Subsonic doesn’t mean shit either. It’s all about inertial energy...

It seems most automakers introduced expensive options of vehicles shaped like what most customers would buy (trucks/SUV). They built in profit like they read about Tesla having, despite knowing Tesla doesn’t have to share any of its potential profits with dealers. Released the models in a time of excessive dealer…

The media has been after EVs for a long time (except Tesla).

7.8 percent of new car sales in America, Automotive News reports that this has dropped to 7.7 percent

“Toyota’s Chairman Is Having His ‘I Told You So’ Moment About EVs”

This is a suprisingly poorly writen aricle.

EV sales are flopping? Hardly. Overpriced cars like this are flopping.

I suppose dealers could be pulling a surprise markup, but there 158 F-150 Lightnings within 100 miles of Chicago, and the most expensive one is $96,875. There are 18 that are under $60k, and 42 under $70k.

Toyota’s actions of late remind me a lot of Microsoft from the 80's - 2010's

Earlier this year the news was that Tesla Model Y was the #1 best selling vehicle model in the world, and Model 3 was somewhere around #5. The Y starts at $44k (before tax credit, around $37k after) and the 3 starts at $39k ($32k after). They are massively outselling Model S and X which start at $71k and $80k.

Buyers seem to be a bit more selective now. With the financial pressures they are not just buying any EV that turns up. Some brands are still selling everything they can make (e.g. Tesla), but rubbish EVs such as Toyota’s feeble offering are not attracting much interest. The same is happening for Ford and VW, though…

Exactly. Sales are down across the board due to high interest rates, but the market share of EVs has been steadily rising.

Step 1: Make what’s arguably one of the worst EVs

Yep, that part is a total lie too. It’s more like the opposite, Tesla is selling well more than 3x the EVs than Toyota is selling PHEVs. If Toyota put their heart to it, they should have been able to do lot better in EVs (for example back then if they released a Prius EV instead of naysaying), but instead it is…

The production limitation on the Prius is absolutely baffling to me. It flies in the face of their whole “but we can make three PHEVs for every BEV” argument. But that’s everything about Toyota’s position on EVs, disingenuous to the core.

Q3 2023 EV sales in the U.S. were up around 50% year-over-year vs Q3 2022. Hardly a “I told you so” moment.

Auto sales in general are soft right now, it just so happens that some of the highest margin products on sale right now happen to be EVs. As happens with any decline in a market, the high margin stuff is going to suffer more than everything else. I’d love to see a comparison that shows more reasonably priced EVs (say,…

Quite misleading, Toyota’s EV sales suck because their EV sucks and is not competitive.

I know...it’s ‘trendy’ to be anti-EV these past three months...but time will really tell on this one and that long term outlook is EV.

The problem is this subsidy is to encourage the adoption of EV’s so carmakers can achieve the economy of scale. There is no reason to have an income limit at all. The widespread adoption of EV is good for everyone, including the ones who cannot afford EV’s for now. The theory is that once carmakers can churn out EV’s…