My VW ID.4 is in a repair shop due to storm damage last week and driving an ICE rental really makes me miss my EV and confirms I'll never go back to an ICE vehicle. Hope you and the family are enjoying your time in the US and have safe travels.
@@bmmontei It was actually wind that brought the tree limbs down on the car so maybe it was radical wind power people punishing me for not using wind to charge the car. 😄
I've been renting Tesla's for almost 2 years now from Hertz. They mostly have given me RWD with a little more than 400 kms of range, and for Canada including in the winter, i've had no issues with range at all. You don't need long rang vehicles these days. long range is a treat at this point. 400+ kms of range is perfect!
After owning numerous Toyota’s… 2017 was when I got rid of my last one. My 2017 model S has been flawless and the ONLY money spent repairing it has been $140 on a rear hatch actuator/lock. Battery degradation of less than 5%. That’s 7 years and only spent a grand total $140 on repairs. Heck, an oil change at a Toyota dealer is over $100 with tax!! What a joke!
Fingers crossed! I hope they gonna copy them without a problem! Nokia’s Finnish management was the same: in 2007Q4 their smartphone market share was 51% - aaand what could go wrong?!? 😂😂😂
@@gyoergypecsiand then a better product came out, the iPhone. EVs are not a better product, you pay top dollar for a lesser product. Why pay more to get less?
Toyota , the number one car company in the world , making cars that people want to buy and selling them at a profit , will remain that way long after we are all passed away.
In addition to the fact that Toyota isn't capable of designing an affordable and appealing EV that can be sold at a profit, a big reason Toyota is pushing hybrids is for their dealers. Now they get maintain their profits from maintaining gas vehicles plus the added profit for maintaining the hybrid components. Dealer networks will go broke if all they sell is EVs that require 1/20 the maintenance and can be updated over the air. But in the next 5-10 years EVs in t he $20k-$30k range will kill off the hybrids . . . and possibly most traditional auto manufacturers. $12,000 to $20,000 EVs are being built and sold in China today. The government may be able to prevent the import of a $20,000 Chinese car, but the knowledge of how to build those cars isn't subject to tariffs.
Very true, dealerships in general do not want BEV's, the minimal servicing and maintenance is not in their interest at all. My friend here in Australia tried to buy an MG4, the whole time the salesman tried to convince him a hybrid would be better.
@@darylfoster7944 I agree: "in the Us" & "today." What about in Mexico in a few years. In the US, automation lowers the impact of labor costs and the knowledge of how to build an inexpensive EV is currently available from China. The problem traditional auto makers have is their bureaucracy is incompatible with rapid change and hostile to any change. That is the problem Nokia had with cell phones. Big, well established companies have difficulty innovating and abandoning their current organizational structures and processes.
@@JDMSwervo2001 How come Tesla can update their vehicles over the air, but other EV makers require you to bring their EVs to to the dealer for updates.
IMHO people want EV's. Today people want 0 maintenance or close to it. For EV's to really take over, the only thing that is left is convenience and perhaps a little more range. Fast charging.
Nah. EVs already have the range, and “fast charging” is an obsession from gas car owners who have never even driven an EV or done basic math. One of the many perks of owning an EV is not having to overpay to refuel. As far as range, they’re up to 400 now. That’s more than 6 hours constant driving. If anything, what we need is better education.
@@ElMistroFeroz That makes sense in the mindset of EV early adopters. But range anxiety is a condition among mass market buyers who don't think so deeply and give credit to the scare stories. I reckon the cure will come in a year or two when new EVs have normal ranges of 600-700km and charging speeds of 400kW plus, for less than an ICE car. Then it becomes a no brainer.
Charging stations have dynamic charging. Australia is already up to $1 per kilowatt hour, soon it will be higher. It will be more expensive than gas to charge your EV for less mileage
During the 2020 pandemic, the air quality in the San Francisco Bay Area cleaned up incredibly well. Record low air pollution numbers. Why? Almost no ICE driving. Traffic came back to normal post pandemic. Now the air quality is horrible again.
@@mikewallace8087 Radio Shack still has a web site and there might even be one franchise store somewhere, but they could have been bigger than Dell if leadership had listened to their employees. I was a store manager for 5 years in the 80s and gave up when they tried to get me to push their non IBM compatible PC. All they had to do is give up parts and we could have built them right in the store, no R&D required.
When you say that their sales are down 21% last month that is ambiguous. Do you mean compared to the prior month (which is my guess) or do you mean compared to the same month in the previous year. You must always make this clear.
If Toyota people don’t drive a Toyota by choice, that tells you all you need to know about a company. Rule 1, you always believe in, use and promote your own product, you cannot fake this… people see what you do and not listen to what you say…
I don't know how it's now. Decades ago, young workers at Toyota HQ in Aichi Prefecture were encouraged to drive non-Toyota cars to experience the strength and weakness of their competitors. So it wasn't rare to see Toyota HQ's parking lot with Nissan, Honda, Subaru, Mazda, Mitsubishi, BMW, Mercedes, etc.
@@aureliancozma251 I can back up JDMS's statement that they are everywhere here, at least in my area of the USA (Los Angeles). They're about as common as cockroaches in a dirty kitchen.
Sam, great stuff. A huge roadblock for wider solar, battery and EV adoption is still the excessive price for home and small business-sized storage batteries. The average home will need 20 to 60 kWh of batteries to meet its needs through summer and winter. But just looked. Enphase batteries are over $1,000/kWh installed. Local inspectors won’t permit McGyvered DIY specials. Most of us now care about clean air and the climate and becoming energy independent from the corrupt electricity and fossil fuel cartels. The major impediment to going solar/battery are that battery costs are too high, batteries are too small (minimum needed is10-20 kWh for the house and 10 per occupied room), and governments don’t offer low inter loans to install solar and batteries.
My cousin was always into Audis and was a loyal Audi customer. Now she has a Tesla model s and says she will never go back to Audi. She loves her Tesla and she loves her car's FSD
We have to ask the question. Will people in the USA be better off buying Hybrids rather than EVs? Sales of Hybrids in the US are increasing while sales of EVs appear to be decreasing. Countries like the US would be better off changing to Hybrids only rather than EVs. The US is a big country and has approximately 384 million registered motor vehicles. If the US goes for all EVs only, the cost of building the infrastructure to charge 384 million EVs is reported to cost the taxpayer in excess of $1 trillion dollars. However, if they go Hybrids only, the cost to the taxpayer will be nothing because the infrastructure is already in place which is a service station on nearly every corner.
@@JDMSwervo2001 that number is not true. Besides I own a lot of cars… BMW X5M, 2 Mercedes, A7, Maserati, Aston Martin and a MODEL X. My family only wants to drive the Model X and it’s the oldest car of them all. We have owned it since 2016. My wife loves it and my kids don’t want to drive anything else. You put a Toyota in my garage and my family would not stop laughing. Put a model 3 in and my kids would drive it. Lexus does not compare to Tesla. Tesla satisfaction rate by consumer reports surpassed APPLE. Lexus is in the B league… and that’s okay…
@@GET2222just cause your family doesn’t like Toyotas that doesn’t tell much of a story about customer retention…You honestly can’t really compare to the 2. The Lexus is more of a comfortable no nonsense well built/overly built car that appeals to car guys while Tesla appeals to a crowd of tech enthusiasts and that’s ok.
I can give some insight as an engineer who has friends who work in the VAG group. The VAG upper chain has given an order that for 2026 a long range electric platform needs to be build, i will quote "I dont care how you do it, i dont care what chemistry you need to use, but in 2026 we need a 1000km range platform that we will offer in our most prestigiuous models". So the order is already given in VAG, similar order is probably given in Tesla and BYD as well. This platform will in my opinion be offered in 2026/2027 Audi Q9 and 2026/2027 Porsche Cayenne. So electrification is coming and dont let anyone tell you that it is not. The Q6 etron has already angered the VAG upper chain as they expected the range to be better than model Y while still providing Audi luxury. So engineers underdelivered and warnings are given before they will be potentially laid off. As for combustion cars, they still have good 10-20 years of production because the market is still there and people do want combustion cars. Nobody knows what will happen after that but if the upper managers are already giving orders about 1000km electric cars, the future of EVs is certain and safe.
Meanwhile in the USA , Rivian is headed for bankruptcy due to poor demand for EV's. After having burned through $16 Billion , their shares are down 90% and they are losing $30,000 on every vehicle they make , with no pathway to sustainability in sight.
@@bomberaustychunksbruv4119 Rubbish. Worldwide car sales peaked in 2017 and have been falling ever since. In Europe, EV unit new car sales are higher than for diesel.
They'll figure it out, should only take a few more years of getting crushed by Chinese EVs for them to figure out how to do it affordably. The same thing happened when Japanese cars grew popular. The American and European automakers cried and moaned for over a decade, many went under. The good companies found a way to compete, and the same thing will happen again. People may cry for Rivian, but people also once thought Saturn was the hot new thing too.
Hasn't VW struck a deal with Rivian effectively saving it from bankruptcy? I'm assuming because VW have failed miserably in their own attempts to succeed in making money from EVs & expect to gain from Rivian tech.
Toyota knows what they are doing. Most Americans are against EV’s. I’m American and I’d love to have a Tesla, but I’m waiting until the EV hate is over. I’d rather not have my car keyed or deal with road rage simply because I have a Tesla.
Batteries are getting better but they still need production increased much more. A way to charge EV's is needed, perhaps small gas turbines, these can run on multifuels and only have a few parts.
And this is what he said back in May 2023 "Toyota Motor Corp.’s top scientist warned that transitioning to electric vehicles too quickly could lead drivers to hold on to old gas guzzlers and called for hybrids to be given a longer leash ahead of a Group of Seven leaders summit in Japan. Subsidies and restrictions targeting combustion cars will make EVs attractive for customers who can afford them, but gas-electric vehicles remain a better fit for other consumers, Gill Pratt, Toyota’s chief scientist and chief executive officer of the Toyota Research Institute, told reporters in Hiroshima on Thursday."
I’d look at an EV if I lived in city or suburbs. But in the country it is not an option. There’s no service infrastructure and lack of a spare wheel and ability to jack it up to change it’s a deal breaker.
People / demand are showing us that what they really want is Hybrids and large SUV's and Pick ups like the Toyota Hi-lux , Rav-4 , Ford Ranger and Ford Everest. EV's are in decline in most markets as purchase incentives ( Government subsidies and mandates ) are being wound back and the pool of EV enthusiasts have already purchased.
If Toyota were serious about electrification they should've today in 2024 pure ICE cars on sale. They should have ONLY PHEVs and HEVs on sale at least.
Toyota will say that we all should buy EVs when they come out with their solid-state battery cars. Until that day, Toyota will say EVs are suboptimal. Here in California, many of our hydrogen filling stations closed. Unless hydrogen can be sold for 1/3rd of its current price, it is a dead-end.
According to CEO Tony Weber of the Federal Chamber of Automotive Industries, sales of BEV’s in Australia have stagnated (his words). Hybrids continue to be more popular than battery cars and the best selling car in September 2024 was the Toyota RAV4 (ICE). And even more odd, diesel vehicle sales are on an upward curve. So what’s happening in China and Norway is irrelevant, a different landscape and can’t be applied to the Australian public. It looks like Government policies for 2035 and beyond will just have to be modified to fit in with the motoring preferences of the population.
IRL, Toyota hybrids are selling like hot cakes, supply far exceeds demand, so dealers are jacking up prices. My local Toyota dealer in Northern California is asking: Sienna $5K over MSRP Camry $2.5K over MSRP Highlander Hybrid $5K over MSRP RAV4 Hybrid $2K over MSRP Corolla Cross Hybrid $5K over MSRP Prius $3K over MSRP (Prime $5K) Toyota is going to be fine for next several years just working to fill hybrid demand. Their biggest issue is going to be supply. They can even raise prices and take some of the dealer mark up for themselves. You don't have to like them, but they aren't stupid. There's no profit in EVs unless you are Tesla, but plenty of profit in hybrids.
😂How about they never catch up on the back log during pandamic. They still using chip shortage bullshit in North America. Which it is never a thing in Asia. They rip us off to compensate on the lost in Asian-Oceanian market.
@@litchips I fully understand what you are saying about Toyota and concede there is some validity to what you are saying, but none the less........... The world is supposed to be mitgating CO2 emissions as quickly as is practically possible. On that pressing need, the behaviour of companies such as Toyota is part of the problem, not the solution. If a company is not striving to achieve maximum possible CO2 emissions mitigation as best they can, after all the science based warnings and advice over numerous decades, then they are part of the problem, not the solution. The increasing promotion of hybrids is simply a marketing survival ploy attempting to slow down the adoption of EVs, aimed at people that are ill-equipped to identify it for what it is. That marketing ploy will ultimately fail though, but while it lasts, it is and will place increasing pressure on emissions mitigation requirements! I have children, who themselves now have children. All the Toyota execs will be long gone by the time the generations coming though have to deal with the difficulties that companies like Toyota have wilfully decides to help leave them with. I will never buy a Toyota, ever, and I do my best to highlight to people how Toyota are behaving, whenever opportunity presents. That is a real shame it has to be that way.
@@BrentonSmythesfieldsayeclimate change is a hoax. Put down the kool-aid, lay off the pipe too. Your rant is nothing more a climate hysteria. EVs will barely make a dent in co2 levels worldwide. Heavy industrial and transportation need to be addressed as well as upcoming 3rd world countries. The world is a 100 years away from addressing these problems. They will not be stopped by authoritarian dictates which is what we have now.
Meanwhile in Australia , Sept 2024 EV sales fell by 27% vs Sept 2023 , to only 6,400 vehicles which was only 6.6% of the total market. Toyota was the market leader .
EVs make no sense in Australia or the US. the range isn't good enough. No where near enough charging stations. Maybe in 10 or 20 years, right now I wouldn't touch an EV with a 10 foot pole.
@@rogerthat2538 It's true that the charging infrastructure for long range driving needs to improve. However, how many people do you know that drive long distances every day aside from people involved in logistics or farming? Most people in the city wouldn't drive far at all for 99% of their journeys.
Leonard, you are missing the point. Before the pandemic EVs made up almost zero of the Australian new car market. Even if the EV sales rate is only 7% this still represents an almost infinite increase of EV sales. In 2025 and 2026 the choice of Chinese EVs will increase dramatically and the prices will fall. Chinese cars will soon become the number 2 source of new cars, replacing Thailand. Within 5 years, Japan will lose their leading market position as Japanese EVs are rubbish and overpriced. Australian 2 petrol car households spend a massive $84,000 with fuel and engine maintenance over 20 years. An EV powered by home solar costs nothing. You cannot beat zero dollars. Ever.
@@rogerthat2538 Bullshit. An EV has 500km of range. An EV driver charges his EV at home where the EV regains its full 500km of range in just a few hours. When was the last time you drove 600km each day, 6 days a week? That’s right. Never. EVs are everywhere in Australia.
@@user-kc1tf7zm3b No , I am not missing the point , I am highlighting the point that EV's are failing to reach the targets and predictions for market share which have been made by their proponents. 6.6% is well short of predicted figures , AEMO have cut their forecasts for EV's by almost 50%. You are conveniently overlooking the large purchase cost and depreciation of EV's , which means they are never zero dollars. As awareness of their poor reliability , inconvenience , impracticality and bad resale values increases , their market share will continue to languish. Despite years of Governments and others pushing EV's , they have failed to gain even a 10% market share , as most households prefer practical and reliable vehicles like Toyota Rav4, Hi Lux and Ford Everest and Rangers. 6.6% market share is evidence of the failure of EV's to gain popularity with consumers ,,claiming it a success because it is a large percentage from a zero base is misleading. Japan will retain their market leading position by selling cars that people actually want , ICE and Hybrid . In 25 years time , there will be 33% MORE ICE and Hybrid vehicles in the world than there are today.
Toyota has pulled back on their full BEV push recently because they weren't selling as well as expected. They've been pretty quiet about their solid state batteries that they claimed to have working. They're going to hang on to hybrids, and pretend that's what they really meant.
It's been a few years since Toyota announced it'll build a massive $14bn battery factory in North Carolina to manufacture batteries for hybrids, plug-in hybrids, and BEV production in North America. Initial limited production is scheduled for 2025, and completion around 2030. Given that there is strong demand for Hybrids in North America, and that most Toyota models for Northern America will offer a Hybrid version in the near future, I assume internal priorities are focused on increasing production and procurement of Hybrid batteries. Already 40-50% of new car sales in North America for Toyota (and Honda) are now Hybrids. Toyota also bought out one of the Joint-Ventures with Panasonic (PEVE) to strengthen hybrid battery production.
PHEVs are pointless as they are financially and mechanically inefficient cars. Only a moron would want to buy a PHEV. Come 2030, PHEVs will be as worthless as petrol cars.
Hybrids will work for three more so years if lucky. If they don't start getting serious with pure EV, their gen1 or 2 will be obsolete when Tesla is on gen 4+ ... lowest cost, more feature rich than the comparable offering. You know be like Toyota and ignore the actuall trend. Pure EV is at 9% of all vehicles sold in the US. Those that don't sell EV is mising out 9% and counting. 9% then 12% then 17%... no big deal, right Toyota.
If people really wanted evs then they wouldn't have to ban ice cars and subsidise evs. If makers go all electric it's because of guvament policies not consumer choice. So you are predicting guvament policy not consumer demand.
@mnhsty I would be happy to end any fossil fuel subsidies. There are few if any any way. Where I live there aren't any but our green left keeps making the claim. When pushed to actually name or specify them, all they come up with is that fossil companies are not being charged for the indirect damage they do to the environment. That's it. You can say that about any human activity from Hollywood to agriculture to Christmas. In fact the company taxes and fuel taxes contribute tens of billions per year into guvament coffers.
Norway has a lot of EVs, that’s true. I noticed this myself when we were travelling through Norway, Denmark, Sweden and Iceland a couple of years ago. In fact I almost got hit by a Tesla in Bergen while crossing a street. Bloody thing was so quiet I didn’t hear it 😅. But it’s an odd thing that 74% of Norway’s exports are huge amounts of oil and gas, a contradiction that essentially cancels out the “green” label of approval that people tend to stamp on Norway.
the idea is to focus on the demand side of oil and gas in Norway and electrify the oil platforms, then provide oil to those that require it. currently a lot of oil and gas is issued by the oil and gas industry as fuel and that is a target for reduction. it might seem contradictory and weird, but what else should a major exporter of oil and gas do. the other thing is the maximization of exports by reducing domestic consumption which I cynically think is of the reasons for this. the idea is that it would improve Norway's trade surplus, increasing it's holdings of foreign companies in the oil fund.
Toyotas hybrids are killing it for obvious reasons. I just toured NZ using very little petroleum and suffering no range anxiety in one of their lovely reliable hybrids
Sam, I think you need to explain it more clearly that Toyota is not going to a purely EV line-up of vehicles for sale in the USA, but they still sell almost all their models in a hybrid ICE/EV form. Also with China rushing to EVs, they are an authoritarian country and EVs have been mandated by 2030 (or 2035?), so the public does not have a choice like here in the USA. Recently in Southern California there was an all-EV charging 'gas' station that opened up. It looks similar to a regular gasoline fueling station you find the USA but its only for EVs. Its got a large convenience store associated with it with a lounge area. I've got my doubts whether it will be successful. Its in Santa Ana, California, not far from Disneyland. Look it up on RUclips under the television station KTLA 5 'EV Gas Station opens in SoCal' as they did a short segment on it last week.
It doesn't fit his narrative because he's been saying for years that Hybrids are a waste of time and Toyota has been proving him wrong the whole time...
Don't remember us having much choice when they stopped us, rightly, from having petrol with lead in it and then they forced us to have catalytic converters so don't see much difference. And in fact you don't have a choice in the US as you can't buy a Chinese EV, whereas the Chinese have a choice of whether to buy US or Chinese cars. Interestingly they used to be more reluctant than us to buy Chinese cars but now they're so well built and sensibly priced that all the western ICE companies are struggling out there.
Toyota won’t stop making conventional cars. All these rules for 2030, 2035, etc, will be put on hold, extended or watered down. Only 15% of the world’s countries have set an electric vehicle target. I’ve seen articles in various financial publications, automotive publications, etc, that the long term forecast for BEVs is expected to settle down to about 30% of the market. Hybrids also probably taking up 30% and the remainder being conventional ICE. Some countries will be different, China for example as Sam pointed out (no surprise there as they make most of the EVs) but you have to look at the trends of the entire 195 countries of the world, not just a few wealthy ones.
That is probably because in VS as in EU the sales of EV's collapse and people just buying hybrieds in masses. Is the main engine of hybrieds not a gas engine?
Two words sum up what happens to everything and everyone in the world today MONEY RULES. And the only reason Toyota has not fully embraced going fully electric is because it is not yet profitable enough to do so. None of the major car companies have been able to so far so why should Toyota be any different. You cannot compare them to BYD or any of the other Chinese car companies which have an 'unfair' advantage.
Their "turbo" engines (and the turbo engines of competitors) meant to hit EPA emission standards are having all kinds of problems. Compare that to the simpler and more reliable electric motors. They have gone as far as they can with internal combustion and as soon as ranges hit 400 miles all electric, that is literally the critical mass needed to kill the ice. It will be here in a few years time.
Mercedes will give its employees the chance of trying out an EV during workhours because the CEO said that most of them even never tried an EV. (check out the amazing debate on DW about German car industry featuring CEOs of Mercedes and Xpeng). Toyota should do the same.
@@i6power30 Imagine your family are all petrol heads. You spend 5 years in college to become a mechanical engineer, get hired by Mercedes and one year later they tell you EV's are the future. That's the situation in the car industry.
Sam . Toyoya sell 10,000,000 cars a year. Tesla sell 1,800,000. Toyota sold out of Tesla, because Musk is a nut case, and he doesn’t have a solid business plan. Toyota is going full Hybrid in America. The Camry is also only available in Australia as Hybrid from 2025 on. The new Camry produces 20% less CO2 than a model 3, costs $20,000 less, gets 67 MPG, and will be saleable after 10 or 15 years. a model 3 will be worth parts only.
I can’t believe any human wrote such rubbish - Toyota is tanking as I write this - lost out in China completely and their EV is made by BYD !! Toyota will have an ever decreasing number of sales they peaked at 12M I think if they sell 3M by 2030 they will be celebrating
Japanese car manufactures certainly have dropped the ball here but I do not want Japanese manufactured cars to end. I am no autocracy Chinese EV fanboy!
What utter bullshit. Claiming that diesel or petrol cars are making a comeback is like saying CDs are making a comeback. Diesel cars and CDs are technology from the 1990s and are both utterly obsolete.
Hahahah Toyota is so correct. Their hybrid sales are high while EV sales are so bad that most OEM have changed their strategies. People don't want EVs due to the lack of infrastructure and high cost public charging.
Recently posted at Steven Mark Ryan's RUclips channel: At Butler, Musk convinced me. So enjoy the 100 shares of TSLA I just sold. The rest is on the market and will be gone by the time it reaches $200/share. It isn't personal. Just sometimes even successful people need to "pass the torch" to the next generation.
Toyota is the smartest auto company. Sales volume, profits, and keen attention to what its customers want to buy. It is not the time to shove EVs down peoples throats. I admire Toyota for going about the transition to BEVs methodically and intelligently. Even if todsy they produced 50% of their model lineup to BEVs they would not find customers at volume. Tesla backed off on their 20 million caes annually by 2030 as they are struggling to get well over 2 million. Toyota? Still over 10 million vehicles. All car makers will lose the China market so volumes may decline but Toyota is at the forefront of navigating the movement to cleaner energy vehicles. The Toyota bashing here while quaint is ignorant. I'm not a Toyota lover but admire a company that is truly customer oriented and operates its business with intelligent well considered plans.
Toyota has to make a profit. Currently no company other than Tesla has been able to turn a profit on EVs and it doesn’t help that not enough people are buying them
@@JDMSwervo2001 BYD makes a profit on EVs as they are hyper efficient with EV production. Other Chinese EV marques will follow as they optimise their organisations and production processes.
I think Toyota wants their stance to be right and in short term thinking they are absolutely right. EVs already cause inconvenient charge station lines in congested areas, imagine a seriously large number of EVs across the US, consider if everyone at a Bucees got there in an EV and need to charge to 80%. It would seem to you that Toyota is absolutely right. Toyota also has a national problem with generating electricity to charge a full population of EVs. They are right that PHEVs should be their main business, let others take the hit developing the EV standard and then they copy it or buy the best company they can. Toyota gets full price for most of their PHEVs. If their prices drop please let me know I will buy a Lexus RX450h+ in a heartbeat. PHEVs are identical to a full EV that us only used for commuting. If the PHEV is in EV mode most of the time then the extra weight of gas engine is same as carrying the way oversized battery for commuting. In the US, range anxiety for many areas in the middle of the US is a real thing and that is with relatively low EV adoption (yes, EVs are still a tiny number in the US). I am not talking about East or West coast, they are a model of how far the rest of US have to go to catch up to bare bones infrastructure development for EVs. I have an EV and I love it and we use it as much as possible but I don't trust it as an only car. I am actually all for another EV that I keep just for bidirectional charging as a home battery system and use it as a car sparingly. To me a Leaf would be good for this (for me just enough capacity and power delivery rate), charged by my 18 year old PV system and expanded new system. Toyota is doing the world a serious disservice by pushing H2 or other alternative fuels (NH3), those are just stupid ideas.
2 is one, one is none. I like the idea of having a small ICE as a backup in an EV appeals to me. The PHEV is the perfect vehicle when they eventually get the range over 100 miles in EV mode.
@@MaddNomad1015 I call them lemmings, they hang off every word he says, never double checking his data and"facts".I love electric cars and hope to buy one in the future to replace my aging camry hybrid.Still waiting for that cheap power from you know all those solar and windmills...
@@Mixos_placethe facts bear out what he’s saying. Q2 EV sales set records in the US according to Cox Automotive data. Q3 data is due out any day now. My electricity is $0.10/kwh which gives me a fuel economy of 40-50 miles per DOLLAR. If I get smart meter soon I might get even off peak electricity even cheaper. Edit: if you live in a states with deregulated market you can choose your electricity source.
Toyota has a lot of fans based on its history of reliability, but that's just it - history. Toyoda took over the company in 2009 and quality has been going downhill since then.
😂Depends on where you are. In China, the lv3 Charging Station is adequate except during big holiday. In US, and Canada, you are ok with tesla. Others, you will thing life owning a Ev is hard
@@lauchlanguddy1004 rural doesn't count? Why would you even own a car if you live in a city, just a waste of money when you could rent one for the twice a month you might actually need a car.
@@vhateverlie PHEVs are for idiots. For drivers who drive long distances most days, the running costs are even worse than petrol cars as PHEVs are less efficient as these convoluted hybrid cars are heavier than petrol cars.
Meanwhile in the real world , Toyota is the top selling car maker on the planet , and ranks in the top third in terms of profit per car . Not diving headlong into EV's has saved them a fortune and has maintained their world leading status among the world's car manufacturers.
Yes...I can't see how people can't see this....who do they think Toyota should of emulated when transitioning to EVs?... Ford?..VW? 😅 They have been right all along about everything and played the market perfectly..
Except... You start falling from your peak.... You can't fall without altitude.. and a star shines it's brightest when it's about to die... Look at any graph for Nokia, Kodak etc look where the downfall starts
talk is cheap. Give us the numbers, preferably sales numbers in all their important markets, so China, the USA, and Europe. What were their sales last year? What are their sales so far this year? Don't just tell me he's wrong, prove it!
I agree, lots of people got investor money by telling them how big the public transportation business will be with there is a new method of getting around. That makes no sense. The point to point ride business size is already known and it's no where near what they say they will get, even if they get 100% of it and that's just not possible.
@@JDMSwervo2001 Nearly all consumers are not ‘JDM’ fanatics and could not care when Toyota eventually fails. Petrol cars are utterly obsolete compared to EVs which are drastically cheaper to run.
Again more FUD. Comparable EVs weigh the same as ICE vehicles. That’s because there are only 20 moving parts vs 2000 in ICE vehicles. And even more moving parts in hybrids.
Though they’re wrong, Toyota sells tons of cars globally and of course they’re going to have opinions. Not sure why would you think “as though they know how Chinese and Europeans think”. Toyota is so far behind of course they’re going to say anything that will lead to Osborne effect.
@@user-kc1tf7zm3b Actually it does, because a lot of countries around the world don't have the electric infrastructure to support conversion to EVs, not to mention the purchasing power of a lot of the citizens in those countries; they can't afford an EV. EVs will have a solid place in the worldwide vehicle market, but I pretty confident ICE vehicles are going to be around for quite a while longer.
@@crosslink1493 VW are selling the ID3 for $15,000 in China, and the Chinese are selling cars for $5000 and under, which will be a whole lot more popular than any ICE car in the Third World.
@@user-kc1tf7zm3b It does matter because many of those Toyotas are hybrids. The Hybrid segment is growing faster than EVs, even in China, just as the CEO of BYD predicted. When the Viking discusses China EV sales, he is actually quoting NEV sales which include hybrids.
@@JP16758There is a conflict between peeps who know we have to reduce emissions & the disingenuous FUD created about BEVs. Hybrids being the compromise choice. Hence their rise in popularity. Once many of the FUDs are dispelled by long-term experience & technological advancement, their next vehicle will much more likely be BEV. Especially as, instead of buying the best of both worlds as many are being told by dealers, they find out they’ve bought the worst of both worlds. An ICE that still needs expensive servicing & a small battery that is frequently cycled - quickly reducing its capacity.
Not even close. All they'd have to do is remove the ICE drivetrain and increase the Prius battery size to 80 KWh to get about 350 miles per charge. With the reliability reputation baked in, Tesla would be in trouble. As a profitable public corporation, they don't need to yet.
2:56 Just because he has a Tesla but doesn’t like them means nothing. EVs are not fit for all uses that’s a fact. The same reason Sam has a petrol car. And only just got an ev. Talk about hypocrite…
The best solar company in Australia just installed my new solar system.
Check them out here: www.resinc.com.au/electricviking
My VW ID.4 is in a repair shop due to storm damage last week and driving an ICE rental really makes me miss my EV and confirms I'll never go back to an ICE vehicle. Hope you and the family are enjoying your time in the US and have safe travels.
Hahah electric storm damages your EV?
@@bmmontei It was actually wind that brought the tree limbs down on the car so maybe it was radical wind power people punishing me for not using wind to charge the car. 😄
I've been renting Tesla's for almost 2 years now from Hertz. They mostly have given me RWD with a little more than 400 kms of range, and for Canada including in the winter, i've had no issues with range at all. You don't need long rang vehicles these days. long range is a treat at this point. 400+ kms of range is perfect!
After owning numerous Toyota’s… 2017 was when I got rid of my last one. My 2017 model S has been flawless and the ONLY money spent repairing it has been $140 on a rear hatch actuator/lock. Battery degradation of less than 5%. That’s 7 years and only spent a grand total $140 on repairs. Heck, an oil change at a Toyota dealer is over $100 with tax!! What a joke!
Impressive running cost of only $20 annually, and this has no relation to the drivetrain nor the battery.
EVS ARE GOING AWAY WITHIN A YEAR.
Ladies and gentlemen,
If front of you...the new Kodak.
Fingers crossed!
I hope they gonna copy them without a problem! Nokia’s Finnish management was the same: in 2007Q4 their smartphone market share was 51% - aaand what could go wrong?!?
😂😂😂
@@gyoergypecsiand then a better product came out, the iPhone. EVs are not a better product, you pay top dollar for a lesser product. Why pay more to get less?
A clown in every circus
Toyota , the number one car company in the world , making cars that people want to buy and selling them at a profit , will remain that way long after we are all passed away.
@@Leo555ZZZ Just what people like you said about all those other companies.
Viking smoking that electric pipe to much
I don't know.
The changeover is already under way.
..or.. He’s right, Elon’s right, Tony Seba is right, Sandy Munro’s right, and Daniel Semmens .. not so much
In addition to the fact that Toyota isn't capable of designing an affordable and appealing EV that can be sold at a profit, a big reason Toyota is pushing hybrids is for their dealers. Now they get maintain their profits from maintaining gas vehicles plus the added profit for maintaining the hybrid components. Dealer networks will go broke if all they sell is EVs that require 1/20 the maintenance and can be updated over the air. But in the next 5-10 years EVs in t he $20k-$30k range will kill off the hybrids . . . and possibly most traditional auto manufacturers. $12,000 to $20,000 EVs are being built and sold in China today. The government may be able to prevent the import of a $20,000 Chinese car, but the knowledge of how to build those cars isn't subject to tariffs.
Very true, dealerships in general do not want BEV's, the minimal servicing and maintenance is not in their interest at all. My friend here in Australia tried to buy an MG4, the whole time the salesman tried to convince him a hybrid would be better.
There is no company in the U.S., Tesla included, that is remotely capable of selling a $20k car at break even, let alone at a profit.
There’s no maintenance on the hybrid components what are you talking about?
@@darylfoster7944 I agree: "in the Us" & "today." What about in Mexico in a few years. In the US, automation lowers the impact of labor costs and the knowledge of how to build an inexpensive EV is currently available from China. The problem traditional auto makers have is their bureaucracy is incompatible with rapid change and hostile to any change. That is the problem Nokia had with cell phones. Big, well established companies have difficulty innovating and abandoning their current organizational structures and processes.
@@JDMSwervo2001 How come Tesla can update their vehicles over the air, but other EV makers require you to bring their EVs to to the dealer for updates.
IMHO people want EV's. Today people want 0 maintenance or close to it. For EV's to really take over, the only thing that is left is convenience and perhaps a little more range. Fast charging.
Nah. EVs already have the range, and “fast charging” is an obsession from gas car owners who have never even driven an EV or done basic math. One of the many perks of owning an EV is not having to overpay to refuel.
As far as range, they’re up to 400 now. That’s more than 6 hours constant driving.
If anything, what we need is better education.
@@ElMistroFeroz That makes sense in the mindset of EV early adopters. But range anxiety is a condition among mass market buyers who don't think so deeply and give credit to the scare stories. I reckon the cure will come in a year or two when new EVs have normal ranges of 600-700km and charging speeds of 400kW plus, for less than an ICE car. Then it becomes a no brainer.
@@undercoveraca I've talked to the wife about getting an EV, but range anxiety wins out. At least perception will need to improve.
Charging stations have dynamic charging. Australia is already up to $1 per kilowatt hour, soon it will be higher.
It will be more expensive than gas to charge your EV for less mileage
Fast charging makes range irrelevant.
Toyota is trying to prevent Osbourne by saying one thing then doing another.
During the 2020 pandemic, the air quality in the San Francisco Bay Area cleaned up incredibly well. Record low air pollution numbers. Why? Almost no ICE driving. Traffic came back to normal post pandemic. Now the air quality is horrible again.
Not sure your definition of horrible. Cars pollute about 1% of what they used to.
@@darylfoster7944 Do you have a source for that figure?
It may be the problem that the management does not listen to the Engineers anymore if they once did.
Make it economically unrepairable after 10 years. No parts available.
The same thing happened at Radio Shack, Kodak, etc.
@@frankcoffey Kodak continues to make medical X ray film for third world countries being more economical.
@@mikewallace8087 Radio Shack still has a web site and there might even be one franchise store somewhere, but they could have been bigger than Dell if leadership had listened to their employees. I was a store manager for 5 years in the 80s and gave up when they tried to get me to push their non IBM compatible PC. All they had to do is give up parts and we could have built them right in the store, no R&D required.
This time it might have to do with engineer as well. I know lot of my fellow engineers in US and Canada still believing Ev is smoke and mirror.
When you say that their sales are down 21% last month that is ambiguous. Do you mean compared to the prior month (which is my guess) or do you mean compared to the same month in the previous year. You must always make this clear.
Good morning from Thailand (evening here)
I LOVE Thailand! Feels like a 2nd home to be. I've been to Thailand 4 times in the last couple years and miss it so much!
If Toyota people don’t drive a Toyota by choice, that tells you all you need to know about a company. Rule 1, you always believe in, use and promote your own product, you cannot fake this… people see what you do and not listen to what you say…
I don't know how it's now. Decades ago, young workers at Toyota HQ in Aichi Prefecture were encouraged to drive non-Toyota cars to experience the strength and weakness of their competitors. So it wasn't rare to see Toyota HQ's parking lot with Nissan, Honda, Subaru, Mazda, Mitsubishi, BMW, Mercedes, etc.
@@yo2trader539 That’s interesting and for research essential, but in general I would think it more important to promote your own brand…
The wife of Henry Ford was driving an EV. To drive an EV in a pure gas company is a 100 years habit.
I haven't seen a new Toyota Prius in London and it's been around for 2 years - it's clearly a failure
@@aureliancozma251 maybe there but here in the United States they’re everywhere
@@JDMSwervo2001 model from 2023 ???
@@aureliancozma251 I can back up JDMS's statement that they are everywhere here, at least in my area of the USA (Los Angeles). They're about as common as cockroaches in a dirty kitchen.
@@crosslink1493 In London, I didn't see the latest Prius 2023 model - only the oldest ones in 2010 - 2018, there are many
Toyota is producing as many hybrids as they can at the moment. Are they even selling the new Prius in England?
Sam, great stuff. A huge roadblock for wider solar, battery and EV adoption is still the excessive price for home and small business-sized storage batteries. The average home will need 20 to 60 kWh of batteries to meet its needs through summer and winter. But just looked. Enphase batteries are over $1,000/kWh installed. Local inspectors won’t permit McGyvered DIY specials.
Most of us now care about clean air and the climate and becoming energy independent from the corrupt electricity and fossil fuel cartels. The major impediment to going solar/battery are that battery costs are too high, batteries are too small (minimum needed is10-20 kWh for the house and 10 per occupied room), and governments don’t offer low inter loans to install solar and batteries.
My cousin was always into Audis and was a loyal Audi customer. Now she has a Tesla model s and says she will never go back to Audi. She loves her Tesla and she loves her car's FSD
I do not want an EV. I'm on board with Toyota's delayed plan to transition to EVs. I am considering my next new ICE vehicle.
@@bydarkwaters2055 Me too. Our new car acquisition planned for the second half of 2025 will be ICE.
Old people often resist change despite the evidence presented to them.
We have to ask the question. Will people in the USA be better off buying Hybrids rather than EVs?
Sales of Hybrids in the US are increasing while sales of EVs appear to be decreasing. Countries like the US would be better off changing to Hybrids only rather than EVs. The US is a big country and has approximately 384 million registered motor vehicles. If the US goes for all EVs only, the cost of building the infrastructure to charge 384 million EVs is reported to cost the taxpayer in excess of $1 trillion dollars. However, if they go Hybrids only, the cost to the taxpayer will be nothing because the infrastructure is already in place which is a service station on nearly every corner.
@@robri87-hh4gr Same in Australia. EV sales have dropped to a trickle but hybrid sales have increased.
@@FanBelt There are some dealers in this country that no longer stock EVs. They only sell hybrids.
Tesla is 89% customer retention and Lexus is 50%
Lexus Has 60% retention rate plus must Lexus owners usually don’t have to buy their cars every 5 years cause they last so long
Exactly. Toyota needs to move fast. They are screwed if they don’t.
@@GET2222 not really
@@JDMSwervo2001 that number is not true. Besides I own a lot of cars… BMW X5M, 2 Mercedes, A7, Maserati, Aston Martin and a MODEL X. My family only wants to drive the Model X and it’s the oldest car of them all. We have owned it since 2016. My wife loves it and my kids don’t want to drive anything else. You put a Toyota in my garage and my family would not stop laughing. Put a model 3 in and my kids would drive it. Lexus does not compare to Tesla. Tesla satisfaction rate by consumer reports surpassed APPLE.
Lexus is in the B league… and that’s okay…
@@GET2222just cause your family doesn’t like Toyotas that doesn’t tell much of a story about customer retention…You honestly can’t really compare to the 2. The Lexus is more of a comfortable no nonsense well built/overly built car that appeals to car guys while Tesla appeals to a crowd of tech enthusiasts and that’s ok.
I can give some insight as an engineer who has friends who work in the VAG group. The VAG upper chain has given an order that for 2026 a long range electric platform needs to be build, i will quote "I dont care how you do it, i dont care what chemistry you need to use, but in 2026 we need a 1000km range platform that we will offer in our most prestigiuous models". So the order is already given in VAG, similar order is probably given in Tesla and BYD as well. This platform will in my opinion be offered in 2026/2027 Audi Q9 and 2026/2027 Porsche Cayenne. So electrification is coming and dont let anyone tell you that it is not. The Q6 etron has already angered the VAG upper chain as they expected the range to be better than model Y while still providing Audi luxury. So engineers underdelivered and warnings are given before they will be potentially laid off. As for combustion cars, they still have good 10-20 years of production because the market is still there and people do want combustion cars. Nobody knows what will happen after that but if the upper managers are already giving orders about 1000km electric cars, the future of EVs is certain and safe.
Meanwhile in the USA , Rivian is headed for bankruptcy due to poor demand for EV's.
After having burned through $16 Billion , their shares are down 90% and they are losing $30,000 on every vehicle they make , with no pathway to sustainability in sight.
Also sales of Diesels are going up 37%, compared to less than 6% on EV's in UK.
@@bomberaustychunksbruv4119 Rubbish. Worldwide car sales peaked in 2017 and have been falling ever since. In Europe, EV unit new car sales are higher than for diesel.
They'll figure it out, should only take a few more years of getting crushed by Chinese EVs for them to figure out how to do it affordably.
The same thing happened when Japanese cars grew popular. The American and European automakers cried and moaned for over a decade, many went under.
The good companies found a way to compete, and the same thing will happen again. People may cry for Rivian, but people also once thought Saturn was the hot new thing too.
Hasn't VW struck a deal with Rivian effectively saving it from bankruptcy? I'm assuming because VW have failed miserably in their own attempts to succeed in making money from EVs & expect to gain from Rivian tech.
@@patton3338 The world will not forgive incompetent people who are still lazy and arrogant, like the dock workers of the United Snakes.
Toyota knows what they are doing. Most Americans are against EV’s. I’m American and I’d love to have a Tesla, but I’m waiting until the EV hate is over. I’d rather not have my car keyed or deal with road rage simply because I have a Tesla.
Plenty of EVs don't even look like them, there's plenty of choice outside Tesla
@@sparkiepaul1 Yes. I’m thinking about the Rivian R2 in 2026. Already preordered.
Batteries are getting better but they still need production increased much more. A way to charge EV's is needed, perhaps small gas turbines, these can run on multifuels and only have a few parts.
There will always be a market for ICE vehicles e.g. military vehicles and emergency vehicles like rural fire brigades.
And this is what he said back in May 2023 "Toyota Motor Corp.’s top scientist warned that transitioning to electric vehicles too quickly could lead drivers to hold on to old gas guzzlers and called for hybrids to be given a longer leash ahead of a Group of Seven leaders summit in Japan.
Subsidies and restrictions targeting combustion cars will make EVs attractive for customers who can afford them, but gas-electric vehicles remain a better fit for other consumers, Gill Pratt, Toyota’s chief scientist and chief executive officer of the Toyota Research Institute, told reporters in Hiroshima on Thursday."
I’d look at an EV if I lived in city or suburbs. But in the country it is not an option. There’s no service infrastructure and lack of a spare wheel and ability to jack it up to change it’s a deal breaker.
I hope Toyota goes all hydrogen 🤣 I think they sold 30 of them this year it's clearly what customers want.
People / demand are showing us that what they really want is Hybrids and large SUV's and Pick ups like the Toyota Hi-lux , Rav-4 , Ford Ranger and Ford Everest.
EV's are in decline in most markets as purchase incentives ( Government subsidies and mandates ) are being wound back and the pool of EV enthusiasts have already purchased.
The usa will never have electrical grid capacity enough for 30 % EVs
If Toyota were serious about electrification they should've today in 2024 pure ICE cars on sale. They should have ONLY PHEVs and HEVs on sale at least.
Toyota will say that we all should buy EVs when they come out with their solid-state battery cars. Until that day, Toyota will say EVs are suboptimal.
Here in California, many of our hydrogen filling stations closed. Unless hydrogen can be sold for 1/3rd of its current price, it is a dead-end.
According to CEO Tony Weber of the Federal Chamber of Automotive Industries, sales of BEV’s in Australia have stagnated (his words). Hybrids continue to be more popular than battery cars and the best selling car in September 2024 was the Toyota RAV4 (ICE). And even more odd, diesel vehicle sales are on an upward curve. So what’s happening in China and Norway is irrelevant, a different landscape and can’t be applied to the Australian public. It looks like Government policies for 2035 and beyond will just have to be modified to fit in with the motoring preferences of the population.
IRL, Toyota hybrids are selling like hot cakes, supply far exceeds demand, so dealers are jacking up prices. My local Toyota dealer in Northern California is asking:
Sienna $5K over MSRP
Camry $2.5K over MSRP
Highlander Hybrid $5K over MSRP
RAV4 Hybrid $2K over MSRP
Corolla Cross Hybrid $5K over MSRP
Prius $3K over MSRP (Prime $5K)
Toyota is going to be fine for next several years just working to fill hybrid demand. Their biggest issue is going to be supply. They can even raise prices and take some of the dealer mark up for themselves. You don't have to like them, but they aren't stupid. There's no profit in EVs unless you are Tesla, but plenty of profit in hybrids.
😂How about they never catch up on the back log during pandamic. They still using chip shortage bullshit in North America. Which it is never a thing in Asia. They rip us off to compensate on the lost in Asian-Oceanian market.
Except ICE car sales peaked in 2017 and have been in decline since.
@@kng128 Toyota has no problem selling as many ICE hybrids as they can make though. Hard to argue with Toyota pursuing hybrids being smart approach.
@@litchips I fully understand what you are saying about Toyota and concede there is some validity to what you are saying, but none the less...........
The world is supposed to be mitgating CO2 emissions as quickly as is practically possible. On that pressing need, the behaviour of companies such as Toyota is part of the problem, not the solution.
If a company is not striving to achieve maximum possible CO2 emissions mitigation as best they can, after all the science based warnings and advice over numerous decades, then they are part of the problem, not the solution. The increasing promotion of hybrids is simply a marketing survival ploy attempting to slow down the adoption of EVs, aimed at people that are ill-equipped to identify it for what it is. That marketing ploy will ultimately fail though, but while it lasts, it is and will place increasing pressure on emissions mitigation requirements!
I have children, who themselves now have children. All the Toyota execs will be long gone by the time the generations coming though have to deal with the difficulties that companies like Toyota have wilfully decides to help leave them with.
I will never buy a Toyota, ever, and I do my best to highlight to people how Toyota are behaving, whenever opportunity presents. That is a real shame it has to be that way.
@@BrentonSmythesfieldsayeclimate change is a hoax. Put down the kool-aid, lay off the pipe too. Your rant is nothing more a climate hysteria. EVs will barely make a dent in co2 levels worldwide. Heavy industrial and transportation need to be addressed as well as upcoming 3rd world countries. The world is a 100 years away from addressing these problems. They will not be stopped by authoritarian dictates which is what we have now.
They sealing their own fate.
Meanwhile in Australia , Sept 2024 EV sales fell by 27% vs Sept 2023 , to only 6,400 vehicles which was only 6.6% of the total market.
Toyota was the market leader .
EVs make no sense in Australia or the US. the range isn't good enough. No where near enough charging stations. Maybe in 10 or 20 years, right now I wouldn't touch an EV with a 10 foot pole.
@@rogerthat2538 It's true that the charging infrastructure for long range driving needs to improve. However, how many people do you know that drive long distances every day aside from people involved in logistics or farming? Most people in the city wouldn't drive far at all for 99% of their journeys.
Leonard, you are missing the point. Before the pandemic EVs made up almost zero of the Australian new car market. Even if the EV sales rate is only 7% this still represents an almost infinite increase of EV sales.
In 2025 and 2026 the choice of Chinese EVs will increase dramatically and the prices will fall. Chinese cars will soon become the number 2 source of new cars, replacing Thailand. Within 5 years, Japan will lose their leading market position as Japanese EVs are rubbish and overpriced.
Australian 2 petrol car households spend a massive $84,000 with fuel and engine maintenance over 20 years. An EV powered by home solar costs nothing. You cannot beat zero dollars. Ever.
@@rogerthat2538 Bullshit. An EV has 500km of range. An EV driver charges his EV at home where the EV regains its full 500km of range in just a few hours.
When was the last time you drove 600km each day, 6 days a week? That’s right. Never.
EVs are everywhere in Australia.
@@user-kc1tf7zm3b No , I am not missing the point , I am highlighting the point that EV's are failing to reach the targets and predictions for market share which have been made by their proponents. 6.6% is well short of predicted figures , AEMO have cut their forecasts for EV's by almost 50%.
You are conveniently overlooking the large purchase cost and depreciation of EV's , which means they are never zero dollars. As awareness of their poor reliability , inconvenience , impracticality and bad resale values increases , their market share will continue to languish.
Despite years of Governments and others pushing EV's , they have failed to gain even a 10% market share , as most households prefer practical and reliable vehicles like Toyota Rav4, Hi Lux and Ford Everest and Rangers.
6.6% market share is evidence of the failure of EV's to gain popularity with consumers ,,claiming it a success because it is a large percentage from a zero base is misleading.
Japan will retain their market leading position by selling cars that people actually want , ICE and Hybrid .
In 25 years time , there will be 33% MORE ICE and Hybrid vehicles in the world than there are today.
Toyota has pulled back on their full BEV push recently because they weren't selling as well as expected. They've been pretty quiet about their solid state batteries that they claimed to have working. They're going to hang on to hybrids, and pretend that's what they really meant.
It's been a few years since Toyota announced it'll build a massive $14bn battery factory in North Carolina to manufacture batteries for hybrids, plug-in hybrids, and BEV production in North America. Initial limited production is scheduled for 2025, and completion around 2030.
Given that there is strong demand for Hybrids in North America, and that most Toyota models for Northern America will offer a Hybrid version in the near future, I assume internal priorities are focused on increasing production and procurement of Hybrid batteries. Already 40-50% of new car sales in North America for Toyota (and Honda) are now Hybrids. Toyota also bought out one of the Joint-Ventures with Panasonic (PEVE) to strengthen hybrid battery production.
PHEVs are pointless as they are financially and mechanically inefficient cars. Only a moron would want to buy a PHEV. Come 2030, PHEVs will be as worthless as petrol cars.
Hybrids will work for three more so years if lucky. If they don't start getting serious with pure EV, their gen1 or 2 will be obsolete when Tesla is on gen 4+ ... lowest cost, more feature rich than the comparable offering. You know be like Toyota and ignore the actuall trend. Pure EV is at 9% of all vehicles sold in the US. Those that don't sell EV is mising out 9% and counting. 9% then 12% then 17%... no big deal, right Toyota.
If their hybrids had a little more EV range, I might note. 30-40 miles doesn’t cut it.
If people really wanted evs then they wouldn't have to ban ice cars and subsidise evs. If makers go all electric it's because of guvament policies not consumer choice. So you are predicting guvament policy not consumer demand.
Agree. Get rid of oil and gas subsidies, too. Electric will still prevail.
@mnhsty I would be happy to end any fossil fuel subsidies. There are few if any any way. Where I live there aren't any but our green left keeps making the claim. When pushed to actually name or specify them, all they come up with is that fossil companies are not being charged for the indirect damage they do to the environment. That's it. You can say that about any human activity from Hollywood to agriculture to Christmas. In fact the company taxes and fuel taxes contribute tens of billions per year into guvament coffers.
@@mnhsty I gave a polite considered reply with some facts to counter your point. It was pulled for those very reasons. This is a regular occurrence.
@@Guvament_bs Sorry to hear that. That sucks. Try again please if it’s not too much trouble.
Norway has a lot of EVs, that’s true. I noticed this myself when we were travelling through Norway, Denmark, Sweden and Iceland a couple of years ago. In fact I almost got hit by a Tesla in Bergen while crossing a street. Bloody thing was so quiet I didn’t hear it 😅. But it’s an odd thing that 74% of Norway’s exports are huge amounts of oil and gas, a contradiction that essentially cancels out the “green” label of approval that people tend to stamp on Norway.
the idea is to focus on the demand side of oil and gas in Norway and electrify the oil platforms, then provide oil to those that require it. currently a lot of oil and gas is issued by the oil and gas industry as fuel and that is a target for reduction. it might seem contradictory and weird, but what else should a major exporter of oil and gas do. the other thing is the maximization of exports by reducing domestic consumption which I cynically think is of the reasons for this. the idea is that it would improve Norway's trade surplus, increasing it's holdings of foreign companies in the oil fund.
First view... Good morning from Oregon.
Toyotas hybrids are killing it for obvious reasons. I just toured NZ using very little petroleum and suffering no range anxiety in one of their lovely reliable hybrids
Sam, I think you need to explain it more clearly that Toyota is not going to a purely EV line-up of vehicles for sale in the USA, but they still sell almost all their models in a hybrid ICE/EV form. Also with China rushing to EVs, they are an authoritarian country and EVs have been mandated by 2030 (or 2035?), so the public does not have a choice like here in the USA.
Recently in Southern California there was an all-EV charging 'gas' station that opened up. It looks similar to a regular gasoline fueling station you find the USA but its only for EVs. Its got a large convenience store associated with it with a lounge area. I've got my doubts whether it will be successful. Its in Santa Ana, California, not far from Disneyland. Look it up on RUclips under the television station KTLA 5 'EV Gas Station opens in SoCal' as they did a short segment on it last week.
It doesn't fit his narrative because he's been saying for years that Hybrids are a waste of time and Toyota has been proving him wrong the whole time...
Don't remember us having much choice when they stopped us, rightly, from having petrol with lead in it and then they forced us to have catalytic converters so don't see much difference.
And in fact you don't have a choice in the US as you can't buy a Chinese EV, whereas the Chinese have a choice of whether to buy US or Chinese cars. Interestingly they used to be more reluctant than us to buy Chinese cars but now they're so well built and sensibly priced that all the western ICE companies are struggling out there.
The EV ADOPTION is squed occurring by regulations and with large government subsidies. Not organically.
Toyota won’t stop making conventional cars. All these rules for 2030, 2035, etc, will be put on hold, extended or watered down. Only 15% of the world’s countries have set an electric vehicle target. I’ve seen articles in various financial publications, automotive publications, etc, that the long term forecast for BEVs is expected to settle down to about 30% of the market. Hybrids also probably taking up 30% and the remainder being conventional ICE. Some countries will be different, China for example as Sam pointed out (no surprise there as they make most of the EVs) but you have to look at the trends of the entire 195 countries of the world, not just a few wealthy ones.
Will NEVER be 100%. NEVER
As you said they will keep selling the same old models with one of their low Tec batteries bunged in somewhere
That is probably because in VS as in EU the sales of EV's collapse and people just buying hybrieds in masses. Is the main engine of hybrieds not a gas engine?
On Toyota research institute RUclips site, they turned off all comments on joe pratts videos!
It just means they are switching to 100% hybrids.
I need a mid-size truck, where am I supposed to get one> Toyota will see tons of ICE for a cpl decades.
I'd be interested if your pov on the Xpeng G6 had changed after driving the latest Tesla's in Cali..
You should have waited for the onvo l60.
Two words sum up what happens to everything and everyone in the world today MONEY RULES.
And the only reason Toyota has not fully embraced going fully electric is because it is not yet profitable enough to do so.
None of the major car companies have been able to so far so why should Toyota be any different. You cannot compare them to BYD or any of the other Chinese car companies which have an 'unfair' advantage.
You are full of it!
NOW is the time you only believe Toyota when you see it for sale
Their "turbo" engines (and the turbo engines of competitors) meant to hit EPA emission standards are having all kinds of problems. Compare that to the simpler and more reliable electric motors. They have gone as far as they can with internal combustion and as soon as ranges hit 400 miles all electric, that is literally the critical mass needed to kill the ice. It will be here in a few years time.
Mercedes will give its employees the chance of trying out an EV during workhours because the CEO said that most of them even never tried an EV. (check out the amazing debate on DW about German car industry featuring CEOs of Mercedes and Xpeng). Toyota should do the same.
Try them out on a 2 day drive away from home base and then return back .
It shows how disconnected legacy autos are from the reality. They are in their own cultural bubbles
@@i6power30 Imagine your family are all petrol heads. You spend 5 years in college to become a mechanical engineer, get hired by Mercedes and one year later they tell you EV's are the future. That's the situation in the car industry.
The cost of charging has become a real burden .
Rubbish. The cost of fueling and maintaining 2 petrol cars in Australia over 20 years is a massive AUD $84,000.
I'm curious to know if Toyota's investors are still loyal and didn't abandon ship.
I will be driving my ice car past heaps of scrap evs that nobody wants long into the future
Sam . Toyoya sell 10,000,000 cars a year. Tesla sell 1,800,000.
Toyota sold out of Tesla, because Musk is a nut case, and he doesn’t have a solid business plan.
Toyota is going full Hybrid in America.
The Camry is also only available in Australia as Hybrid from 2025 on.
The new Camry produces 20% less CO2 than a model 3, costs $20,000 less, gets 67 MPG, and will be saleable after 10 or 15 years. a model 3 will be worth parts only.
If Elon is a nut case. how did he become, probably, the wealthiest person? I don't think
you are qualified to make that call.
Can you read a company balance sheet, no you can't.
I can’t believe any human wrote such rubbish - Toyota is tanking as I write this - lost out in China completely and their EV is made by BYD !!
Toyota will have an ever decreasing number of sales they peaked at 12M
I think if they sell 3M by 2030 they will be celebrating
We'll see how the hydrogen car plan turn out. They'll have to refueling station outside of California.
Today, oil went up 4%...... Oil is not a fun resource
Japanese car manufactures certainly have dropped the ball here but I do not want Japanese manufactured cars to end. I am no autocracy Chinese EV fanboy!
I want to see more videos on how they will recycle these super toxic batteries.
Diesel cars are making a come back in the UK. May overtake EV’s by the end of the year
You might want to look into those figures a little deeper.
What utter bullshit. Claiming that diesel or petrol cars are making a comeback is like saying CDs are making a comeback. Diesel cars and CDs are technology from the 1990s and are both utterly obsolete.
Hahahah Toyota is so correct. Their hybrid sales are high while EV sales are so bad that most OEM have changed their strategies. People don't want EVs due to the lack of infrastructure and high cost public charging.
The Electric Snide
Recently posted at Steven Mark Ryan's RUclips channel:
At Butler, Musk convinced me. So enjoy the 100 shares of TSLA I just sold. The rest is on the market and will be gone by the time it reaches $200/share. It isn't personal. Just sometimes even successful people need to "pass the torch" to the next generation.
Dr. Gill Pratt, Toyota's Chief Apologist.
No one wants a used one. That is for sure.
Toyota know EV are finishing sound more like it.
Toyota is the smartest auto company. Sales volume, profits, and keen attention to what its customers want to buy. It is not the time to shove EVs down peoples throats. I admire Toyota for going about the transition to BEVs methodically and intelligently. Even if todsy they produced 50% of their model lineup to BEVs they would not find customers at volume. Tesla backed off on their 20 million caes annually by 2030 as they are struggling to get well over 2 million. Toyota? Still over 10 million vehicles. All car makers will lose the China market so volumes may decline but Toyota is at the forefront of navigating the movement to cleaner energy vehicles. The Toyota bashing here while quaint is ignorant. I'm not a Toyota lover but admire a company that is truly customer oriented and operates its business with intelligent well considered plans.
Really don't understand Toyota having the Prius for so long yet not evolving it to full electric
Toyota has to make a profit. Currently no company other than Tesla has been able to turn a profit on EVs and it doesn’t help that not enough people are buying them
@@JDMSwervo2001 BYD makes a profit on EVs as they are hyper efficient with EV production. Other Chinese EV marques will follow as they optimise their organisations and production processes.
It is Bz3, it wont use prius name cuz it will ruin the name due to lack of elextrix technollgy.
I think Toyota wants their stance to be right and in short term thinking they are absolutely right. EVs already cause inconvenient charge station lines in congested areas, imagine a seriously large number of EVs across the US, consider if everyone at a Bucees got there in an EV and need to charge to 80%. It would seem to you that Toyota is absolutely right. Toyota also has a national problem with generating electricity to charge a full population of EVs. They are right that PHEVs should be their main business, let others take the hit developing the EV standard and then they copy it or buy the best company they can. Toyota gets full price for most of their PHEVs. If their prices drop please let me know I will buy a Lexus RX450h+ in a heartbeat. PHEVs are identical to a full EV that us only used for commuting. If the PHEV is in EV mode most of the time then the extra weight of gas engine is same as carrying the way oversized battery for commuting. In the US, range anxiety for many areas in the middle of the US is a real thing and that is with relatively low EV adoption (yes, EVs are still a tiny number in the US). I am not talking about East or West coast, they are a model of how far the rest of US have to go to catch up to bare bones infrastructure development for EVs.
I have an EV and I love it and we use it as much as possible but I don't trust it as an only car. I am actually all for another EV that I keep just for bidirectional charging as a home battery system and use it as a car sparingly. To me a Leaf would be good for this (for me just enough capacity and power delivery rate), charged by my 18 year old PV system and expanded new system.
Toyota is doing the world a serious disservice by pushing H2 or other alternative fuels (NH3), those are just stupid ideas.
2 is one, one is none. I like the idea of having a small ICE as a backup in an EV appeals to me. The PHEV is the perfect vehicle when they eventually get the range over 100 miles in EV mode.
Co2 is plant food...
Viking is in America. I find it very hard to believe he's not seeing all the Toyotas here.
@@JamaicanMeCrazy he says he sees a lot of corollas and Camrys but he said they’re horrible cars
@@JDMSwervo2001 his opinion is influenced by his Chinese paymasters.
@@JDMSwervo2001 This whole channel and comment section is an echo chamber. lmao. So much so that it almost feels like they're detached from reality
@@MaddNomad1015 I call them lemmings, they hang off every word he says, never double checking his data and"facts".I love electric cars and hope to buy one in the future to replace my aging camry hybrid.Still waiting for that cheap power from you know all those solar and windmills...
@@Mixos_placethe facts bear out what he’s saying. Q2 EV sales set records in the US according to Cox Automotive data. Q3 data is due out any day now. My electricity is $0.10/kwh which gives me a fuel economy of 40-50 miles per DOLLAR. If I get smart meter soon I might get even off peak electricity even cheaper.
Edit: if you live in a states with deregulated market you can choose your electricity source.
Toyota has a lot of fans based on its history of reliability, but that's just it - history. Toyoda took over the company in 2009 and quality has been going downhill since then.
Funny Toyota is the only manufacturer to not drink the EV coolaid while the others are all shutting down.
ICE cars pollute and are destroying the atmosphere.
Take a EV for a long drive every 3 months would a family consider it, without having to carefully plan charging stations …
😂Depends on where you are. In China, the lv3 Charging Station is adequate except during big holiday. In US, and Canada, you are ok with tesla. Others, you will thing life owning a Ev is hard
With the amount of FUD in the US they may have a market there 10 or so years before losing even that
Yup, i want nothing to do with EVs. I'll stick to technology that's proven over the last 100 years. Not the last decade.
@@christopherc.6126😂ice never becomes reliable till last 4 decades. Ever remeber you need a tune up before hitting a road trip?
😮their cars are minging 😂😂😂
Xpeng stock is doing very well these days. Just sayin...
Who?? More Chinatrash that 5 years from now will be in landfills?
Probably because hybrids are very popular with the general public and pure Battery EV's are deeply unpopular, at least here in Rural Canada.
rural anywhere hardly count. Cities count
@@lauchlanguddy1004 rural doesn't count? Why would you even own a car if you live in a city, just a waste of money when you could rent one for the twice a month you might actually need a car.
@@vhateverlie PHEVs are for idiots. For drivers who drive long distances most days, the running costs are even worse than petrol cars as PHEVs are less efficient as these convoluted hybrid cars are heavier than petrol cars.
Meanwhile in the real world , Toyota is the top selling car maker on the planet , and ranks in the top third in terms of profit per car .
Not diving headlong into EV's has saved them a fortune and has maintained their world leading status among the world's car manufacturers.
Yes...I can't see how people can't see this....who do they think Toyota should of emulated when transitioning to EVs?... Ford?..VW? 😅
They have been right all along about everything and played the market perfectly..
Except... You start falling from your peak.... You can't fall without altitude.. and a star shines it's brightest when it's about to die...
Look at any graph for Nokia, Kodak etc look where the downfall starts
You belong in the collective stupidity column.
talk is cheap.
Give us the numbers, preferably sales numbers in all their important markets, so China, the USA, and Europe.
What were their sales last year?
What are their sales so far this year?
Don't just tell me he's wrong, prove it!
@@jimthain8777if you don't already know this shit...what are you doing here?...can't babysit you through all the market results...go disprove it..
🔥 sale sooooooon😂😂😂
💀ICE💀
Kodak! Blockbuster! Taxis!
@@larryc1616 apples to oranges. Idk why you people keep comparing Toyota to failed business models
I agree, lots of people got investor money by telling them how big the public transportation business will be with there is a new method of getting around. That makes no sense. The point to point ride business size is already known and it's no where near what they say they will get, even if they get 100% of it and that's just not possible.
@@JDMSwervo2001 it's actually a perfect comparison, same exact thing - refusing to change.
@@allcan4175 they’re transitioning as consumer demand shifts to hybrids for the most part
@@JDMSwervo2001 Nearly all consumers are not ‘JDM’ fanatics and could not care when Toyota eventually fails. Petrol cars are utterly obsolete compared to EVs which are drastically cheaper to run.
3000kg cars are ridiculous, add another 300kg for passengers lol
A 3 tons car drive better, run faster and more reliable than 1.5 ton ice car. I dont see anything wrong.
Again more FUD. Comparable EVs weigh the same as ICE vehicles. That’s because there are only 20 moving parts vs 2000 in ICE vehicles. And even more moving parts in hybrids.
Toyota is relying on past successes. But the automotive landscape has moved on. China is now the leader in new energy transportation.
Not really, the Chinese are only as good as what they can steal. They're way behind in almost every high tech category. Good try though.
And BYD and other Chinese automakers are relying on government subsidies and incentives to sell their vehicles
Though they’re wrong, Toyota sells tons of cars globally and of course they’re going to have opinions. Not sure why would you think “as though they know how Chinese and Europeans think”. Toyota is so far behind of course they’re going to say anything that will lead to Osborne effect.
What will they selle?
Toyota ICE cars are very strong sellers in California. EVs have slowed badly , almost stopped
But, this does not matter in the overall scheme of things on a global scale.
@@user-kc1tf7zm3b Actually it does, because a lot of countries around the world don't have the electric infrastructure to support conversion to EVs, not to mention the purchasing power of a lot of the citizens in those countries; they can't afford an EV. EVs will have a solid place in the worldwide vehicle market, but I pretty confident ICE vehicles are going to be around for quite a while longer.
@@crosslink1493 VW are selling the ID3 for $15,000 in China, and the Chinese are selling cars for $5000 and under, which will be a whole lot more popular than any ICE car in the Third World.
@@user-kc1tf7zm3b It does matter because many of those Toyotas are hybrids. The Hybrid segment is growing faster than EVs, even in China, just as the CEO of BYD predicted. When the Viking discusses China EV sales, he is actually quoting NEV sales which include hybrids.
@@JP16758There is a conflict between peeps who know we have to reduce emissions & the disingenuous FUD created about BEVs. Hybrids being the compromise choice. Hence their rise in popularity.
Once many of the FUDs are dispelled by long-term experience & technological advancement, their next vehicle will much more likely be BEV. Especially as, instead of buying the best of both worlds as many are being told by dealers, they find out they’ve bought the worst of both worlds. An ICE that still needs expensive servicing & a small battery that is frequently cycled - quickly reducing its capacity.
Akio has his head up his arse. That's the problem.
Hybrid is the future
Toyota is making same mistake as Nokia
No
I dont remember any government regulates mobile phone and subsidized smartphone.
Toyota is "Nokia" but people still want that "Nokia" so it is not mistake yet.
@@undisclosedthaibut when they want to change will Toyota have an option.. I doubt it
Not even close. All they'd have to do is remove the ICE drivetrain and increase the Prius battery size to 80 KWh to get about 350 miles per charge. With the reliability reputation baked in, Tesla would be in trouble. As a profitable public corporation, they don't need to yet.
HYBRID IS KING
toyata sells will rise once they start selling their solid state battery
2:56 Just because he has a Tesla but doesn’t like them means nothing. EVs are not fit for all uses that’s a fact. The same reason Sam has a petrol car. And only just got an ev. Talk about hypocrite…