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I still think we will move away from pure ICE in future. The naysayers and luddites will slowly be converted, but whether that will be BEV or something else, who knows.
I did like the way Toyota approached it. Not succumbing to the hype, but as usual being cautious in its approach and diversifying its strategies.
Yeah, I know, I'm a Toyota fanboy, but guess what, we're in a Lexus forum
The widespread shift in sentiment brings more automakers closer to the ethos of Toyota. Led by Chairman and former CEO Akio Toyoda, the world’s top-selling automaker has argued for years that a diversified lineup was the right strategy to meet all customer needs and reach its goal of being carbon-neutral by 2050.
The Japanese automaker is now expected to reap the benefits of its strategy, which includes hybrids, plug-in hybrids, EVs and hydrogen fuel cells.
“Toyota is almost completely absent from the [battery electric vehicle] market yet will gain more U.S. market share than any other car company this year. Let that sink in,” Morgan Stanley analyst Adam Jonas wrote in an investor note last week. “EVs may be ‘the future’ but are struggling in the present. Hybrid sales are growing 5x faster than EVs in the US.”
“Toyota is almost completely absent from the [battery electric vehicle] market yet will gain more U.S. market share than any other car company this year. Let that sink in,” Morgan Stanley analyst Adam Jonas wrote in an investor note last week. “EVs may be ‘the future’ but are struggling in the present.Hybrid sales are growing 5x faster than EVs in the US.”
It's called an Oxymoron. Toyota is apparently very good at them
That was a Morgan Stanley analyst saying that, not Toyota. He's head of their global auto research division. You guys are taking fanboyism to an extreme
That was a Morgan Stanley analyst saying that, not Toyota. He's head of their global auto research division. You guys are taking fanboyism to an extreme
Responding with insults personal attacks and labelling is definitely a sign one's arguments are not going well 🤣
That was a Morgan Stanley analyst saying that, not Toyota. He's head of their global auto research division. You guys are taking fanboyism to an extreme
Extreme fanboyism is saying hybrids are growing quickly and purposely leaving out the most important detail; they are replacing gas only versions. This means it costs Toyota more to produce the same number of vehicles.
Here is the reality of your beloved Toyota, they are anti EV and anti environment in general see for yourself https://lobbymap.org/company/Toyota-...Climate-Change
Only companies that lobby harder to keep using oil are oil companies.
I still think we will move away from pure ICE in future. The naysayers and luddites will slowly be converted, but whether that will be BEV or something else, who knows.
meanwhile bev sales continue to increase.
I did like the way Toyota approached it. Not succumbing to the hype, but as usual being cautious in its approach and diversifying its strategies.
toyota is not a cautious company. your prius is proof positive of that, they disrupted the market. what toyota does do besides making new car segments is aggressive attack and defend market segments they're in (smart), including massive the current ev FUD campaign. bottom line is it costs toyota/lexus more to make hybrids and phev's than ice vehicles so it's not great for them but they're in a trap. ev's WILL undercut their pricing (already is in many head to head comparisons). and if the chinese ever bring decent cheap ev's to the u.s., toyota will be in even bigger trouble, but right now they're riding the way of loyalty and FUD they're spinning.
reach its goal of being carbon-neutral by 2050.
younger buyers may not tolerate it taking toyota that long.
“Toyota is almost completely absent from the [battery electric vehicle] market yet will gain more U.S. market share than any other car company this year.
it will likely gain share because other traditional brands are weak in hybrid and/or ev's.
“EVs may be ‘the future’ but are struggling in the present. Hybrid sales are growing 5x faster than EVs in the US.”
not sure on the 5x, but as stated above, hybrids are in demand over ice and replacing old ice.
03-13-24, 11:02 AM
