They do not have a serious BEV product. I do think they could probably put one together in a pinch, but they aren’t positioned if they’re suddenly was a huge shift in market demand (like, heaven forbid, a world war in the Middle East or something).
They didn’t put all their eggs in one basket, they’ve still got a couple different types of hybrids AND regular gas cars AND are starting to come out with battery EVs like the BZ4X or whatever cat-across-the-keyboard thing they named it. That’s at least three baskets!
The USA is a net exporter of oil these days due to fracking and oil shale, market conditions are very different to when OPEC controlled the entire market
yeah, oil market is really complicated, we sell and buy back and resell and rebuy and stockpile and pull from the stockpile and cycle in and out and all kinds of other bullshit, it’s really fuckin stupid tbh
damn so Toyota actually made a good decision not to announce putting all their egg in one basket
they play the long game, it’s been working out well for them
They still put their eggs in one basket. Hybrids.
They do not have a serious BEV product. I do think they could probably put one together in a pinch, but they aren’t positioned if they’re suddenly was a huge shift in market demand (like, heaven forbid, a world war in the Middle East or something).
They didn’t put all their eggs in one basket, they’ve still got a couple different types of hybrids AND regular gas cars AND are starting to come out with battery EVs like the BZ4X or whatever cat-across-the-keyboard thing they named it. That’s at least three baskets!
When when Toyota wanted to enter the luxury market, they spent a billion dollars and came up with the LS400. And it was perfect right out the gate.
The bz4x does not show the same level of serious intention that the LS400 had. It’s borderline a compliance car.
The USA is a net exporter of oil these days due to fracking and oil shale, market conditions are very different to when OPEC controlled the entire market
Yet our prices are still determined by the global price.
yeah, oil market is really complicated, we sell and buy back and resell and rebuy and stockpile and pull from the stockpile and cycle in and out and all kinds of other bullshit, it’s really fuckin stupid tbh