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The High, High Cost of Toyota's EV Blunder

24 Mar 2023 | Abstracted from Asia Times

"And Toyota's [EV] myopia is symptomatic of Japan's broad struggle to get its economic groove back...

"The good news is that officials in Toyota City are realizing their blunder...bad news: it may already be too late as Tesla, Detroit, Germany and China beat Toyota to the punch.

"Not only did his team cling stubbornly to hybrid technology consumers don’t want, it poured billions into non-electronic alternatives like hydrogen power."



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