Is Toyota late to EVs?

@Dav Rocket Just means they will have less and less customers.

Toyota: issues with electric cars are battery life and recharging time, that's why I don't want an electric car. Toyota knows its customer's needs. That's what you call customer service.

You do realize that if there is no electricity there are no gas pumps as well, correct? But you can easily add solar to any location for a fraction of the cost of a gas station -- not to mention running grid lines to such a location. And charging locations with solar and battery storage are beginning to ramp up everywhere, meaning those won't need a grid soon. Do you think Toyota has given even a moments thought regarding that? Good luck competing in those less developed locations 10 years from now where people can charge their vehicles with the sun they get plenty of every day.

@Darth Tyranus Except this time, Toyota didn't start before others. Instead, they are severely behind. Time is a luxury they don't have.

@Ava Having a counselor is essential for portfolio diversification. My advisor is Melissa Scott Glazner who is easily searchable and has extensive knowledge of the financial markets.

@Elizabeth O'Neil How can I reach out to this coach? because I'm seeking for a more effective investment approach How good is this person at portfolio diversification?

@Leo Jack You are right! I diversified my 450K portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above 1.3m in net profit across high dividend yield stocks, ETF and bonds during this red season.

I agree. It's kind of a stupid question asked by too many outlets.

Keep learning from your errors, success goes with failures, try to hire experts and above all be prayerful

This is not the first time I'm hearing about Catherine Woods and her trading exploits but I have no idea how to reach her

Small steps every day!

If you want to be successful have the mindset of the rich, spend less and invest more

No doubt her trading services are really great, I invested $5000 and cash out $14, 700 in just 3 weeks

@Chu2k They're still striving to move away from gasoline powered cars. They're simply dumping money into R&D in order to find a diverse portfolio of electrification (hydrogen, battery, solid state battery, and at one point solar).

​@Wayne Lewis We're not comparing smart phones with cars as they don't have any correlations. Smart phones have more versatility, usability and human interface. Cars do not require much versatility. It's application is solely used for transportation purposes.

How many non-smart phone companies continue to exist?

sounds reasonable to me...

@daniel halachev Actually, the core component of an EV is not much more complex, with cooling being the most complicated part. That's why a smartphone battery company is the biggest EV producer now. That is the whole point, EVs are simpler and easier to produce. And no, EVs do not lose half their charge or heat up dangerously. Consumers ARE choosing between EVs and ICE cars and EVs are growing fast. We don't have to talk since EVs are selling out everywhere already. The problem for Toyota is not that ICE cars are losing though, but they are not growing. The last thing a company wants to do is to be in a shrinking market. Unfortunately, fuel cell cars are also not selling.

@Jim my They're beginning to build chargers where people park, work, shop, etc. You can also charge at fast chargers. Not as convenient right now for people who live in apartments, but it's solvable.

@Jim my It'll take a good while, but eventually they'll go EV. They're way cheaper to run, especially in many African countries where fuel is very expensive. They'll charge when the electricity is available.

Still waiting on how these EV companies solve charging for all the apartment renters in CA. Just take an example apartment of 300 households and just give the all free EVs. Now where are they going to charge all 300 EVs?

@wemakecookie the cnbc video you say saw said 90% of Africa doesn’t have reliable electricity. Now you want them to go all EV? 😂😂😂

true...

​@R it's not about cost, it's about usability it requires 1-2 hrs to fully charge a battery with fast charger, think of 10 people in q for charging it's a night mare, since now you have only 5-6 percentage of Evs you are not yet facing this issues EVs are not feasible in the long run, read this comment exactly 3 years from now, you will have better understanding of what i m trying to say

@P C He's not wrong. Tesla's batteries cost a whole new car just to replace. I know because I work at the Tesla factory in Fremont, California

@Lee R True. However the problem with EVs is that many are never charged with renewable sources of electricity. So problems everywhere.

@Broken Robot yea so it proves my point at the end right,so for now enjoy the Gas car while you can

@R yrah, but the time you speak of for an EV to be cheaper than ICE to purchase is 10 years plus 😆

Exactly, anyone who knows anything about cars would know Toyota probably makes the most fuel efficient cars in any category. All these rating agencies look at is the overall electric car production, not the overall efficiency of the products. Ford who likes making gas guzzling vehicles should be rated the worst.

@mag steel "The city life I described growing up is what living in New York City is like." Actually, I took your descriptions as accurate. I've only ever visited (once) and yeah, it was readily apparent that life there would not be for me. Genuinely curious: I wonder what percentage of vehicle-traffic there has only one or two people in it, and what percentage is some sort of mass-transit... bus, elevated, whatever. I mean... a dense population coupled with moving people around on pavement, in steel cages carrying only one or two people just can't work, right? Especially when you have a traffice signal every what... 500 feet? And mix that with pedestrians? Pedestrians and vehicles (of any sort) should never (IMO) be moving on the same level. Especially someplace like NYC. The closest thing I have to subway experience would be trains in Tokyo, so my NYC subway "awareness" is limited to movies, news clips, etc, but I understand what you're saying about a desire to avoid them. That said, I've spent a stretch of my work life bussing about twelve miles (of mostly Interstate) commuting from a satellite city into the inner city I worked in. As all in-town traffic (especially having to mix/compete with cars), that would've been abyssmal. But you're right, I don't live in-town, and wouldn't, at least here in any major city in America... unless I lived within walking distance of virtually everything I needed to do. I guess what I'm asserting is that we (as a society) need to do three things: - Stop spewing crap into the air with pollution-based-vehicles (and garden tools and generators and on)... - Find a way to make (or perhaps re-design) our existing cities move people around safely and efficiently without stealing pointless commute-hours from their lives Cuz our effect on climate change sucks... and is quickly getting suckier.

@Roger Phelps time for your anxiety meds

@Roger Phelps no, here we have REAL elephants and my three tanks of petro per year are NOT an instrument for any kind of disaster at all.

Little emissions? You are ignoring the elephant in the room, carbon dioxide. Your car is an instrument for climate disaster.

@LeRoy Bartell actually it covers the im not dumb enough to deal with weak EV infastructure market, or its the "i live in a cold climate and evs are trash here" market, or the "i do a lot of road trips and 220 miles and 60=90 min charge times are dumb market

It covers the "afraid to go electric" market

most people really dont care about carbon emissions when compared to their wallet, and their convenience. im not paying 2X for an inconvenient vehicle thats not going to save me money in the long run over a hybrid. or worse 10X for a new vehicle over a cheap reliable all ICE car that wont need any massive repairs very often.

@Wayne Lewis VM is way different than Toyota. Besides their own EVs, they own many brands that feature full EVs -- Audi, Porsche, etc. Of all the legacy auto manufacturers, they are second only to the Hyundai/Kia/Genesis group as far as EV innovation and ramp up is concerned.

That's an interesting way of putting it, but Toyota didn't dive in because they are not interested in electric vehicles. They are trying to find a way to push their hydrogen fuel cell vehicle but there is a problem. There is no nationwide support for hydrogen fuel stations. They get a new CEO that's completely back peddled and will go all in. Remember what happened to Nokia, blackberry HTC and other companies that didn't change. The end result they will fall from grace or will not be here in 5-10 more years.

Pollution based vehicles eh? As long as EVs don't make pollution in developed countries, it's ok to shift it to the impoverished ones, stripping them of their resources. I don't think there will be a one size fits all solution. I can't imagine a farmer in rural Kansas has time to wait for their tractor to charge when the amount of work leaves little room for down time.

@Dynasty "you're saying is an average Joe car shop wouldn't know how to" With no reference from you about what comment of mine you're talking about, I'm gonna guess that it's the one where I called b.s. on your having seen "so many Teslas at one of the local car repair shops near where I work". That about right? I'll resist the temptation to echo your "numbnutz", though you clearly don't know what you're talking about. EVs *aren't* just another car, but they don't have to be spaceships to be totally significantly unlike the legacy autos most mechanics can work on practically blind-folded. A mechanic who's honed his skills on making the engine in, say, 911s sing is gonna open up a Taycan and pretty much say wtf. Being able to troubleshoot an ICE vehicle to determine why the lights won't come on, or why the electonic injectors are mis-behaving, etc... *is* gonna be different from tackling the high-voltage (and dangerous) systems associated with the charging, battery conditioning, power delivery, etc of an average EV. *Can* an ICE vehicle mechanic acquire the specialized knowledge to work on those? Of course. In much the same way he or she acquired some of the more specific knowledge required to work on various "new and different" ICE vechicle systems over the years: Training. But if you saw a single - even one - Tesla at some random shop near you, I'll repeat that it's *real* hard to imagine that that would've been for anything more than windshield work, tire change, maybe brakes, etc... all the vanilla stuff that *is* common to both EVs and ICE vehicles. That, or they had a Tesla-trained mechanic at the shop.

@Dynasty "failing batteries alone will create issues in the industry going forward" That's certainly an issue to be addressed. Then there's the massive climate change impact of fossil-fuel use (in all of its forms), which we desparately need to abandon in its entirety.

@StreetFighter2116 Good thing you don't have to have water pots on your head then. :D

@StreetFighter2116 Lol, you wanted it cheap. Exactly which brand new Toyota is $5K? Remember, used EVs go even cheaper, so don't say used Toyota are cheap. EV drivetrains are also inherently more reliable since they have very few moving parts, with far less maintenance required.

@StreetFighter2116 Wuling EV Mini is about $5K. But long before it, even cheaper low speed EVs were popular in China. And long before that, electric bikes and scooters were popular. You really have no cheaper choice than EVs if you want to go faster or get more protection from the elements than a bicycle. Of course, a bicycle is really a better choice if you don't need to go that fast, but didn't want to walk. BTW, no, not everyone needs to use EVs, they can walk, bike or take public transits. Those are all preferable to EVs, especially long range western EVs which are wasteful and oftentimes unnecessary.

@A.S. "So my 100k investment pretty much allows me to live rent free." That's indeed an interesting take on how to allocate funds...

@Patrick Sweeney Many people live in the big city where homes cost 1 million plus.

@Z Indeed. I have no idea what it will actually take to peel back the ever-increasing power and influence that corporations have in the world. Perhaps we could start by a) removing the absurd and obscene classification of corporations as people, and b) changing their charters to include public and environmental considerations before profit. (chuckling) Conducting business as if humanity matters.

@fridge magnet That is the point, EVs are lot less complex. When you talk about Toyota quality, it's really about the most complex part of the car. Toyota has its share of problems from paint to rear view mirrors, but as long as the drivetrain is solid, it's worth the other cost cuttings. And it's very hard to get the ICE drivetrain reliable as it is very complex with tons of moving parts. EVs changed that. Now it's basically a smart phone on wheels. Most problems are app issues, the drivetrain for most EV builders nowadays are fairly solid since there's nothing to it. That is why there are so many Chinese EV makers yet they still don't know how to build good ICE engines. I have no doubt Toyota WILL build the best EVs, but drivetrain quality discrepancies will be small. When the barrier of entrance to a market suddenly drops, older companies are at a disadvantage. Newer companies don't have the pensions, debts, old factories, conservative executives etc... It also means innovations will be a lot faster. I guess we will see, but unless Toyota catch up soon, their stock valuation will be low as they don't have much to grow, but a lot to lose.

@W Gemini can't compare a the smartphone industry to the vehicle industry, an automobile is far more complex and has a longer lifespan, a company who's not cautious will get into a trouble, like seen in the over ambitious self driving feature on tesla. Toyota makes the best vehicles and in a few years will make the best evs, Toyota is in fact one of the most advanced car companies out there. It's not that they shunning the industry they just realist.

Toyota will be Nokia of automobiles, if they keep going this way.

@fridge magnet So was Nokia. EVs are making renovations much faster in the car industry (because the drivetrain is inherently simple and reliable). Toyota is being "conservative" and being left behind. In a certain degree, all traditional car companies have been slow to adapt.

the thumbnail for the video says Toyota is "restisting", not "resisting" (whatever that means)

​@gokul a pillai EVs can catch on fire too. And it's almost impossible to extinguish an EV Batterie fire.

@gokul a pillai Gasoline? Sure.

They don’t shoot flames , they burst into flames 💀💀

@W Gemini As myself and others have stated, not every apartment building even has a garage or dedicated parking space. It simply is not possible for certain kinds of buildings to do this because they don't accommodate cars to begin with.

1) Apartment will install chargers or people would move. 2) EVs are charged during off peak hours, which is good for the grid. 3) No, they don't.

@Jason Laboy thanks, said hybrid’s that’s what I was addressing.

@Marcos Gazamanes a plug in can go 60 miles or so, regular hybrid doesn't.

Prius Prime has a pure EV range of 25 miles. RAV4 prime is 40. Personally, I'd rather use it in hybrid mode. You can get more than 100 mpg-e.

Hybrids don’t even do a mile in full electric only, the engine doesn’t doesn’t weigh as much as you think, batteries also weigh a whole lot.

Most hybrids do 60 miles on a full charge but of course you are dragging around a ICE engine and the rest of the weight so it is an expensive option if you want to save money.

@Max Jacoby In their culture? What part of their culture is that?

Exactly, people genuinely believe the "world" as they called is just US and Europe, Toyota knows their market. Even for me I moved to the Netherlands and have to buy a car, I thought going electric but I found short range cars with too high prices (above 30K) so I ended up with my classic small Toyota, great economy and great price (11K). I know if Toyota goes electric it's going to be an easy to charge, affordable, reliable, safe and comfortable car.

They are japanese. It is in their culture to reluctantly accept anything new.

YES, this is why Toyota is #1. They arent following the EV crowd. Their analyst see the same concerns the general public has and that were not ready for all EVs.

Don't fall for these types of comment guys, these are scammers lol.

Oh

@James Marcus Most of this successful people seek the knowledge and experience of Professionals who help them tackle issues relating to wealth management and growth but might claim to achieve success themselves without any help.

@Mike Muller You're absolutely right.

Cryptocurrency has plenty of opportunities to earn a decent payout, with the right skills and proper understanding of how the market works.

Depends on your usage. Short range commute EVs have been selling very well in China. EVs have lower running cost and lower maintenance cost as well.

because some people still buy it with high price , remember one Tesla sold is eight times more profit than Toyota

True, but what new development is needed for the ICE? why is toyota not figuring out how to make a more affordable hybrid?

Where I live I used to be able to buy small EV's for around 20K Eur a couple of years back. Now those models are not manufactured anymore and the prices even for smaller EV's are at least 35-40K Eur. The next best thing is probably a used Hybrid. As long as that is the case I am not buying a new EV.

Though my 2016 VW e-Golf has a short range it has been the best car I've ever owned. And I've owned more than a dozen cars foreign and domestic. For the last 5 years only 2 tires, several wiper blades and windshield washer fluid. Fueling costs (electricity) is 4.2 cents/kWh and I get 4.2 miles/kW= 1 cent/mile. Beat that fossil fuelers.

@Xong you’re totally right the largest share on the planet is Toyota no wonder they run out of vehicles

@Xong 🤣🤣🤡🤡

Why Toyota is so popular that is always in a state of shortage

@Jim my there is that much hype on the BEV market that Citroën have decided to start re-selling their petrol and diesel versions of their Berlingo passengers carrying vans as the electric version they placed their bets on being popular isn't as popular as it seems. Just drove past a Porsche dealer near where I live here in the UK and an awful lot of Taycans are on the used car lot area.

Toyota is just saying the market is telling them people still prefer non BEV. If the market says 100% BEV, they’ll go there. It’s just so much hype on BEV.

Yeah, Toyota does offer tons of hybrids. Like the documentary mentions at 5:10 they've got them in tonnes of different sizes. I guess that helps them keep up on electric tech without changing everything out for dedicated electric!

(chuckling) I'm on the other side of the fence regarding hybrids, but when I decided to abandon pollution-based vehicles in 2019, I was similarly sad. After decades of being a huge fan of Honda tech and quality, and buying used Honda after used Honda after used Honda (cuz they last forever) Honda had no EV to offer me. Honda *so* let us down in that way. Borrowed enough to make my son's eyes roll, and bought a Tesla. I'll probably never look back or buy anything else... or at least never buy from a company trying to perpetuate pollution-based vehicles while feigning an interest in EVs.

I don't like to change at work. I get dressed at home

@William Erazo You read about that at all? Because he still works for Toyota, and it’s not like they replaced him with an all electric aficionado… The replaced him with the head of Gazoo Racing, you know, Toyota’s majority ICE based racing division? Based on what they’ve said, Toyota wants to expand and become more than just a car company, they want to become a transportation company, what that entails I don’t know, but a transition in the head of the company doesn’t necessarily mean it’s in dire straights.

@Griffin S they doing so fine that they fired there ceo

@William Erazo They’re the second biggest car manufacturer in the world, they’re doing just fine despite not offering a ton of EVs.

Inconvenient truth!

They ignore the very thing that power battery.

And also mining lithium is as bad on the environment. Imagine the amount of lithium that has to be mined to electrify all the vehicles in the world. It is insane. They have to come up with some other options. They should pump more resources in perfecting the hydrogen technology, that's the only sustainable technology I see at this point. All these battery Tesla nonsense is really not sustainable in the long run.

@Griffin S "Not true at all..." *What* isn't true at all? Given how lame threading is in YT, you need to at least minimally quote a reference if you want a comment to be coherent.

@Jacob Carlson Your right, except your taking that entirely out of context, the amount of cobalt and lithium needed for world wide electrification is monstrous in comparison to the amount used in the refining of gasoline. Then on top of that your still ignoring the fact that there are many countries that don’t have the power grids capable of sustaining full electrification… EVs are not the ONLY solution, there are other options worth researching, and the fact that Toyota is researching said options like hydrogen is a good thing.

@Patrick Sweeney Not true at all, in fact BMW made a deal to give Toyota the engineering for the Z4 in exchange for Toyota’s hydrogen electric technology. You need to do more research before decrying something.

@205 rider Source?!

@205 rider batteries are not even recyclable. They don’t have any biodegradable material. EV recycling will be a huge market because of the problems from all of the EV materials

Heavy machinery like excavators, bulldozers and large dump trucks can't run on battery's, hydrogen development will continue along side electric.

@Griffin SGovernments are mandating EVs, not pushing for them . They are saying that companies MUST make them. They are even outlawing gas powered cars. And you know damn well Tesla wouldn’t exist without subsidies .

@Roger Phelps Not true at all.

@john teeter It’s a market shift, yes the governments are pushing for it but so are manufacturers thanks to Tesla… But keep supporting Toyota and we’ll see what happens.

Self charging hybrids do practically nothing to reduce CO2 emissions.

Are EVs really popular ? Seems they are being forced on us.

@Van Rozay, dream on, the infrastructure is not even close to being ready. Toyota knows what they are doing unlike the other buffoons. We have one operating nickel mine in America that is near its end of life and one lithium mine, yea, we are really ready for an EV boom 😂

@Van Rozay Nope, there will always be gas vehicles whether we like it or not, however we will continue to see a decline in gas powered vehicles being produced.

Since there will be price parity between EVs and ICE cars within a couple of years your statement that working class people can't afford any car.

@Van Rozay 😂😂😂😂😂

@Ryan M And we will still go for used Camry, Civic or Corolla with 200k miles and still run better than new Tesla.

Rav4 prime is much superior, and you can even drive it only in electric for short commutes

I have a Leaf and a new Hybrid RAV. Both are awesome equally.

@Mediocrates "unsurprisingly vague" Love it. lol. Certainly worth looking into.

@Patrick Sweeney I could be wrong on the materials they're using but I think they're focusing on lithium-sulfur. The articles I've read have been unsurprisingly vague but sulfur does get mentioned with TM/Panasonic.

@Mediocrates SS Lithium batteries. That sounds a) like a *very* odd combination, and b) roughly analagous to a hybrid car. Yet another thing to learn more about, though. sigh

@Lo It's hard to imagine why SS batteries *wouldn't* be part of our future, but I'll admit that that's just on a gut level. I mean, silicon is at the core of virtually every tech we use, right? As for Redwood Materials (whom I admire immensely), why would they... at this point? But I agree that Toyota hardly seems like a candidate for leading a path forward to SS adoption. That said, I'm now curious about your SES reference. Have to check that out.

@mojozepeda No idea what you’re taking about, as what you just said is simply false. Interestingly enough, you aren’t trashing Toyota for building the b💤4X in such a way that they weren’t even confident that the wheels would stay on. Now *that* is a real issue, not the steering wheel nonsense that you conjured up.

You have been conned by fossil fuel interests. Very little carbon and pollution is generated by lithium ion battery manufacturing. In fact EVs pull ahead of ICE cars after only a few thousand miles.

Genuine dinosaur more like. Everyone's next vehicle has to be 100% EV if we have ANY chance to slow climate change.

Well. He's gone.

yes. system thinking and good urban planning

@Be Low Below Eisenhower foreshadowed that in his parting speech as president. Did we listen...? nope.

@pete smitt "...modern urban infrastructure has been centred on motor vehicles..." Indeed, and was very actively pushed by the auto industry, to create that very dependency.

Tell that to americans. They would rather drive two blocks for groceries than walk 5mins and come back.

@Greg Ripplinger I agree that apart from range and charging, electric cars are generally better from a consumer standpoint. However, the heaviness and fundamental unsustainiblity of batteries including human rights violations mining for theie components means I only support small EV's, we need a different solution for anything bigger than a four-seater

🤣🤣🤣🤡🤡🤡

@Griffin S Yes, I' meant Tesla has sold millions total, growing about 40% annually. So 1.3 million last year, 1.8 million this year, 2.5 million next year, etc. In five years, Tesla will be bigger than Toyota.

@Griffin S the EU, UK and California governments for starters. I tried posting the links but it keeps getting deleted.

@Andrew Charles Source?

@Griffin S no, it's the engines that are being banned. That includes hybrids. That's why Toyota is so upset.

@MrXtraconservative That is not even close to the truth, all EV car company stock prices saw a flood of support as investors saw it as a chance to make a lot of money, look at Rivian for god’s sake, they were worth more than Ford before they even produced a single car. Do not try to equate stock value to product quality they are not intrinsically linked.

Depends on your use case and where you are really

So u r saying everyone should have 3 or 4 cars?? Lol sure. Send me the money.

@Mello Proto 3 to 6 months. Go for a drive on the highway every few months 😁

Only problem is stale gas

true

@ahogQ Toyoda left the group

@Griffin S Yeah it strikes me how theres so many people who think that this is the end of Toyota just cause theyre taking longer than startups and other smaller manufatuers to get into the game. People dont realize that While EV's are more simple systems its a whole other can of worms to integrate. ICE cars will still outsell EV's globally for probably another decade still. The entire market wont be fully EV's for a long long time.

@yuesheng zhao Sure man I’ll take you at your word 🤪

@Griffin S There isn't really any meaningful competition with Tesla other than BYD (who I think will be the volume leader). Rivian, Lucid, GM, Ford and others, make a fraction of what Tesla makes, both in sales volume, margin and profits. They are all struggling to make the EVs they make, even Ford just yesterday stated that it won't be profitable until 2nd Gen of their EV lineup. What many Legacy Auto Makers are starting to realize, is that EVs require a different skill set than what they have in their system. Lucid is really struggling on all levels and may not survive (you heard it here first). Rivian will make it, but they won't be a threat to anyone for sometime. They are struggling to make vehicles and have their technology work. The other big problem for Rivian is is costs, it is really hard to control costs, while developing the company. As for Tesla and their stock price, they have a lot of runway. The company has high margins, vertically integrated, strong demand and outstanding technology. More importantly they are nimble and have a diverse product offering. In fact Tesla's Energy Business is about to shock the market in the next little while. Tesla Energy has a 2 Year back log and growing. Tesla can Make a $2 Million Megapack in minutes. This is a crucial item for Renewable energy and 1 of many products Tesla will be releasing. In terms of EV adoption, we have just passed the "First adaptors" stage and are starting to enter the Mainstream. This is where it will get interesting, because no one other than Tesla and BYD are setup for Mass Production. Most are not planning it till 2027, that gives Tesla / BYD 5 years of free air. When investing in any company, it isn't where the stock has been that matters, it is where the stock is going!!!!

@Griffin S OK, we have a little misunderstanding. When I say that Toyota is running out of time, that isn't an opinion I came up with. Toyota feels that they are running out of time, in the sense that they are slipping behind the other competitors. You are totally correct that they need ICE sales to fund their transition, no one is questioning that. What I was questioning was their strategy, which is putting them in a weaker position. Some at Toyota have stated that EV adoption happened much faster than they thought was possible. Secondly, they thought that other options would be given equal influence, but BEV had dominated the market. Fuel Cell which was their alternative is dying a slow and painful death. They put much energy into it to try and keep it alive but it is on life support. Then they thought they could leap frog the competition in BEVs with a Moonshot... Solid State Batteries, this was also a miscalculation because the technology will take much more time and may not be cost competitive with existing Batteries. Next Toyota realized that BEVs require a completely different platform than ICE and that set them back even more. Let's not forget that Toyota is the most in debt company in the World, so it is in a tricky position. Then it has a huge workforce that will need to retrained and will need to move on, this is a huge undertaking... even for an adapt company like Toyota. Now all this is happening while companies like Tesla and BYD are gaining strength day after day. To be specific about timing and why I feel they are running out of time, is that their planning for the future, will not meet the numbers that Tesla is making today. You see there is a deadline 2035. There are a few countries that plan to ban New ICE sales by 2035. I know this may be fancy on their part, but EV adoption may make it so that a Ban isn't needed, the consumer will talk with their $$$.

buy plug in RAV4 almost the same and u dont have to worry about charging it all the time in case if u were in middle of no where! Toyota knows what they r doing they dont just go with the flow likw Ford and GM

@mojozepeda lol... I have no illusions regarding any significance to Honda about my reluctant departure from the ranks of long-standing, delighted owners. I just think it's really unfortunate that they ceded so much ground to others by dragging their feet on bringing out an actual EV. From a sentimental standpoint, though, I do hope they pull their collective heads out soon enough to be a player in the EV market. They have the talent... but the will...?

@Patrick Sweeney oh no!! How will Honda ever survive without you as a customer? I’m going to sell all my shares in Honda before they go bankrupt.

As a decades-long Honda lover (for reasons of reliability and general engineering talent), I waited for the longest time for Honda to bring out an EV. And waited. And waited. And waited. For... twenty years, maybe? I finally gave up and bought a car from a company devoted to just EVs: Tesla. Honda lost their opportunity, and (in me) lost a decades-long loyal customer. We'll see how Toyota fares.

They would be if they can produce enough.

You should take a look at the repair records it's almost like they don't know how to build a plug-in hybrid. Hybrids are fine but the plug in ones have many issues

@pbreedu doesn't matter its super efficient than anything out there. They were the first company to worry about climate and were first to bring Hybrids to the markets.

@pbreedu burn that dinosaur juice bro

I agree 100%

@St Gray It made sense from the actual definition. Take Care

@J Snow Wow dude, where did that lot come from? I thought we were just chatting here. I'm glad that you're happy with you vehicle but your original post didn't make a whole lot of sense and I responded. That's all. I didn't make any special requests and I don't have any concerns. Bye.

@St Gray It is a free world, you can do whatever you like. Just pointing out that was the correct definition. I typically do not follow other people's made up definitions but I will try to accommodate you next time so I do not hurt your feelings. Do you have special pronouns as well? No, I was not expecting any major problems but in that time I got a pretty good idea about the build quality. I also researched long term reliability before I bought it and Toyota ranked near or at the top in most categories. I drive my cars until the wheels fall off and my two previous Infinity's both had major issues at around 150k. If you have any other special requests or concerns, feel free to list them

@J Snow Personally I would probably start calling things "a few" as more than 3 and less than 10 but I agree that it's a very in exact definition. But your original post implied you had the vehicle for somewhat less than most peoples idea of a few years. To expand on your original and clarified post, your point seems to be that you have not had any significant problems with the vehicle in a little more than 2 years of ownership. What problems were you expecting the have in that time?

@St Gray If you want to be technical lol How many is considered to be a few? How many is a few? A few is generally considered to mean between two and several. Some people use a few to mean around three, but this is not a universal interpretation. Its meaning is highly relative to the context-it often depends on what's being discussed, especially the scale and expectations.Apr 12, 2022

@Jason Laboy exactly, couldn't agree more. For most people, a daily driver EV with 250 miles is all right

They are great for the 10% of people who drive long distances a lot.

@balleraap007 Wow, thats amazing. Wonder who actually goes 500 miles daily. Thats right, nearly nobody. Read my comment, to most people 250 miles is good enough. But have fun paying for gas I guess, I do know the peril lol. I own an EV and two ICE vehicles and right now, im using my EV more and more.

@dzcav3 If you have a tesla model 3, supercharging should get your car out in about 45 minutes, maybe 1 hr. The cool thing is, Teslas are really smart and the car will tell you how long you need to stay at the supercharger, what stalls will be available, itll obviously route you to superchargers and will do pretty much all of the planning for you. Youre never gonna find yourself in a situation where the car is dead unless youre really trying to run down the battery till its flat. Basically if you want a road trip EV, id suggest getting a tesla, but there are other great alternatives with long ranges. But for a daily car, something like a nissan leaf should offer good enough range.

@dzcav3 On a really cold day, the worst case scenario is 220 miles. Youll most likely get 250-300 miles unless your 1000 mile road trip takes place in iceland or russia. Believe it or not, cold range also affects gas cars too actually, some gasoline vehicles get up to 30% less range, this isnt something that only affects EVs. I mentioned it and ill mention it again the vast majority of people dont drive 220 miles day in and day out. So even worst case scenario of 220 miles, for a daily vehicle you should be good.

My Skoda Enyaq had no government subsidy.

EV incentives have now been stopped in the UK and reduced dramatically in most European countries.

hybrid makes sense, electric is idiotic

@V8 (screw electric cars) " in fact some actually clean air " Well, you're correct in thinking that I'd never heard *that* claim before. Ok, I'll bite... wanna suggest a reference to suppor that one? Cuz yeah, even thought it's not the 40s, it's amazing that we're *still* driving pollution-based-vehicles (PBVs).

@Patrick Sweeney You know nothing about cars, modern cars are very clean in fact some actually clean air that's how clean they have become, it's not 1940s anymore.

@V8 (screw electric cars) No time soon, sure, not as pods, anyway. But we absolutely need to get out of pollution-based-vechicles (PBVs). We're royally screwing ourselves over with those.

mobility company? so we're going to all ride in electric pods now lol no thanks

@Patrick Sweeney Toyota sold 10.5 million cars last year (2022) so they're providing what their customers want for now. The EV market, while growing, is still undergoing a need for better infrastructure and overall lower costs. Toyota I think has this pragmatic look at BEVs but realizes that their platform doesn't have the cost benefits of Tesla's so they'll benchmark Tesla to see at least some of what can bring their platform's cost down. But their mutli-platform choices are a good idea IMO. I think Toyota remains near a top player but they may not offer the leading stats or the most competitive stats on BEVs until late in the decade. But their reputation for quality, durability and reliability have a lot of car buyers sold on the brand. The one thing they have to look at is maintenance cost of the hybrids vs. BEVs. If it is lower on BEVS, then they'll need to think of ramping those BEVs up.

This video is a joke.

@Pete1261 so 1776

@SSD none of this is true. Lithium is a common element on Earth and batteries can be very easily recycled and are already being recycled. EVs are carbon lighter than an ICE car after less than a year.

@Nikos Balakos While Ford and others are getting out of cars due to profitability problems Big T is getting better. The world's biggest and best will yet come out with breakthrough technology while CNBC hasta go back to KG to get their spelling right. Doubt whether CNBC has its finger on the pulse of the industry or emerging technology.

no, and I would like to enforce my opinion by educating you with: -the fact that we can't dispose lithium batteries, nor can they biodegrade -lithium mining is horrible for the environment and is beyond dangerous -the production of electric cars is worse for environment than gas vehicles -we don't have enough lithium on this planet for everyone to have an EV and on average, a tesla is only 30% better for the environment than a Honda civic in terms of emissions (since we still emit gas when we charge them)

Clearly you are tottally clueless. The Mirai is a total failure. Sales are paltry and no wonder when the energy efficiency is even worse than ICE cars.

@Brian H Ah. Ok. Pretty much agree with everything you said. Although I do believe that Tesla (and probably at least a *few* other EV makers) are actively interested in evolving battery tech to be able to support the need. I'm thinkin' solid-state rather than hydrogen, myself. Although, hell... even the sand supply (for chips) is becoming an issue, right? ugh

@Patrick Sweeney Hardly. If I could have influenced how we built cities in the USA I would have recommended that we not focus on building cars and highways but mass transit. At this point the US is kind of stuck with what we have for now - suburban sprawl, interstates, airplanes, and a distinct lack of viable high-speed rail. That being said, switching to vehicles that don't cause as much pollution is necessary. I was an early adopter of electric vehicles but I think our current battery tech is lacking. All the vehicles being replaced with EVs using lithium batteries is impractical and at some point not going to be economically viable either. I don't think that we have exhausted the different options for battery technologies or hydrogen based vehicles. There are probably other technologies that will become available. I just think that every car company building lithium battery vehicles isn't going to do it.

"I think that car companies need to focus on multiple options." That's an interesting perspective, and I get it. Soooooo.... Over the last however-many decades, did you also make that case (even if only to yourself) regarding all the legacy auto-makers almost religiously focusing exclusively on pollution-based engines?

and advised them against investing and trading forex while the wise ones kept investing and growing higher financially.

Do you know that Most people remain poor only because friends and relatives discouraged.

it has helped me greatly I thought the were not real but I will now boldly testify,

Thanks to you all for your testimonies,

@Roger Phelps Source? Otherwise shut up with the blatant misinformation

Wrong. LIthium is plentiful. You only need a few kg per car anyway.

@Daniel B Doesn’t matter, we still don’t have enough of it to begin with even if we recycle all of it that we aren’t currently using… We need to find ALOT more in order to continue this trend and that’s not going to be easy, or good for the earth either… It’s the ultimate double edged sword.

Unfortunately, it seems no one wants to discuss this or the massive impact this creates. “O it’s so Green” they say because people think whatever power comes out of their plug (which might be fossil fuel at a plant) is cleaner than the fossil fuel in their existing vehicle, and they do not account for the lithium storage device within the vehicle itself.

Lithium recycling tech has not caught up on an industrial scale. Smart move if you have a diverse tech portfolio.

@AllthingsRocco 😆😆😆

@Amos Batto yea Europe sounds well thought vs here in NA. Just did some research and your correct. Canada way almost have the same infrastructure as India and US is not even in the Top 5. China is far ahead. Wow.

@sizzlacalunjijust have a full meal every 2-3 hours of driving..😂

@sizzlacalunji , If you live in the US or Canada, only Tesla is recommended for long distance driving because the CCS network isn't very reliable and there aren't enough stations along the highways. In Europe, CCS charging is much better.

@sizzlacalunji yeah, for those longer trips, especially to or through places where you're not all that familiar some planning makes a lot of sense and will make the trip a lot more enjoyable. But that goes for all longer roadtrips as well I reckon. A lot of high power chargers, at least in Europe are placed close to restaurants or similar setups where food is available, but not all of them. Using a tool such as a better route planner aids a lot

Verena Küchler Same here, a total transformations of $4000 to a $15,400 in just 2 weeks, he's really the best!!

@Dick Pick "Gas cost is low" does not qualify as a car-specific claim. Gas cost will vary significantly with location, even if one is comparing it to the cost of electricity. Might you want to re-think / re-phrase your response?

@Patrick Sweeney He's talking about the car, not the actual prices in any set country.

"Gas cost is low" Um... in what country... or... what Reality?

@The Spectator Good question. First, like all Japanese companies, they pay their workers small salaries but expect them to work insanely long hours. But that is country-wide. More specifically, Toyota price gouges ALL of their suppliers. They are like Wal-Mart, take it or leave it. But they create one major supplier with 2 or 3 minor suppliers and then threaten the major to basically make no profit with the prices and if they don't agree they will drop them and promote the secondary supplier who doesn't realize the literal spider web they are being trapped in. And for the record, no, Nissan, Mistubushi, or Honda or any of the others don't do this. And the profits simply go to padding Toyota's profit statement. It goes to how you do business. Toyota is the kind that takes capitalism to the extreme where they would sell the rope to hang themselves with. I could give many examples, but another one is national holidays. Toyota doesn't recognize many of them and claims they give their employees longer vacation time, except the don't. On average, they give way less during New Years and pressure many employees not to use their vacation days. Toyota is located in the center of Japan and controls much of the middle economy which is part of the reason why the region does so poorly economically.

@Dick Pick Why is Toyota a terrible company to do business with and work for? From a consumer standpoint, they are great, but I may not be privy to certain things they do with employees.

...clicking thumbs-up on the "can only wait for so long" observation.