easy solution is to stick with petroleum. That infrastructure is already built out.
> They’re just saying random stuff
No, they're doing research and development.
> so you don’t buy an EV
Toyota's a big car company. Toyota sells lots of different cars.
Toyota sells BEVs. You can buy a Toyota BEV right now.
- When they make announcements about a new supercar they're going to make, it's not to stop you from buying a Lambo. Car companies have to be seen to be working on something new; it generates PR, which generates goodwill, advertises the brand, and helps buoy the stock price.
- Buy an ICE vehicle now because they might make an EV later? Why not buy an EV now and then buy Toyota's EV later? Either way you're buying two cars??
They’re making announcements about something they hope they can invent, but that doesn’t exist. They’re telling you to hold off on purchasing today.
Almost all of the EVs are losing big money, bilions.
Even from a moral highground, the world is in no shortage of EVs, and they do sell PHEVs.
Whether they can smoothly transition to a full BEV future, that's another story, nobody knows.
They could very well have a full decade of gas car gold rush ahead.
But it's a Chinese company's platform they build on with Chinese batteries.
Kind of embarrassing really, that even when they sell EVs they can't build them.
The best selling vehicle in the US is the RAV4, and not any EV.
You may be technically right because our policy is idiotic, and the chances of this happening unde the bush administration was zero.
But don't pretend this is some optimal engineering formula you've reduced in an economic journal.
It's also not straightforward (in the US at least) to replace gas taxes with electricity taxes. Electricity is a utility, while gasoline is a good. You can tax goods very easily. Taxing utilities, especially when it comes to "I'm only taxing THIS type of electricity tax" directly violates utility carrier regulations. We had a whole argument over net neutrality, and the foundation of the argument was literally "could you imagine if we charged electricity this way??"
So maybe you could do it with registration fees, but that's going to be MUCH harder on lower-income people. It's simple to pay a $.15 tax on your gas tank. It's very difficult to pay an extra $75 on your registration.
You're throwing out the EV fud list straight from the oil companies. You either don't understand hybrid vs Phev vs EV or are being mendacious
† https://www.motortrend.com/news/toyota-akio-toyoda-electric-...