it could but a Camry hybrid is what? 52 mpg? while a Tesla model y is 126 mpg equivalent.
I don’t trust its reliability – the Tesla – and I also loath the Tesla owners, so I’ll keep my ol’ reliable corolla hatchback for 2 days while the Tesla will be on the weekend uber days.
They do not have a serious BEV product. I do think they could probably put one together in a pinch, but they aren’t positioned if they’re suddenly was a huge shift in market demand (like, heaven forbid, a world war in the Middle East or something).
The USA is a net exporter of oil these days due to fracking and oil shale, market conditions are very different to when OPEC controlled the entire market
yeah, oil market is really complicated, we sell and buy back and resell and rebuy and stockpile and pull from the stockpile and cycle in and out and all kinds of other bullshit, it’s really fuckin stupid tbh
I think they knew the demand is gonna start weakening or that they have to play the long game to catch up to Tesla. With this news, its clear they did a good job anticipating it. Now its a matter of time if they can catch up eventually to BEV.
I have to wonder where the Japanese OEMs would be if they hadn’t wasted billions and a decade or more chasing hydrogen which at this point from the user refueling end combines the drawbacks of gas and electric with the advantages of neither.
They didn’t put all their eggs in one basket, they’ve still got a couple different types of hybrids AND regular gas cars AND are starting to come out with battery EVs like the BZ4X or whatever cat-across-the-keyboard thing they named it. That’s at least three baskets!
damn so Toyota actually made a good decision not to announce putting all their egg in one basket
60k miles per year is a lot. Would a hybrid serve you better for longer trips?
it could but a Camry hybrid is what? 52 mpg? while a Tesla model y is 126 mpg equivalent.
I don’t trust its reliability – the Tesla – and I also loath the Tesla owners, so I’ll keep my ol’ reliable corolla hatchback for 2 days while the Tesla will be on the weekend uber days.
It averages out 165 miles per day. They could be an Uber driver or something. Within range of most EVs
That’s if you do combined city and highway driving. 165 miles is pushing it if you’re doing highway only.
they play the long game, it’s been working out well for them
They still put their eggs in one basket. Hybrids.
They do not have a serious BEV product. I do think they could probably put one together in a pinch, but they aren’t positioned if they’re suddenly was a huge shift in market demand (like, heaven forbid, a world war in the Middle East or something).
The USA is a net exporter of oil these days due to fracking and oil shale, market conditions are very different to when OPEC controlled the entire market
Yet our prices are still determined by the global price.
yeah, oil market is really complicated, we sell and buy back and resell and rebuy and stockpile and pull from the stockpile and cycle in and out and all kinds of other bullshit, it’s really fuckin stupid tbh
They are relying on the Chinese to build their BEVs in China where they have already lost about 10% of their market share and dropping rapidly.
I think they knew the demand is gonna start weakening or that they have to play the long game to catch up to Tesla. With this news, its clear they did a good job anticipating it. Now its a matter of time if they can catch up eventually to BEV.
I have to wonder where the Japanese OEMs would be if they hadn’t wasted billions and a decade or more chasing hydrogen which at this point from the user refueling end combines the drawbacks of gas and electric with the advantages of neither.
For their home market, it’s still very much a worthwhile investment in terms of diversifying carbon-offset options. They’ll be fine.
They didn’t put all their eggs in one basket, they’ve still got a couple different types of hybrids AND regular gas cars AND are starting to come out with battery EVs like the BZ4X or whatever cat-across-the-keyboard thing they named it. That’s at least three baskets!
When when Toyota wanted to enter the luxury market, they spent a billion dollars and came up with the LS400. And it was perfect right out the gate.
The bz4x does not show the same level of serious intention that the LS400 had. It’s borderline a compliance car.