Topic: Toyota's EV future

[Frontier1]

I'm surprised no one is talking about Toyota and the 700 mile EV

https://global.toyota/en/newsroom/corporate/39288520.html#kato

[Frontier1]

so no one finds 700 miles exciting news?

[EV-Light]

Many of us are just waiting to see…you know…how a company that doesn’t believe in EVs and had a CEO kicked out because of that just a few months ago has miraculously broken down new battery technology and tested such technology in all possible scenarios!!!

Yep, gosh must be totally REAL!


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[revalations]

CEO was “kicked out”??? I guess….to become the company’s new chairman of the board is all. Nowhere could I find anything that said he was ousted by anyone at Toyota. If the world’s largest and most successful automaker doesn’t believe in a 100% EV future then what do they know? Good for them and their 700 mile battery (if/when it becomes mainstream) it’ll certainly be a game changer.

Try buying a Prime Hybrid Toyota today. Get in line and wait two years for some. Meanwhile EV’s are piling up on dealers lots with incentives on the hood. Toyota sales figures certainly speak for the CEO they just sent packing.

[EV Dan]

If our EV future were up to Toyota we would've been stuck in the past for centuries 

They were one of the first companies to have a full BEV on the road - an electric Rav4 development was commissioned to Tesla and the car was successfully sold in California. Might have been made in Canada, IIRC. That's how much head start Toyota had to take over the EV market and have it for themselves. Whether they've been careful, pragmatic or for any other reason, I'm not holding my breath this time until I see something serious materialise. 

[rrocket]

If our EV future were up to Toyota we would've been stuck in the past for centuries 

Because they know EVs with current tech are dumb and are only viable for certain consumers in certain locales. Whereas hybrid tech is useable by all.

But most importantly (for automakers) EVs are money losers.

[Frontier1]

If our EV future were up to Toyota we would've been stuck in the past for centuries 

They were one of the first companies to have a full BEV on the road - an electric Rav4 development was commissioned to Tesla and the car was successfully sold in California. Might have been made in Canada, IIRC. That's how much head start Toyota had to take over the EV market and have it for themselves. Whether they've been careful, pragmatic or for any other reason, I'm not holding my breath this time until I see something serious materialise.

Agree, if anyone could have done this it's them.  But I firmly believe they still can, they are not alone in this, if I recall they have partnered with Nissan and Honda for the development of the solid state battery, Libtec I think it's called.

[Frontier1]

CEO was “kicked out”??? I guess….to become the company’s new chairman of the board is all. Nowhere could I find anything that said he was ousted by anyone at Toyota. If the world’s largest and most successful automaker doesn’t believe in a 100% EV future then what do they know? Good for them and their 700 mile battery (if/when it becomes mainstream) it’ll certainly be a game changer.

Try buying a Prime Hybrid Toyota today. Get in line and wait two years for some. Meanwhile EV’s are piling up on dealers lots with incentives on the hood. Toyota sales figures certainly speak for the CEO they just sent packing.

EV piling up on lots? Maybe Ford in the US but certainly not here.  In 26 when the lease on the Rogue comes up, a Prius Prime or someone's EV is in my sights, that's correct 24 months for the Toyota but the same goes for a Kia EV6 or Ioniq 5, only a Tesla I can get in 30 days or so.

[Frontier1]

If our EV future were up to Toyota we would've been stuck in the past for centuries 

Because they know EVs with current tech are dumb and are only viable for certain consumers in certain locales. Whereas hybrid tech is useable by all.

But most importantly (for automakers) EVs are money losers.

https://electrek.co/2022/10/24/toyota-struggles-ev-shift-changing-plans-due-tesla/

[Great_Big_Abyss]

CEO was “kicked out”??? I guess….to become the company’s new chairman of the board is all. Nowhere could I find anything that said he was ousted by anyone at Toyota. If the world’s largest and most successful automaker doesn’t believe in a 100% EV future then what do they know? Good for them and their 700 mile battery (if/when it becomes mainstream) it’ll certainly be a game changer.

Try buying a Prime Hybrid Toyota today. Get in line and wait two years for some. Meanwhile EV’s are piling up on dealers lots with incentives on the hood. Toyota sales figures certainly speak for the CEO they just sent packing.

EV piling up on lots? Maybe Ford in the US but certainly not here.  In 26 when the lease on the Rogue comes up, a Prius Prime or someone's EV is in my sights, that's correct 24 months for the Toyota but the same goes for a Kia EV6 or Ioniq 5, only a Tesla I can get in 30 days or so.

3 Mach E's sitting on a lot at one local Winnipeg Ford Dealer.  $5k of dealer discounts on each one. 

Another local Winnipeg dealer has 15 F150 Lightnings on the lot. 
And 22 Mach E's. 

I'd say they're piling up. https://www.rivercityford.ca/vehicles/new/?st=price,asc&view=grid&sc=new&md=F-150%20Lightning

[PJungnitsch]

To be fair, seeing discounts on regular Ford pickups now too:

https://www.rivercityford.ca/vehicles/new/?st=price,asc&view=grid&sc=new&bs=Truck

The era of the $70,000 base F150 might be finally over

[draghon]

CEO was “kicked out”??? I guess….to become the company’s new chairman of the board is all. Nowhere could I find anything that said he was ousted by anyone at Toyota. If the world’s largest and most successful automaker doesn’t believe in a 100% EV future then what do they know? Good for them and their 700 mile battery (if/when it becomes mainstream) it’ll certainly be a game changer.

Try buying a Prime Hybrid Toyota today. Get in line and wait two years for some. Meanwhile EV’s are piling up on dealers lots with incentives on the hood. Toyota sales figures certainly speak for the CEO they just sent packing.

EV piling up on lots? Maybe Ford in the US but certainly not here.  In 26 when the lease on the Rogue comes up, a Prius Prime or someone's EV is in my sights, that's correct 24 months for the Toyota but the same goes for a Kia EV6 or Ioniq 5, only a Tesla I can get in 30 days or so.

3 Mach E's sitting on a lot at one local Winnipeg Ford Dealer.  $5k of dealer discounts on each one. 

Another local Winnipeg dealer has 15 F150 Lightnings on the lot. 
And 22 Mach E's. 

I'd say they're piling up. https://www.rivercityford.ca/vehicles/new/?st=price,asc&view=grid&sc=new&md=F-150%20Lightning

another 18 Lightings at another dealer in town:

https://www.mid-townford.com/vehicles/new/?st=price,asc&view=grid&sc=new&md=F-150%20Lightning

56 "regular" F-150's for full disclosure.

[Frontier1]

CEO was “kicked out”??? I guess….to become the company’s new chairman of the board is all. Nowhere could I find anything that said he was ousted by anyone at Toyota. If the world’s largest and most successful automaker doesn’t believe in a 100% EV future then what do they know? Good for them and their 700 mile battery (if/when it becomes mainstream) it’ll certainly be a game changer.

Try buying a Prime Hybrid Toyota today. Get in line and wait two years for some. Meanwhile EV’s are piling up on dealers lots with incentives on the hood. Toyota sales figures certainly speak for the CEO they just sent packing.

EV piling up on lots? Maybe Ford in the US but certainly not here.  In 26 when the lease on the Rogue comes up, a Prius Prime or someone's EV is in my sights, that's correct 24 months for the Toyota but the same goes for a Kia EV6 or Ioniq 5, only a Tesla I can get in 30 days or so.

3 Mach E's sitting on a lot at one local Winnipeg Ford Dealer.  $5k of dealer discounts on each one. 

Another local Winnipeg dealer has 15 F150 Lightnings on the lot. 
And 22 Mach E's. 

I'd say they're piling up. https://www.rivercityford.ca/vehicles/new/?st=price,asc&view=grid&sc=new&md=F-150%20Lightning

another 18 Lightings at another dealer in town:

https://www.mid-townford.com/vehicles/new/?st=price,asc&view=grid&sc=new&md=F-150%20Lightning

56 "regular" F-150's for full disclosure.

So it seems to be a Ford thing.  The only EV I can buy locally here is an Ariya at $57K.  When an EV6, Ioniq 5 or 6 comes in there are spoken for.

[Allen]

$124K for a pickup truck  .. alot of stupid people out there

[revalations]

CEO was “kicked out”??? I guess….to become the company’s new chairman of the board is all. Nowhere could I find anything that said he was ousted by anyone at Toyota. If the world’s largest and most successful automaker doesn’t believe in a 100% EV future then what do they know? Good for them and their 700 mile battery (if/when it becomes mainstream) it’ll certainly be a game changer.

Try buying a Prime Hybrid Toyota today. Get in line and wait two years for some. Meanwhile EV’s are piling up on dealers lots with incentives on the hood. Toyota sales figures certainly speak for the CEO they just sent packing.

EV piling up on lots? Maybe Ford in the US but certainly not here.  In 26 when the lease on the Rogue comes up, a Prius Prime or someone's EV is in my sights, that's correct 24 months for the Toyota but the same goes for a Kia EV6 or Ioniq 5, only a Tesla I can get in 30 days or so.

3 Mach E's sitting on a lot at one local Winnipeg Ford Dealer.  $5k of dealer discounts on each one. 

Another local Winnipeg dealer has 15 F150 Lightnings on the lot. 
And 22 Mach E's. 

I'd say they're piling up. https://www.rivercityford.ca/vehicles/new/?st=price,asc&view=grid&sc=new&md=F-150%20Lightning

another 18 Lightings at another dealer in town:

https://www.mid-townford.com/vehicles/new/?st=price,asc&view=grid&sc=new&md=F-150%20Lightning

56 "regular" F-150's for full disclosure.

So it seems to be a Ford thing.  The only EV I can buy locally here is an Ariya at $57K.  When an EV6, Ioniq 5 or 6 comes in there are spoken for.

Want one? Come to BC. Our Hyundai dealer has Ioniq 5 and 6 not spoken for, each sealer within 100km seem to have some as well. And someone said BC is EV crazy? Maybe on the coast I guess….

[EV-Light]

CEO was “kicked out”??? I guess….to become the company’s new chairman of the board is all. Nowhere could I find anything that said he was ousted by anyone at Toyota. If the world’s largest and most successful automaker doesn’t believe in a 100% EV future then what do they know? Good for them and their 700 mile battery (if/when it becomes mainstream) it’ll certainly be a game changer.

Try buying a Prime Hybrid Toyota today. Get in line and wait two years for some. Meanwhile EV’s are piling up on dealers lots with incentives on the hood. Toyota sales figures certainly speak for the CEO they just sent packing.

EV piling up on lots? Maybe Ford in the US but certainly not here.  In 26 when the lease on the Rogue comes up, a Prius Prime or someone's EV is in my sights, that's correct 24 months for the Toyota but the same goes for a Kia EV6 or Ioniq 5, only a Tesla I can get in 30 days or so.

3 Mach E's sitting on a lot at one local Winnipeg Ford Dealer.  $5k of dealer discounts on each one. 

Another local Winnipeg dealer has 15 F150 Lightnings on the lot. 
And 22 Mach E's. 

I'd say they're piling up. https://www.rivercityford.ca/vehicles/new/?st=price,asc&view=grid&sc=new&md=F-150%20Lightning

another 18 Lightings at another dealer in town:

https://www.mid-townford.com/vehicles/new/?st=price,asc&view=grid&sc=new&md=F-150%20Lightning

56 "regular" F-150's for full disclosure.

Yeah again, no issue at all…Ford was ramping up. They only made 12k trucks in the first year…

Totally normal game and expected…the shortage of chips has also improved substantially so more inventory can be build.

Hyundai has also improved inventory across the board - a few Ionics 5 now available in stock, some 6s…

Not everyone is lucky though - Toyota is still suffering dearly from the chips shortage [emoji23][emoji23][emoji23][emoji23]


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[rrocket]

Not everyone is lucky though - Toyota is still suffering dearly from the chips shortage

Look at Toyota's financial for the last quarter vs. Ford's.

It isn't Toyota that's suffering.

[Seafoam]

^^ They are losing  a few customers though that just don't like the wait. I would probably be driving a new Prius or Corolla Hybrid now if they were more readily available. I am happy with my second choice so far however.

[draghon]

Absolutely, I know at least one other family in our friend group wanted a Sienna but couldn't wait and ended up with a Kia Carnival.

[CSH]

If our EV future were up to Toyota we would've been stuck in the past for centuries 

Because they know EVs with current tech are dumb and are only viable for certain consumers in certain locales. Whereas hybrid tech is useable by all.

But most importantly (for automakers) EVs are money losers.

Toyota has been working on a solid-state EV battery for years now (with the University of Tokyo). If this 700-mile battery is not a reality today it will become one very soon.
Solid State EV batteries are being mass-produced in China already and like it or not they are world leaders in battery tech.

If you look at the population distribution of Canada or the USA, EVs with current tech are viable for most consumers in most locales and are NOT viable for certain consumers. GTA and Ottatwa are almost 50% of Ontario (by population) and White Model Y's (and white model 3's to some extent) are more common than Lexus or BMW
Of course, Hybrid tech works for all.

EVs will lose money initially. Any new product/service loses money initially. It is built into the business model. Large companies have the financial tools to manage this and do this ALL the time when they introduce new products/services or even open new factories etc.