300 sats \ 2 replies \ @TomK OP 4 Feb \ parent \ on: Did We See Peak Davos? econ
I found the articles. Toyota EV sales make 0.9% (!!) of their business. It's more or less irrelevant until now: https://www.motor1.com/news/706746/toyota-electric-vehicle-2023-sales/
And their strategy points at hybrids like I said: https://www.themanual.com/auto/toyota-says-evs-wont-beat-hybrids/
IMO the hype will end with its subsidies. That's what happened in Germany.
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0 sats \ 1 reply \ @kr 4 Feb
0.9% seems pretty reasonable for Toyota, I’d imagine Ford is probably also around 1% too.
But expecting Toyota and Ford to shine a light on the future of automobiles is like asking JP Morgan and Wells Fargo for their opinions on Bitcoin.
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0 sats \ 0 replies \ @TomK OP 4 Feb
Until now nobody ever could give me a coherent answer on my question where do we extract the ressources for the electrification. They simply don't exist and if You quit subsidies for the consumer the market collapses. The planet will be running on oil at least the next 3 generations.
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