Still Bullish on Hybrids, Will Toyota Leapfrog EV Tech with Solid State?
Lexus Test Driver
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Likewise, you keep on trying to put down TMC - your greatest nemesis - to push up your favorite Hyundai Motor Corporation.
TMC sold 10.5M last year to HMC's 6.8M.
TMC has equity assets less liabilities of US$200B, while HMC is about US$64B or whatever.
Each to their own.
You like HMC? Buy it.
You like Tesla? Buy it and enjoy...
TMC sold 10.5M last year to HMC's 6.8M.
TMC has equity assets less liabilities of US$200B, while HMC is about US$64B or whatever.
Each to their own.
You like HMC? Buy it.
You like Tesla? Buy it and enjoy...
I'm not the one who brought Hyundai into this, but it goes without saying that Toyota's progress on EV's in every manner lags far behind Hyundai.
Last edited by Motorola; Apr 4, 2023 at 12:01 PM.
Lead Lap
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Sorry, what does Toyota's global sales have anything to do with whether they will create solid state battery EV's that you are fantasizing about? You've managed to dodge that entire question throughout the thread by repeating a mixture of both false (and irrelevant) statements while constantly moving goalposts, like above.
I'm not the one who brought Hyundai into this, but it goes without saying that Toyota's progress on EV's in every manner lags far behind Hyundai.
I'm not the one who brought Hyundai into this, but it goes without saying that Toyota's progress on EV's in every manner lags far behind Hyundai.
Don’t you worry about that.
It’s only early days.
Look at Canon.
Canon were behind mirrorless pioneer Sony.
Now, Canon’s entire range from entry level to flagship is mirrorless.
They say Canon still sells and makes more than all competitors added together.
Lexus Fanatic
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Lithium carbonate prices plummeted by 55% year-to-date
Toyota says they will sell 30% BEV by 2030. If that's what you mean by catch up then yes they will assuming Toyota does what they promise. They were supposed to have a bunch of EVs by 2020 according to Toyota.
Lexus Champion
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Lexus Fanatic
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I don't see how the Canon example is even remotely comparable. Proper example is another camera maker known as Kodak who in a tragic case of irony invented the digital camera. Kodak was convinced no one would ever want to look at photographs on a television.
Mirror to mirrorless is a tweak going from gas to fully electric is a step change.
Mirror to mirrorless is a tweak going from gas to fully electric is a step change.
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Lexus Fanatic
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Kodak is poor example IMO. Toyota is using their resources very efficiently and effectively. Now compared to Tesla who has had to make massive 20% price cuts worldwide to help boost slowing demand. Toyota sells every vehicle they make. No discounts period. No manufacturer including Tesla are in high a demand than Toyota. Lexus #2
Lexus Fanatic
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Tesla earns 8 times more profit than Toyota per car
Even factoring in price costs Tesla is far far ahead and still had not fully ramped up Texas and Germany. Your claim of slowing demand has been disproven over and over again.
Lexus Champion
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Lexus Fanatic
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Cope however you see fit, Tesla sales are booming Toyota's are shrinking.
"Many investors believe that Tesla's recent price cuts reflect a structural cost advantage that will enable it to pressure rivals and capture outsize volume and dominate the EV market," wrote Toni Sacconaghi,
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Lexus Fanatic
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