Featured GM pulls back even more from EV's

or...... could Toyota simply ended up very very lucky that Biden lost? Slowing down free money to EV manufacturers? Causing Toyota to not be the last place losers of ev foot dragers?
Same story, different outlook.

 

OR … Since … this big stupid fvcking issue is at hand, there must be NO need for EV development and/or rebate $$$ for people buying EVs. Because the leader-in-charge is a CONVICTED FRAUD … a 34Xs CONVICTED FELON … a CONVICTED RAPIST … and a CRIMINAL GRIFTER … who gets nothing from ANYTHING GREEN, including EV Production.
.
[<< Defense Secretary Pete Hegseth is asking Congress for roughly $67 billion in emergency supplemental funding to sustain military operations in the war with Iran, restock munitions, and cover operational costs.
This $67 billion request is part of a broader White House funding package totaling $87.6 billion in emergency national security and allied needs. Hegseth testified before the Senate Appropriations Committee that the Iran war has cost an estimated $37.5 billion so far. >>]

 

Funny how the government axing support for EVs and clean cars could lead to a company reducing investment into those products. In other major markets, GM is speeding up electrification(China) and only sells EVs(Europe).

Meanwhile, Toyota can boast about huge percentage increases in EV sales because they were selling such little numbers to begin with.

 

Wasn't that many years ago Toyota was bragging about coming up with a NEW platform - other than the e-tgna due to its more expensive production cost that supports both batteries & their internal COMBUSTION engines.

https://insideevs.com/news/661265/toyota-working-on-ev-only-platform/

Makes one wonder if the new political environment is going to cause the new platform to be scuttled all together now, especially for USA customers.

 

.




That "new political environment" ... IS KILLING EVERYTHING GREEN.

 

op sounds bitter

 

They're making so much money on ICE trucks they would rather build those.

 

What’s funny is they aren’t.

automakers figured out they could sell fewer cars at higher prices forgetting that by doing so you get a feedback loop of fewer and fewer sales.

EVs have gone up in price exponentially this year and fewer are available for sale, meanwhile everything else is selling in smaller and smaller numbers (like a recession)

Turns out the number of us consumers who are willing to pay $30,000+ is finite and shrinking

 

Not sure I’m a gurus but I did trade-in my 2017 Prius Prime for a 2019 Model 3:

• TSS-P insulted my engineering
  • Autopilot crash avoided FIRST month
  • ~93% Self Driving
• 56 MPG versus about ~130 MPGe Model 3
  • ~$7.50/100 miles vs ~$2.50/100 EV miles (pre solar roof)
• 182,000 miles Model 3 today vs 175,000 miles with 2003 Prius

There are credible reports that Toyota EVs are competitive in China. My situation does not make new EVs attractive over a ‘beater’ Model 3 to backup the one I already own and operate.

Bob Wilson

 

Toyota now ranks among the top 5 EV sellers in the US

Toyota took fourth place by selling 88 more EVs than Cadillac.
Chevy sold about 6400 more than Toyota.
Include Lexus, and Toyota sold less than half the EVs GM sold in this year.

Electrified figures include hybrids without plugs, which aren't a measure EV performance.

 

OR perhaps Toyota has an engineering lead developing electrified vehicles. How could YOU have not known that, or do you just like to stir up controversy?