this post was submitted on 30 Oct 2024
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Electric Vehicles

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Toyota’s production falls for the first time in 4 years as slow EV shift proves costly (electrek.co)
submitted 5 days ago by [email protected] to c/[email protected]
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[–] [email protected] 8 points 5 days ago* (last edited 5 days ago)

Tesla moved to Texas in 2021. Toyota merged 2 companies and moved both to Texas in 2017.

They also bet on hybrid, not EV. If you look at those offerings, it shows.

Lastly, Toyota recently spent 3.4B in a new battery plant so they can make their own. Let's not call the fight finished just yet.