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© KYODOToyota global output in July falls 0.6% on stiff price war in China
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JeffLee
It's more than just "prices." If Toyota made the equivalent of a Chinese BYD Seagull -- let's say a fully electric Yaris selling for $15,000 (Seagull goes for around $12,000), production would go through the roof.
Not a lot of demand out there for hydrogen and there will less and less for gasoline, I'm afraid.
Eastmann
JeffLee
need to take in consideration of loosing of russian market for political reasons.no brand new Toyota sales there/except grey imports from UAE etc/
Toyota is strong in hybrid cars field,Toyota hybrid cars sells well everywhere.
yoshisan88
From Toyota Australia back in June:
Toyota Australia announced today it will no longer sell petrol-only variants of RAV4 and all other models where hybrid-electric vehicles (HEVs) are available.
The move means that Corolla and Camry sedans and the Corolla Cross, RAV4 and Kluger SUVs are now 100-per-cent HEV for customer orders.
Fighto!
Those dodgy Chinese "Seagull" vehicles are going to cost a lot more in America than US$12000 if Trump wins in November. Wouldnt be shocked if he takes Canada's cue and puts a 100% tariff on Chinese EVs.
yoshisan88
It will only become a reality when we can fully charges an EV in less than 5 mins. and well maintained charging stations are everywhere.
Ed
And still here in Australia we have a 6+ month wait for a Toyota.
And those pushing EV's - those who buy one with current battery technology are in for higher insurance premiums until the battery thermal runaway issues are resolved. The electricity grid in Australia is already reaching its peak without EV's to add to the load on top of all the data centres that will need much more power draw from the grid. And don't start me on the lack of charging stations in this huge country. Even along the eastern seaboard the lack of working charging stations is laughable.
Happy to buy a Toyota Hybrid, but given up on paying full price (some dealers sell above this) and having to wait for it.
yoshisan88
From the internet:
LFP battery
LFP batteries have a superior thermal stability, making them resistant to thermal runaway even under extreme conditions. This inherent safety feature makes LFP batteries a preferred choice for applications where safety is paramount.
yoshisan88
According to information on the internet, the annual premium for a BYD Dolphin is about the same as a Toyota Corolla Hybrid.
Torelol
Japan's automakers were never interested on electric vehicles until it was too late. Now we star seeing the consequences and it will get way worse in the upcoming future unfortunately. But hey, at least the yen was dirt cheap so the imported revenue must have been great this year, unlike for the rest of us, poor peasants.
yoshisan88
Not really. EV was predicted to be the future but now it looks likely BEV, PHEV, Hybrid and ICE vehicle will exist together in the near future.