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Old 01-23-2024, 09:00 AM   #1815
Street Pharmacist
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It's Toyota a stupid car company, or is it the stupidest?

https://www.bloomberg.com/news/artic...reach-30-share

https://twitter.com/user/status/Chairman Akio Toyoda believes battery electric vehicles will reach at most 30% market share, with the rest taken up by hybrids, hydrogen fuel cell and fuel-burning cars.

Hydrogen fuel cell? Still on that train? That train sailed almost a decade ago. And 30%? Why 30%? It's already above that in many markets. It's completely arbitrary

https://twitter.com/user/status/Last year, Chief Executive Officer#Koji Sato#said Toyota would sell 1.5 million battery EVs a year by 2026, and 3.5 million by 2030.

No. No you won't. What is Toyota at after 2023? 100,000 EVs with no substantial infrastructure scaling to meet this number? This is a projection they're not even trying to hit, just to keep some nervous shareholders happy
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