The problem as you said is that for CNBC, the world means US and Europe but for Toyota, the world includes the 150 or so remaining countries.
@patcoakley7980
Жыл бұрын
Many people dont have Electricity supply yet in third world countries so I can they purchase a EV specially given the cost of EV
@Brizandeer
Жыл бұрын
I actually think Africa could be set for a huge revolution if they can finally electrify a grid using renewable solar + storage. They could be one of the big beneficiaries of the green revolution because they are perfect for Solar!
@hakuhyo174
Жыл бұрын
EV have less infrastructure requirement than ICE vehicles when it comes to scaling because it relies of existing electricity grid, and if Toyota really cares about third world countries, then they shouldn’t push for hydrogen vehicles - option with largest infrastructure up front cost and least accessible to non-developed countries.
@marcinm2871
Жыл бұрын
@@hakuhyo174 lmao the fact they depend on the grid means they have Way more infrastructure requirements. Since most grids are running at near capacity.
@hakuhyo174
Жыл бұрын
@@marcinm2871 You’re missing the point. No one is saying it’s easy, but *easier*. It’s easier to scale an existing framework, even one that’s at full capacity, than building something from scratch. There’s literally no existing hydrogen infrastructure, which Toyota is actively pushing while making hypocritical arguments about infrastructure cost.
@paulm2467
8 ай бұрын
It turns out that Toyota know more about car manufacturing and their markets than anyone on the internet!
@SaadNabil
Жыл бұрын
Restisting? isn't it resisting?
@tornadotj2059
Жыл бұрын
I was wondering also. :)
@waltwiltz8726
Жыл бұрын
Covfefe my friend
@cagneybillingsley2165
Жыл бұрын
because toyota is smart. don't fix what isn't broken. what do you think will happen when everyone goes over to ev? you think the price of electricity with out power grids barely able to keep up now, is going to remain low?
@devonbikefilms
Жыл бұрын
@@cagneybillingsley2165 gas isn’t going to be cheaper because hardly anyone uses it, it’ll be expensive and very rarely obtainable after 2035.
@GGoblin1
Жыл бұрын
@@devonbikefilms gas hard to obtain after 2035? Any sources to back this up?
@schlotzkovich6909
6 ай бұрын
So Toyota was right lmao.
@schmetterling4477
5 ай бұрын
Yes, they WERE right... 20 years ago. ;-)
@Ckoudous
Жыл бұрын
They live in the real world instead of the fantasy that so many are selling, this alone makes me like them even better
@ttoommssmmiitthh
Жыл бұрын
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.
@Max_Jacoby
Жыл бұрын
They are japanese. It is in their culture to reluctantly accept anything new.
@stakeHolderMyAss
Жыл бұрын
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.
@griffins750
Жыл бұрын
@@Max_Jacoby In their culture? What part of their culture is that?
@Brucev7
Жыл бұрын
EV Mfg Sourcing, MFG, Pollutes, Uses Child Slave Labor, Mines owned by China, and Pollutes the Rainforest, Uses Reliable Energy
@alfkocli
Жыл бұрын
We are missing the bigger picture, which is clean transportation. We could only achieve this with efficient city design, prioritizing walking for small distances, bikes and public transportation for medium ones, and railways for longer ones. It is not about switching cars from gas to electricity, it is about changing our high energy consumption society.
@thespaceplaneenthusiast3812
Жыл бұрын
Spot on!
@tempbamboo8548
Жыл бұрын
Clean transport it's just natural food / home grown diet. They like junk food either. People on one side like green transportation, but on the other side getting excited on fuel consuming car, drive a big car more than they need, get subsidized by gov.
@petesmitt
Жыл бұрын
The trouble is that modern urban infrastructure has been centred on motor vehicles for several decades; changing that infrastructure to allow everyone that wants to get around without using a motor vehicle is an enormous task, which is why no-one is seriously talking about doing away with the private motor vehicle.
@toyotaprius79
Жыл бұрын
+60 years of Privatisation and red-scaring public services gets you that.
@toyotaprius79
Жыл бұрын
@@petesmitt an enormous task, like how your government spends $850 billion per year on the military
@visho8979
Жыл бұрын
Toyota doesn't focus too much about first mover advantage. It focuses on being the most reliable and durable car in any engine type be it hybrid or internal combustion. If Toyota decides to take on the EV market with full speed it's because they are confident that it will be the most reliable and durable in that segment too. That's Toyota's DNA and it's worked very well for them and their customers. This is from a business and customer satisfaction point of view.
@waynelewis9110
Жыл бұрын
@SilverFish Exactly. People keep making excuses for Toyota, but the reality is that Toyota is being disrupted and is very behind on BEVs, let alone PHEVs. BYD makes more PHEVs than Toyota, and is also rapidly growing their BEV production volume on top of that. Tesla is ramping up production too fast for Toyota. Together, Tesla and BYD will sell over 4 million BEVs alone this year, while Toyota and VW will sell around 16 million ICE vehicles by year end. The gap is closing fast. Tesla and BYD will replace Toyota and VW as the leading global automakers by production volume by 2027.
@justinshankle
Жыл бұрын
@silverfish4500 The tech used for plug in hybrids is basically the same as an pure EV, it just has an onboard generator. Their techs already know how to work on these vehicles. Remove the ICE and you only make the vehicle more simple to manufacture and work on. Toyoto is not behind anyone, they are actually far ahead since they make reliable vehicles at an affordable price. Toyota has never been about making flashy super high performance/cool cars, as most people don't care about this, or dont car enough to pay the money for them.
@bftjoe
Жыл бұрын
Yes, their bZ4X EV was so reliable its wheels were falling off.
@dynasty5053
Жыл бұрын
And that's why we buy Toyota
@patricksweeney6334
Жыл бұрын
FMA is of course a very real thing in tech. EVs, though, are way, way past any first-mover-advantage ground that Toyota might purposely have intended to cede to (primarily) Tesla, in order to pull an Apple-like move on the EV market. Toyota has all but missed the boat as anything more than an also-ran. They had the gateway to FMV with the Prius, and they let that go to waste. They sat on their laurels too long, (seemingly) hoping to keep cash in on their PBVs (pollution-based vehicles) for much, much longer... not realizing how much Tesla would make everyone else scramble to even be able to ante at the EV table.
@chubbymida
5 ай бұрын
The “experts” here from Sierra Club and Gartner must be so humiliated seeing that just one year after this video, Toyota is right in telling them “Told ya so.”
@sunglee3935
2 ай бұрын
Experts, what makes them experts
@ALEXFVHS
Жыл бұрын
I agree with Toyota. I dont own a home, i rent an apartment that doesn't have electric chargers. And there is no way in hell im gonna waste hours siting at public chargers on regular. Electric cars make sense for some more than others
@adriannalundasan7570
Жыл бұрын
True. and thats going to be a large marketing ploy for the apartments to raise the price of rent while you still have to pay to use the chargers.
@DanielK1213th
Жыл бұрын
@@adriannalundasan7570 the horror
@UserName-ts3sp
Жыл бұрын
and it gets too damn cold in the midwest for EVs. i wouldn’t be opposed to a hybrid but i prefer ICE
@patricksweeney6334
Жыл бұрын
Just curious: Do you not own a home because you prefer to rent, or because even just getting into a home is cost-prohibitive? Regardless, yeah, it'd be great if apartment-complex-owners would find a moral compass and a) bring solar panels into the mix for providing power at lower cost, and b) add charging outlets where the tenants park.
@user-sn1se8kh7z
Жыл бұрын
@@patricksweeney6334 Businesses do not have a heart. When the government offers tax incentives to add these items to new builds then they will make that move. The only thing apartments are worried about is making a profit.
@prutkul
Жыл бұрын
Some people: Everyone must use EV’s. People in developing country: We’re still rely on hand pumps to get our water.
@wgemini4422
Жыл бұрын
Wow, the sudden bleeding heart for developing countries. Good news for them, EVs are far less reliance in infrastructure, get some solar panels and you would be able to "fuel" your car. You wouldn't need foreign oil companies, foreign refineries, foreign transportation, gasoline distribution networks or gas stations. All you would need is the sun. Hooray!!!
@jgee9283
Жыл бұрын
I hear you prut kul. One day our nation's will lend a hand to eachother it takes a process of course. Hang in their as we are all are. And I'm hoping the industry's that are well implemented in these new EV can help each countries especially the hardship ones.. :*(
@waywardsoul4918
Жыл бұрын
@@wgemini4422I your dreams maybe
@MisterSherlock
Жыл бұрын
@@wgemini4422 You know how expensive solar panels are? Your privilege is definitely showing. A lot of countries simply can't afford solar panels, much less on a decent power grid. California and many major European countries are able to afford them simply because we have the world's largest economies ever. Why haven't you stopped using cellphones and computers since coal plants are powering the majority of the country's power grid to charge that little device for you? Hot water generating from boilers still use gas to heat it up. Oh fun fact: Tesla cars still need oil for a good majority of their components. How do I know? I know people who work at the original factory.
@wgemini4422
Жыл бұрын
@@MisterSherlock Solar panels? Dirty cheap and dropping fast, comparing to the cost of a new car anyway. Shipping, taxes and installations? Very expensive in rich countries. I have no problem with oil, just with gasoline since it's not a very good fuel for portable power. Of course Tesla needs oil, oil is used in a lot of things.
@ettcha
Жыл бұрын
"Toyota, which sells 10.5 million cars a year in 170 countries, argues that many of those markets aren’t ready for electric vehicles" If Toyota went all EV, they truly would be abandoning a lot of developing nations with no hope of building up electric infrastructure by the time the rest of the industry transitions. They are the backbone of many commercial and domestic fleets
@stephendoherty8291
Жыл бұрын
No car maker beyond a very niche few are all EV. One one succeeds (in fact only one new "larger" entrant globally in decades) . All mass car makers know this EV access is not an option in many markets. The problem is that the cost of developing all cars is often born by making good fat profits from the top end. And at the top end, three markets exist- US-Europe-China (japan internally was one once). At the higher end where cost of EV is less of an issue to buyers, EVs are taking an ever greater share. So if Lexus was to lose most of its market share to pure EVs then Toyota would find making newer ICEs for the mass market alot harder. Choice is already dropping as the SUV market eats other model sales.
@wemakecookie
Жыл бұрын
You'd think they wouldn't want to fall behind in the key markets which represent the majority of their sales. Toyota barely sells any EVs. For instance in the largest car market in US, California, Toyota may be surpassed by Tesla as the #1 seller this year! In largest car market by country, China, likely around 1/3 of vehicles sold will be electric in 2023. These are huge markets Toyota is virtually absent from with EVs.
@stephendoherty8291
Жыл бұрын
@@wemakecookie China will remain closed as they want their national champions to be protected. Japan did (and still does) the same in its market. The backlash will be when China wants to export into the big profitable markets. At present Europe is not protecting its own, as it wants to push its local car firms to be scared into making good EV products. China will find the US less open when it already does the same to US car makers ( most have left due to frustration in selling there). Tesla is only allowed to succeed there, to offer a nicer export brand to Europe and for Chinese firms to learn from a leader. The Japanese market (outside niche premium car sales) is also a weird one (microcars dominate) and shrinking every year in volume as the population size ages. Yet Toyotas (and Japan car inc) relies on US sales to stay afloat and generate the cash to remain a key player globally. As long as 2 of the biggest US states are not going to copy CAs efforts to curb car emissions, CA (and other similar states) will remain a pesky problem but not a big one, for now. China wants to export its EV strength. Europe is the logical 1st market.
@wemakecookie
Жыл бұрын
@@stephendoherty8291 I disagree, I think what is happening in California is a prelude of what's to come to the rest of US soon. If you look at Cali EV marketshare 2-3 years ago, it's about the same as the current US EV marketshare. Toyota sells many vehicles in the EU and China as well and those markets are converting to EVs at an even faster rate. Toyota doesn't have the EV production to keep up, nor plans to grow its EV production quickly enough. And the growth in developing countries vehicle sales isn't enough to compensate. Also developing countries may skip the ICE vehicles and go right to EVs, the same as they did with landline phones, instead going straight to mobile.
@stephendoherty8291
Жыл бұрын
@@wemakecookie Its unlikely that the charging infrastructure in developing countries (think Africa/South America/Low Income asian and middle eastern counties) will be there to allow a jump to EVs. Many African countries and some in Asia have trouble with getting electricity not to mention reliable power for an EV car move. China was already moving that way and yet western brands were even slow then to offer EV models (most were trying to meet demand in their "home" markets if they sold any).
@Indipuk
8 ай бұрын
Toyota lives in a real world where 5 bilion people dont have reliable access to the electricity. What EV 😂
@wjkalana100
Жыл бұрын
I m a big fan of plug-in hybrids. I go to gas station once every 3 months and don’t have the range anxiety
@zlonewolf
Жыл бұрын
Also you can change the small phev battery in 1 hr for $2k. A fully EVs requires weeks to preorder and cost as much as the vehicle itself or 25k or more.
@PC-vq5ud
Жыл бұрын
@@zlonewolf Wrong
@redwhite_040
Жыл бұрын
They can produce 10 plugin hybrids out of one EV battery.
@magallon643
Жыл бұрын
Here a Fact it's only a matter of time before all Ev,start to become cheaper to buy than a gas Car
@leer663
Жыл бұрын
The problem with plug ins is the fact that many are never plugged in. This is a common story in Europe anyway.
@joelgarcia3907
5 ай бұрын
wonder what these guys are saying in 2024 when EVs are not selling at all in the US and hybrids have seen a huge growth
@Zachuman
7 ай бұрын
2024 and all the “experts” disappeared. Lmao. Toyota wasn’t wrong with their decision to ease into EV rather than just jumping in
@misterchris8916
4 ай бұрын
Toyota is wise and didn't fall for the trap
@oldnepalihippie
Жыл бұрын
I've driven a 2005 Toyota Boon for a decade or so, and at 35mpg+ all this time, with little emissions and no oil burning, I'm delighted with the company. Where I live, EVs are not practical, as there are zero charging stations, and there won't be any for the foreseeable future. I suspect most of the world (at least in the global south) is in the same gas-driven boat.
@patricksweeney6334
Жыл бұрын
(Also, um... not young...) "Where I live, EVs are not practical, as there are zero charging stations" Ok... Do you live somewhere that makes charging at home impractical/impossible? The only time I ever charge at a charging station is on a road-trip.
@oldnepalihippie
Жыл бұрын
@@patricksweeney6334 yes, we just got 24x7 electricity here (Nepa) in the home a few years ago, before that the house ran on truck batteries. Even now, power cuts are like weather events... ya never know (we keep those truck batteries just in case). Most places I've been in the world of late look just like that, or worse. Sure, farmers here would love a tesla truck, but barely have enough power for the lights, or they would have to charge it using a diesel generator. And there's the rub.
@OrchidBangladesh
Жыл бұрын
EV commercial life is also short like any rechargeable device .
@magsteel9891
Жыл бұрын
@@patricksweeney6334 just because you have a consistent place to park where you can plug in doesn't mean everyone else does. I lived in New York City for years and every night just finding someplace to park that wasn't blocks away was a chore. You have to open your mind to the reality of other people's lives
@patricksweeney6334
Жыл бұрын
@@magsteel9891 "I lived in New York City for years and..." Anyplace as densely populated as, say, NYC is a strong candidate for almost no one owning a car anyway, right? The challenge with that being that (usually-underfunded) public transportation has to be able to serve people-moving needs. One mind-opening that we as a society need to have is that, especially in-town, moving vast numbers of individuals around in massive steel cages (whether pollution-based or EVs) just doesn't work anymore. Considering how effectively the oil industry and legacy automakers have crippled public transportation, though, I'm real curious how we get out of this quagmire...
@alikj3322
Жыл бұрын
Toyota might not be good for selling electric cars but they’re definitely the best for hybrid car. In my country ( Morocco ) most of their sales are hybrid and it’s a good intermediate when transitioning to electric cars
@rmcc655
Жыл бұрын
Toyota is smart. They know the majority of their buyers are folks that cant afford 2 cars 1 electric short range and an ICE car for when you need to drive 300 mi. Sure they are slow to make updates but knowing the average american car buyer. They will buy toyotas cars not because they’re innovative but because it has the name toyota slapped in it.
@danny01678
8 ай бұрын
2024 Toyota was right.
@tommccabe1019
7 ай бұрын
Toyota was right everyone else is too early and suffering badly for it!
@cede-hf7vi
8 ай бұрын
Turns out they are right.
@princedavidowusu6794
5 ай бұрын
right about what? i see china flooding into the market with lots of Evs
@tcsmagicbox
Жыл бұрын
I think Toyota is pretty well positioned with their plug-in hybrids.
@pbreedu
Жыл бұрын
They only use gasoline when you drive a while between charges. I usually drive short distances so most of the time I would be driving electric with a hybrid plugin. Only a few times a year would I use gasoline. Gasoline has a shelf life of about three to six months so if it has been a few months since you filled it up you may want to deliberately not charge it. That way you burn the gas before it gets too old and bad for your car. Alternatively, you could only put gas in the tank when you are almost out of battery power or are going on a long trip.
@bmw803
Жыл бұрын
I have a VOLT (gen1) so, about 45 miles before the engine comes on. You get to drive an EV 80% of the time and put gas when on long trips. No need for expensive L3 chargers or modify any electric setups.
@albeit1
Жыл бұрын
@@pbreedu the last strategy would work well most of the time, except when natural disaster strikes and the power goes out for days. But it’s not like you’d be taking a lot of trips then either. On the other hand, I’ve only refilled my tank once since the pandemic started. No issues…so far.
@turbostixxx
Жыл бұрын
To go bankrupt.
@paulsi1234
Жыл бұрын
@@turbostixxx haha, I don’t think so!
@TheLeonidas989
6 ай бұрын
Man. Toyota is completely right.
@philippecr
Жыл бұрын
Most EVs are still expensive and unaffordable for most. Cheaper model only mostly mean less range and more compromise, which put it very unfavorable compared to ICE cars.
@rabbit251
Жыл бұрын
I saw a story on NBC News and affordability of an EV is complex and depends on where you live and where the car is made. EVs made in the US are eligible for a discount from the Federal government. You may also get a discount depending on which state you live in. They looked at one women who went with the EV and paid only $25,000 but normally sold for $35,000. Looking at a comparable gas car for $25,000 and there was nothing close to what she was getting. And when the Ukraine War started sending gas prices soaring, she was probably extremely happy she had went with the EV.
@gurumage9555
Жыл бұрын
EVs are just as cheap if not already cheaper than an equivalent ICE vehicle. The upfront cost may be more, but remember that with ICE vehicles you need to spend a lot more on maintenance and more expensive fuel cost over its lifetime. Battery costs have fallen by about 90% in the last decade, and that trend will only keep going as new battery technology and manufacturing improve. It's only a matter of time before EVs become cheaper in infrastructure cost than ICE vehicles, and not just in life time cost.
@toninhosoldierhelmet4033
Жыл бұрын
@@gurumage9555 problem is the rest of the world, brazil, were i live EVs are significantly inferior than plug-in-hybrids, charging infrastructure and maintenance makes EVs something only the elite can afford, a hybrid corolla is half the price than most of the cheapest EVs corrently on sale around here, also plug-in-hybrids can be zero emission through most of the year if the battery can cover atleast 25 miles a day.
@IonorRea
Жыл бұрын
RAV4 Plug-In cost as much as the Toyota BZ4X battery electric car of a similar size, but while Toyota can produce plenty of hybrids it has limited battery production capacity for battery-powered electric vehicles. Not to mention that when Toyota finally managed to switch most of its cars to hybrids, and this tech finally starts paying off in high sales, Toyota sure will not hurry to pour a massive amount of money into successor technology which plenty of customers either cannot afford (even if it may be cheaper in the long run anyway) nor large portion of the customer base has house with a garage or sufficient infrastructure around to make BEV sensible choice for mass producer of car. The last thing Toyota wants is to produce far more of a currently higher class only BEV than is the market with the current state of infrastructure demanding, and with the limited battery production, low-cost BEVs just did not make economic sense to produce...
@tomcat8662
Жыл бұрын
The success so far for EVs has relied heavily on government subsidies. That means an involuntary wealth transfer from ICE drivers to EV drivers through taxes.
@el86lo36fky
8 ай бұрын
Toyota is right
@Hogger280
8 ай бұрын
Toyota is not behind, just the contrary, they have been perfecting electric drivetrains for a quarter of a century but they are smart enough to know not to bet on a dead horse(EV's). Hydrogen drivetrains are also an expensive dead horse. Hybrids are the best way to go. Hydrogen vehicles are no more "zero emission" than the power plants that supply the energy to produce the hydrogen.
@everss02
8 ай бұрын
this didn't age well, EVs are like a phone they barely last 5 years and we just throw them away , not a good investment. Toyota is correct to go hybrid all the way, easy cheap battery swap.
@mistergoodcitizen9914
6 ай бұрын
Toyota knows electric isn’t the future. They didn’t become as successful by not being able to see the future.
@claytonjames4779
Жыл бұрын
Why haven't they talked at all about the plug in hybrids like rav4 and prius prime? Those are very good bridge vehicles above just simple hybrids as we move to integrate more battery operated vehicles. Some people will use almost no gas with 40 miles of range if they can change at work or anywhere else.
@lorenfok1097
Жыл бұрын
Those vehicles are extremely hard to get. Always back ordered because they are made in Japan. And if you are able to get your hands on one be prepared to pay anywhere from $5k-$10k mark up from dealer. And NO federal tax credit $7,500. A 2023 RAV4 Prime XSE trim could cost almost $55k after mark up. That's entering Tesla Model Y territory. I love Toyota vehicles but the dealership experience and low supply of Prime vehicles really is bringing them down.
@LionheartLivin
Жыл бұрын
As I understand it, don't most PHEV owners rarely plug in? What would be needed to have most PHEV owners plug in more, is it realistic to expect they'd plug in more?
@donswier
Жыл бұрын
That's 14,000 miles annually all-electric by simply plugging in overnight to 110v outlet. -Where we live that's 1/5 the cost of gas ⛽️ -Never hostage to public charging that's often ICED, occupied or broken. - Refuel on long trips in 60 seconds, not 30 to 360 minutes
@vicjay1972
Жыл бұрын
@donswier6048 Hybrids are the worst of both worlds and most plug in hybrids never get plugged in.
@vicjay1972
Жыл бұрын
@clotshots9072 it's just a fact. Maybe you would plug in, but the stats show most don't. Does saying the truth make me an idiot you moron.
@stevenhudson6354
Жыл бұрын
Success is not built on success. It's built on failure, It's built on fraustration. it's built on fear that you have to overcome. I pray that anyone who reads this will be successful in life
@rebeccagilbert7691
Жыл бұрын
@Carl Garza O' Yes I'm a living testimony of Mrs Victoria Alejandro.!
@rebeccagilbert7691
Жыл бұрын
Victoria has changed my financial status for the best.!
@rebeccagilbert7691
Жыл бұрын
All thanks to my aunty who introduced her to me.!
@imogenthompson1338
Жыл бұрын
@lindagomez8344 A friend that I referred to her just received €61,050 profit after 6days of investing..... I became jealous.. Lol.
@imogenthompson1338
Жыл бұрын
My first experience with her gave me the assurance that has made me to invest without fear of loosing.
@maxpayne7419
7 ай бұрын
Toyota is very wise. They correctly read that EVs were not going to compete long term with ICE and hybrid.
@nolisto1
Жыл бұрын
There's no such thing as being late to the EV space. People will always buy new cars. As long as the car Toyota eventually makes has the features a customer wants, they'll buy it
@benjaminsmith2287
Жыл бұрын
I agree. It's kind of a stupid question asked by too many outlets.
@willchu
Жыл бұрын
Obviously, you have never heard of the first mover's advantage.
@PlymouthNeon
Жыл бұрын
Agreed. People are keeping their ICE cars up to 20+ years because it costs less to maintain an older car and buy used cars, than to buy new EV's. Until EV's become affordable, financially conscious people won't be buying them.
@speculawyer
11 ай бұрын
No, you can fall behind in the technology and thus build inadequate products. Tesla is solving EV problems and issues that Toyota doesn't even know exist.
@speculawyer
11 ай бұрын
@@PlymouthNeonEVs are affordable.
@DavOlek_ua
8 ай бұрын
Still in 2024 I'm absolutely with Toyota. Eastern Europe still with diesel.
@28naveenator27van
4 ай бұрын
I'm for free choice of the various kinds of cars. I was wrong . Toyota was right.
@lxc9970
7 ай бұрын
And 1 year later Toyota is right about EV. The take rate is much lower after the hype now.
@JLobo-lz8mh
5 ай бұрын
No Toyota is not late actually a year after this video was released everyone is pursuing Toyota’s hybrid strategy. Who’s right?
@danielkrall6501
Жыл бұрын
Sounds to me like Toyota is just playing it smarter. Also, as more stories come out about how horrific lithium and cobalt mining is as industries, I have a feeling that some of the appetite for large amount of batteries is going to wain.
@tubyrash
Жыл бұрын
There is not enough raw materials to produce batteries for all EV needs and also producing them harm the mother earth adversely
@205rider8
Жыл бұрын
Battery materials are virtually 100% recyclable. Petroleum is not. Real simple. common sense.
@patricksweeney6334
Жыл бұрын
No, to Toyota "playing it smarter"... they're (arguably) just dragging their feet as lonnnnnnng as they possibly can before reluctantly abandoning their pollution-based cash-cows. But yes, Lithium and Cobalt mining both absolutely have human rights issues. Buuut... if you're sincere about giving even half a sh*t about that, do some minimal Googling on (e.g.) Shell oil and its African atrocities. Battery tech is rapidly changing, though, with Tesla (for example) looking to lower or remove the need for both Lituium and Cobalt in their battery formulations. Unlike the fossil-fuel-pollution industry and its ills. So, no, it isn't the case that "some of the appetite for large amount of batteries is going to wain", it's that the appetite for human-acceptable battery improvements will continue to rise.
@footballhighlights7222
Жыл бұрын
@@205rider8 common sense? what about cobalt mining?
@jacobcarlson4010
Жыл бұрын
@Football_Highlights: His comment was about recycling, not extraction. Nice job on trying to misdirect there. But since you brought it up, let’s point out that gasoline refinement uses cobalt to remove the sulfur from the crude oil. And while EV batteries are able to pivot away from using cobalt, refining gasoline is not. Moreover, refining gasoline also requires Platinum as an “octane booster”. And last time I checked, platinum is also a fairly rare metal here on earth.
@arthurtennessen9680
8 ай бұрын
A year later, it seems Toyota is right to wait and see...
@hdaviator9181
8 ай бұрын
Turns out they where right...
@alexrojasbr
8 ай бұрын
I have to agree with Toyota’s strategy. It’s 2024 and we have long ways to go in the matter of improving EV’s infrastructure
@jsnow6925
Жыл бұрын
I trust Toyota and their decision making over any politician. I bought a 2021 4runner a few years ago, quality and reliability is on another level
@kalebdaark100
Жыл бұрын
A few years ago?
@jsnow6925
Жыл бұрын
@@kalebdaark100 yes, I bought it in September of 2020
@jsnow6925
Жыл бұрын
@@kalebdaark100 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
@kalebdaark100
Жыл бұрын
@@jsnow6925 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?
@jsnow6925
Жыл бұрын
@@kalebdaark100 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
@dread69420
8 ай бұрын
Toyota isn't just focused on a few key markets, Toyota knows that its a global player, a truly global one with a reputation you simply cannot buy for money or flashiness/hype.
@bennylava8717
8 ай бұрын
today, look like toyota was right, people want hybrids, not BEV
@axe863
8 ай бұрын
Aged like milk
@emikomina
Жыл бұрын
Tesla fanboys incoming.
@fenrirgg
Жыл бұрын
Toyota following the steps of Kodak.
@k1fizz
8 ай бұрын
If Toyota listened to Katherine Garcia they'd be having layoffs like Ford and GM now.
@cafe88racer53
7 ай бұрын
this didnt age well lol
@jklsdf5885
6 ай бұрын
I love how the climate activist has the audacity to judge Toyota which is the pioneer of low emission vehicle before they were even born
@Dragon228833
Жыл бұрын
My main 3 problems with evs: 1) Not everyone has a place to charge these vehicles. Will those who live in apartment buildings have to line up for hours to get a spot at a charger since it can take an hour or more to get the car fully charged 2) I doubt that our power grind can handle everyone charging a car when everyone’s fridge gets less cold in the summer when the ac’s get plugged in. Parts of our power grid are also reliant are fossil fuels 3) they don’t shoot flames
@ryanmartin73
Жыл бұрын
Exactly!
@deathgun3110
Жыл бұрын
For No. 2, an major grid renovation seems unavoidable for every country to handle future conditions, electrification deosn't stop at EV's but also includes, induction stoves heatumps (from consumer ones to several hundred 100 Mwh big industrial ones), electric arc furnaces, other industrial appliances and the changing input from variable renewable electricity sources.
@Dragon228833
Жыл бұрын
@@deathgun3110 sounds astronomically expensive
@manp1039
Жыл бұрын
i live at a place where i don't have a charging station and don't have the ability to add one.. this is the reason why i don't get an electric vehicle at this time. i think the Prius is a great car.. i have driven them thousands of miles. they are quiet and ride very smooth. and get very very good gas mileage. many car campers like to use the prius to car camp in.. because of their ability to turn on and off the engine to keep the battery charged up and keeping the air conditioning on over night.
@sanket.hande9
Жыл бұрын
And other point ev’s are not environment friendly as marketed
@hellojmar
Жыл бұрын
Toyota makes sure that they make it right and perfect, as well as, reliable. So that's why their change to EVs isn't as fast as people's demand for them. People want it done now and Toyota wants to ensure that it is done right.
@speculawyer
11 ай бұрын
But Toyota did invest big in hydrogen fuel cell cars....and they have been a MASSIVE FLOP.
@hellojmar
11 ай бұрын
@@speculawyer still a very well built car not something a lot of companies would dare to try, if any.
@none23517
11 ай бұрын
I drive toyota carolla 2018. really good car but hydrogen cars were a flop. No company is immune to flops. Time will tell if Tesla or Toyota wins
@bigbusiness7035
10 ай бұрын
@@speculawyerEV was a massive flop for 100 years.
@jazzcatjohn
10 ай бұрын
Not necessarily. Toyota does have an electric vehicle on the market and it's a piece of crap.
@ahsanarshad918
Жыл бұрын
Toyota knows its market and they are not stupid to pour billion of dollars into something which is basically a huge startup and will take decades to be a norm and profitable. Plus Toyota has a reputation of very resistant vehicles. Majority of the world uses them like we used to use Donkeys and Horses. They're so reliable that it's not easy to just discard them.
@deaddoll1361
Жыл бұрын
They're very successful in the car industry, while many others have come and gone. EV's have generated a lot of hype but are still impractical for the majority of people in developed countries, and impossible for those in less developed ones.
@REAL-UNKNOWN-SHINOBI
7 ай бұрын
Oh you mean unlike the Toyota Mirai, which (at least in the United States) can only be utilized in California?
@kiankou1
7 ай бұрын
We already knew Toyota's approach was right. EV is one of the options, and not necessarily fits to all circumstances.
@chrispaul3778
Жыл бұрын
When you invest you're buying a day you don't have to work
@royalhighness8383
Жыл бұрын
I'm looking for something to venture into on a short term basis, I have about $6k sitting in my savings
@lovecricket6736
Жыл бұрын
Starting early is the best way to getting ahead of build wealth, investing remains the priority
@josephfrys6969
Жыл бұрын
I advice everyone to start investing and never rely on just salary. No billionaire made it through salary
@royalhighness8383
Жыл бұрын
I'm new to this Bitcoin trading, how do I get started with the help of a professional?
@royalhighness8383
Жыл бұрын
Any specific guide?
@anchorsaweigh9893
Жыл бұрын
Toyota makes terrific Hybrids. They should continue to dominate this space. I own all Toyotas and they are very reliable vehicles from Tundra, Camry and RAV4
@summerslider2487
Жыл бұрын
my man
@Mabeylater293
Жыл бұрын
Here lies toyota☠️⚰️🪦
@rickbarnard-uj8hs
11 ай бұрын
Toyota is smart, no one wants a electric car that is unreliable in hot or freezing weather
@sebastianmemphis283
8 ай бұрын
Toyota was right.
@aaronrichards817
Жыл бұрын
The Koreans are doing to the Japanese what they did to American automakers in the 70's
@johnw4067
Жыл бұрын
Korean cars aren't anywhere near Japanese reliability. I have had both.....no contest.
@ThatOneRightThere
Жыл бұрын
Toyota knows a lot more about making cars and the market more than people who like to theorize and criticize on the internet. EV's cannot compete pound for pound when it comes to utility. They are a luxury item. We seem to ignore the costs on the environment and humanity when it comes to sourcing the materials to produce the components, the energy to power the vehicle, and disposing and recycling of these components after the car's battery dies in 8-10 years and costs more than the car to replace.
@lepidoptera9337
Жыл бұрын
Less than two seconds 0-60 can not compete? Dude, you need to stop drinking. ;-)
@olegsher
8 ай бұрын
Toyota was right in the end.
@bentullett6068
Жыл бұрын
From a UK point of view we are starting to see people finding out that EV's aren't working for them and are trading in their EV's once their three year finance deals are up to either hybrid or conventional internal combustion engine cars. They have found that the battery range the manufacturers state for these EV's in the brochure aren't true, they have had many faults with the cars breaking down due to computer issues (some due over the cloud to updates) and the charging infrastructure, even though it has been increased, is still hopeless when the chargers don't work and the electricity prices in the UK have increased like they have across the globe and charging a EV is more expensive than a combustion engine car (solar/wind charging is only a possibility in the UK if you have deep pockets to pay for installation and the solar/wind power systems). Toyota are wise to stay as they are. The hybrid side does work and with the development of clean synthetic fuels it could mean that hybrid could still be a viable option for people who want to drive long distances.
@chowsquid
Жыл бұрын
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.
@bentullett6068
Жыл бұрын
@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.
@PP-oz2oj
11 ай бұрын
EV’s are expensive and charging infrastructure is just not there either.
@ommanipadmehung3014
8 ай бұрын
Petrol cars are expensive and I don't like being at mercy of constantly changing gas /petrol prices when I can charge my electric car at home for free with solar panels.
@bentullett6068
8 ай бұрын
@ommanipadmehung3014 have fun when you need to replace your battery then.
@nova8585
Жыл бұрын
Toyota: We're conservative on electric cuz the charging infrastructure isn't there also Toyota: We're investing in hydrogen which has practically no refueling infrastructure and no one else is building one
@encabsss
Жыл бұрын
Well said! The infrastructure isn’t there yet!
@phuongdu1781
Жыл бұрын
The problem is that battery material is heavily mined from China. Toyota is absolutely do not want to depend their supply from China. I think China supply like 60-80% material component for EV batteries.
@alhkcblack9617
Жыл бұрын
Hydrogen everywhere seems kinda dangerous. Way more explosive and volatile than gasoline I think.... Don't make sense.
@paperhouse6282
Жыл бұрын
Toyota = Nokia
@technicholy1299
Жыл бұрын
Japan will have red hydrogen (derived from nuclear) by the time Toyota is ready. Toyota has always been Japanese market first.
@rui569
Жыл бұрын
Toyota sold all is shares in Tesla in 2017. damn!
@KingSobieski
Жыл бұрын
Dang, Tesla stock just lost 3 years of gains. Now you can buy a Prius for 27K that gets 60mpg. What's the point of EV's?
@gamefather9105
Жыл бұрын
@@KingSobieski batteries degrade after 5 years. Toyota is all about longevity and reliability. Ev’s are a scam
@QH96
Жыл бұрын
@@KingSobieski better acceleration, 0-60 around 3 seconds, model 3 has 130 MPGe. Electric car still works out cheaper over the long because of fuel cost. I would still get a Toyota/lexus thou because of Tesla's garbage build quality
@KingSobieski
Жыл бұрын
@@QH96 once everyone gets into EVs the govt is going to need to bring out higher property taxes on EV vehicles to offset the loss from gas tax needed to maintain roads. No one is actually going to get to 'save' money.
@ttt3377
Жыл бұрын
@@QH96 and tesla are too heavy :(
@williamfrench9973
5 ай бұрын
C’mon - Toyota knows how to make hybrids, they know how to make plug-in hybrids, they know how to make vehicle chassis’ and bodies. They have all the R&D resources any company could hope to have. Why is everyone so stuck on this concept that Toyota “can’t catch up” on EVs?
@everythingvideos24
5 ай бұрын
Electric vehicles are garbage that's the Problem.
@Ruslan_0990
Жыл бұрын
So 2050 is considered moving aggressively?
@CTOInformation
Жыл бұрын
India said 2075, LOL
@papercut1987
Жыл бұрын
well, my wife said she'll be ready in 5 mins.....it's all relative lollll
@fitybux4664
Жыл бұрын
Most of Gen X will be dead by 2050. 💀
@fortheloveofnoise
Жыл бұрын
@@fitybux4664 more like 2060, but i get your point
@Ruslan_0990
Жыл бұрын
@@fitybux4664 Gen X will be deaf by 2050 because they're walking with headphones all day
@GuyIncognito764
6 ай бұрын
Come on Toyota, stop following sound engineering principles and join all your hypocrite competitors in releasing full BEVs that don't make sense so we can pretend we're gonna fix this climate thing!
@schmetterling4477
5 ай бұрын
Is that why a Tesla goes 0-60 in 2.8 seconds? To save the climate? :-)
@stevenanderson4644
8 ай бұрын
Hang in there, Toyota! Don't let the tree huggers push you around!
@ubacow7109
Жыл бұрын
Toyota is just playing it safe as always. They're never really late, they just operate slowly.
@paperhouse6282
Жыл бұрын
And slowly towards bankruptcy
@robertnicholson6686
Жыл бұрын
Kodak and Nokia also played it safe.
@tonespeaks
Жыл бұрын
@Ubacow They are late to the party, the question is can they even be competitive. So far, the answer is easy......No.
@BooleanDev
Жыл бұрын
typical Japanese bureaucracy
@benjaminsmith2287
Жыл бұрын
@@tonespeaks Maybe you shouldn't look at "so far" and be locked into this annoying "disruptive theory, Toyota is Nokia narrative" That shows short-sightedness and a lack of weighing other scenarios to be locked into this one scenario. Toyota has been a leading company for decades. They know when to pivot and don't think for a second they don't have a plan to do so.
@SasukeUchiha-zu6dw
Жыл бұрын
I don't care if it's gas, EV, hybrid, hydrogen or something else. But it must be able to do everything the vehicle it is replacing can do including range, fill up time, payload, towing etc. for a similar cost. We don't rely on 1 tech now or put all our eggs in 1 basket and we aren't going to in the future either. Different use cases will be powered differently.
@zannierzan9634
Жыл бұрын
My gas guzzling car cannot run on feeds, guess I have to buy a horse after all.
@SasukeUchiha-zu6dw
Жыл бұрын
@@zannierzan9634 that's the beauty of it everyone can buy what works for them
@MrXtraconservative
Жыл бұрын
This statement is false: "But it must be able to do everything the vehicle it is replacing can do including range, fill up time, payload, towing etc." It simply must do enough of these things better so that people want to buy it. This has already happened, hence the millions of EVs sold by Tesla each year. And hence Tesla's 40% annual growth while all their competition keeps getting smaller.
@SasukeUchiha-zu6dw
Жыл бұрын
@@MrXtraconservative it's not false as I am taking about my needs and wants which won't apply to everyone but to some others. It hasn't happened yet I have a car that gets 350 miles to a tank minimum all city driving, and over 500 on the highway. And when I'm ready to fill up it does so in under 5 minutes no EV can do that yet that I know of. Even EV trucks haven't caught up to their gas/hybrid counterparts. I'm not saying they will never get there but they ain't there yet.
@AutoReport1
Жыл бұрын
Not when ice vehicles are scheduled to be banned completely in many markets.
@tejaswipandava
8 ай бұрын
as of January 23 2024, we are seeing reduction of EV's sales world wide and people coming to realisation that EV's are as much or more expensive to run and maintain the car as gas powered ones, and we are also realising that EV's are not green nor save environment as we have thought. finally coming to Toyata, they made the correct decision going all in Hydrogen power so far what we know: 1. EV's are not env safe 2. EV's do more harm to env 3. EV's batteries are not getting cheaper as much we expected, 4. EV's disrupt the after sales industry which will cause lose of jobs 5. EV's are not gonna let normal mechanic to service vehicles (Right to repair) and all will have to go to dealer to get things service 6. EV's don't give you owner shop to your vehicles as you can't modify anything on your own 7. EV's have less service cycles, but overall service costs are high and balance out losses for massive corp 8. EV's are making your electricity bill much costlier for everyone whether we have ex's or not, as the overall load of electricity is increasing 9. EV's causing job loss, inturn is hurting the consumer as in case he is stuck in remote area with a breakdown he has to tow his vehicle to the nearest dealer 10. and the list goes on and on......
@BrunoMorao
8 ай бұрын
Evs are not the future. Toyota is smart.
@KTPurdy
Жыл бұрын
The short answer is that Toyota is the ICE worldwide guerrilla. No market guerrilla leads the charge away from them.
@troyfall6573
Жыл бұрын
Toyota now produces 2 million less vehicles today than they did a few years ago. That gorilla will continue to lose market share as EVs are already coming down in price to close to ICE cars. I wouldn't want to be sitting on 200 billion in debt while making horse and buggies as Ford introduces the model T.
@noob.168
Жыл бұрын
@@troyfall6573 ah lets ignore the pandemic and supply shortages.
@troyfall6573
Жыл бұрын
@@noob.168 They have lost market share in China, Australia, Europe and the US. All carmakers went through the same pandemic.
@bulkmailbullseye70
9 ай бұрын
IF CNBC can’t editorial check spelling of the program title. why should one trust the validity of the content facts, etc. ?
@mehornyasfk
8 ай бұрын
The thing is, is EVs really better for the environment, especially in developing countries where electricity is still mostly generated from fossil fuel, old batteries are thrown into landfills, charging stations are few and far in between, and not to mention the scorching heat and potholes the size of a broth pot that have been known to cause EVs to catch on fire? Besides, a good petrol car can serve well even after 30 years, where an EV will need to have its battery pack switched every 5 years or so in order to keep its range. Toyota, stubborn and conservative as they are just like the rest of the Japanese automotive industry, are not stupid. They know that the world more than just North America and Europe, unlike a News channel I won't even need to mention its name here.
@457rick
5 ай бұрын
Toyota is also about quality, something ev's don't have
@hamsteerio
Жыл бұрын
CNBS makes commercials to appease their investors
@gerardhei9222
6 ай бұрын
Hybrid > Electric
@Raj_Das
Жыл бұрын
For me, EV is still not a eco friendly product. From acquiring raw material of battery with child labour to charging with electricity made by coal. Other than that infrastructure of charging station and the time to recharge battery. Everything is negative about EV. Hybrid, Hydrogen fuel might be the future and its worth waiting.
@beinghonest9433
Жыл бұрын
oil is the future
@jasondelarosa5457
8 ай бұрын
12 months later, toyota was right. EV's waning in popularity and Toyotas foresight was spot on.
@tofuyam7361
Жыл бұрын
IMO a hybrid corrolla/prius/camry/rav is likely the optimal solution for the next 5-10 years. Gas cost is low, maintenance is low, and energy availability is high.
@redwhite_040
Жыл бұрын
or plugin
@MrMlbfan6
Жыл бұрын
There’s a reason they haven’t move to electric , also hybrid is way better than electric
@petruspechar
Жыл бұрын
@@MrMlbfan6 way too much. EVs aren't the future for me...
@rabbit251
Жыл бұрын
Statistics would prove you correct. The video said that hybrids has 6% of the market and is probably growing plus electric just doesn't have the infrastructure. I used to work for Toyota and then other related car companies. For the current market Toyota is excellently placed. (I'm not a fan of Toyota, it really is a terrible company to do business with and work for, but as a lawyer and businessperson I rely on facts and statistics.)
@NhatHanPham
Жыл бұрын
@@rabbit251 I love Toyota, I hate their stand on anti-climate policy and political contribution
@userloco99
8 ай бұрын
Sorry im going late for work 1 hour. Im charging my TESLA.
@Casheir
Жыл бұрын
Plug in hybrids are awesome. Use electricity 70-80% of the time but no range anxiety. Use a tank of gas every quarter to avoid fuel degradation.
@jsnow6925
Жыл бұрын
Do you have a RAV4? That is a good combo to be able to drive short and long distances
@thedumbconspirator4956
Жыл бұрын
Electric cars are mainly past range anxiety. You can get a model 3 with 300 miles of range which is more than enough range. Most EVs can also now go 250 mi
@dzcav3
Жыл бұрын
@@thedumbconspirator4956 250 to 300 miles (under ideal circumstances: not too hot, not too cold, new battery) is NOT more than enough for many people. Maybe it is for you; but that doesn't mean you are most people. I occasionally take long trips (~1000 miles) that I want to complete in ONE day. Stopping four times en route for an hour or more (ASSUMING there is a working charger with no line of cars waiting) on the route that I want to travel (without detours) is not acceptable.
@DanielK1213th
Жыл бұрын
@@thedumbconspirator4956 we have an EV at work and nobody wants to use it because it drives short distance and it takes long time to charge. Basically it’s a less ideal way to drive.
@vjhicks8533
Жыл бұрын
@@thedumbconspirator4956 sure but there are still areas, perhaps more rural and cold that range anxiety is legitimate. If you are a farmer who uses a big truck someplace like rural Nebraska, a model 3 or Y won’t cut it especially in the winter. No that’s not most drivers, but the fact that the case still exists is enough to scare off some drivers who probably would be fine on an EV.
@chri6393
8 ай бұрын
History proved toyota right
@officialyasir
Жыл бұрын
Toyota, today, is where Blackberry was in 2010.
@truecolors5413
Жыл бұрын
TESLAS charge times and Range is what time frame ? Worse then a blackberry
@r2dad282
Жыл бұрын
Cars aren't phones. Even Apple figured that out, after spending a couple billion.
@yv94684
13 күн бұрын
Japanese companies including Toyota closely look at the long-term trends created by their customers. Toyota is not reactive to short-term volatility or trends caused by media fuss. People generally follow the media and come up with some recognition or analysis, which is just a quick reaction to what they see through the media. So, this creates a gap between Toyota and people enthusiastic about following short-term trends. This is why these people are irritated by Toyota, insisting Toyota is an old-fashioned dumb dinosaur. When the long-term trend appears, these people notice that Toyota has been right. However, they don't want to admit that.
@patrickmoore6407
2 ай бұрын
Hybrids yes…pure EVs??? No thanks
@koltindriver5935
4 ай бұрын
The answer isn’t EVs, it’s trains. So people in cities who don’t want to drive or can’t drive can still get around, and the people who still want to drive can drive. This would substantially reduce traffic so drivers can enjoy hitting the road more. For cars, trucks, and SUVs, hybrids would be the best option going forward.
@wam7484
8 ай бұрын
Toyota being late to EVs means they haven't lost millions of dollars like the others. Smart.
@Anomize23
8 ай бұрын
Me looking at all the companies reconsidering their investment in EVS. The tide is changing in Toyotas favor🍿 funny how things have changed with this FAD
@carrotpig1977
Жыл бұрын
Sony was super big electronics company. But they failed to develop themselves into new era. Samsung LG Hwawei replaced Sony's position. Toyota reminds me of Sony. They don't have enough data of EV. What will happen after 5years from now on? The gap with first mover will be larger than now.
@nevhoffman
8 ай бұрын
The fact that CNBC put this video out without bothering to reference the fact that EV popularity and sales in the US have tanked in the past year and a half, and many companies that have put out EV models are struggling to sell the inventory they have (outside of Tesla) is mind boggling. The only reason that's not happening in EU countries is because of their communist laws forcing EV adoption (similar to CA in the US ofc). Toyota knows what's up.
@Stefan-hf6xb
Жыл бұрын
Has no one noticed they spelled it "RESTISTING" instead of resisting on the thumbnail??
@lifeisbutadream6152
Жыл бұрын
I kept seeing it and wondering if it’s a legitimate word lol so I clicked on this video to see the comments. 😅
@firefly4907
Жыл бұрын
Many people just eye ball the title, they don't bother with spellings. Well, but those who do read the title, Cnbc will fix this after a while.
@petesmitt
Жыл бұрын
incredible that it wasn't checked/fixed before posting..
@Jeddin
Жыл бұрын
If you are the global leader in ICE cars why would you want to pivot to EV where your competitor has a technology and market advantage over you? Especially when hundreds of thousands of Japanese jobs rely on the secondary market of supplying your ICE industry
@renezr70
Жыл бұрын
Ignorance is bliss. Just look at the sales trend for all Japanese automotive. All are trending down for the last 5 years. Toyota lost 9% of global sales but Honda did the worst this year loosing more than 30%. The 2 biggest markets for Toyota are the US and China and both are banning ICE vehicles in 2035, so what are they going to sale then?
@troyfall6573
Жыл бұрын
When you are 200 billion in debt you are going to be in trouble as the world transitiions to a new product and you stand still. They already produce 2 million less vehicles today than they did a few years ago. Toyotas biggest market is the US and they are going to be late to the game.
@ChristianRunsNY
Жыл бұрын
@@renezr70 There won't be even a hint of a full ban unless the infrastructure is there, which is a reason most people don't go EV. If things move in that direction beyond broken electrify america kiosks, then I'm sure it would open up their wallet to EV development.
@renezr70
Жыл бұрын
@@ChristianRunsNY false, the electric generation has grown around 4% each year for at least the last decade and with the new IRA law this is going to accelerate. There is also the deployment of residential solar power which is giving homeowners more energy independence.
@jont2576
Жыл бұрын
Third world population is still massive and a 7 billion human being market waiting to be developed and exploited,these people are poor as hell and sure as hell can't afford no ev,if u can afford a $2000 second hand Toyota u are considered middle class in Iraq and pakistan.the third world will be the biggest market for secondary luxury used Toyotas.most of these countries are dilapidated,they barely have enough toilets as it is let alone EV charging infrastructure,ffs they don't even have drinking water u expect them to have ev charging stations?however anyway a man can carry a Jerry can of gasoline,u can charge a Toyota.
@jim3832
8 ай бұрын
There is no disadvatage to come in to EV battle later for Toyota. All the information cant be hidden these days. They will research other's failure well and come up with perfect product when the time is right. Toyota already has great number of patents on EV technology as well.
@maxheadrom3088
Жыл бұрын
I think plug-in Hybrids are better than fully electric. One thing people seem to forget in these videos is how much carbon and pollution is generated by Li-ion battery manufacturing. I also have not seen much about HCCI engines around. (not sure it's HCCI - it's a ICE used by Formula 1 cars that has a thermal efficiency above 50%)
@ekim4926
Жыл бұрын
U mean mentioning that you don't really reduce pollution, you just put the pollution away to some place that's not directly in front of you? Why on God's green Earth would they not mention that?
@rogerphelps9939
Жыл бұрын
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.
@lloydranola
Жыл бұрын
I’m glad hybrids are still around, but was sad to buy an EV this year without having Toyota as an option to consider.
@patricksweeney6334
Жыл бұрын
(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.
@krissp8712
Жыл бұрын
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!
@deaddoll1361
Жыл бұрын
@@patricksweeney6334 You mean companies that realise there are many people in the world who can't take out an eye-rolling loan for a car. Go on feeling smug and superior about your "investment" but just buying a new car of any kind is way out of the price range of many. Just one of the many massive container ships that traverse the globe generates the pollution of 50 million cars in a year, so your "sacrifice" is cancelled out in seconds. EVs are responsible for a lot of hype, but the largest pollution sources still fly under the media radar.
@007mooo6
Жыл бұрын
@@patricksweeney6334 EVs are just as bad and even the mining of materials such as cobalt for tesla involves child labor
@foxgood
Жыл бұрын
Difficult for Toyota to abandon their hybrid system which it controls perfectly, for a 100% electric system which will bring them back to square one in terms of efficiency and durability, while their hybrid system is recognized for their efficiency and practically lifetime no-hassle warranty.
@twocansams6335
Жыл бұрын
Heavy machinery like excavators, bulldozers and large dump trucks can't run on battery's, hydrogen development will continue along side electric.
@form76
8 ай бұрын
I still believe Toyota will be proved Right in the long term when it comes to EVs and their general stance against EVs .EVs are highly overrated ,Complex to run and maintain , with the annoying charging and software downloads needed to get to charging. Thank God for Toyota .
@kseyffert
Жыл бұрын
Insane! Just because you label something as enviro mentally friendly does not make it so, or even that it can work. Then you want to blacklist anyone who opposes you in anyway. Just simply insane!
@user-yc3fw6vq5n
Жыл бұрын
I agree 100%
@teoengchin
Жыл бұрын
It's telling that they choose to be led by the market instead of leading the market
Пікірлер: 4,7 М.