Toyota starts firing staff as Japan’s EV reluctance begins to spread panic

[@sergeyvalerievich5976]

Japan lost its microchip industry in 90s, lost its domestic electronics industry in 2010s and will lose it's car industry in 2020s. This is called bad future planning!

[@BRYANHENRY-rx2bw]

Good info till you state your position. Japan was a model country until the Bush clan set its sights on destroying the sovereignty of a nation built on equality. Good luk. I'm sure you will rise up and defeat the evil with words alone.

[@skepticalmechanic]

Well said..

[@Fanta....]

@@BRYANHENRY-rx2bw lay off the glass barbie mate

[@nemesis1134]

Yes, Panasonic & Japanese engineers, they were well placed and ahead in some areas in the electronics field but their lead slowly faded. I can see the parallel based on hearing stories of when my dad worked with space program & telecom..

[@skepticalmechanic]

@@davidz7858 not trying… doing!

[@douglasvoncannon3073]

Good comparison regarding what happened in the US in the 1970's. I experienced firsthand the rapid change from low quality American cars to high quality Japanese cars. American car makers insisted that the market would not change. History tells us otherwise. Innovate or die.

[@dont_hit_trees]

^This. Been saying it for years. Also, lots of failed American electronics companies like RCA. It’s the company culture that’s rotten.

[@davidbeppler3032]

The current change started in 2017. The Tesla Model 3 release was the beginning of the shift to EVs. The Model Y and Cybertruck are the end of Legacy Auto and ICE dominance. It will all be over by 2030. 13 years. It just took 13 years.

[@bosatsu76]

That assumes that Chinese cars are superior... I highly doubt that... Cheaper, for sure. And that's a dead end business model. I think the Chinese are merely tightening their pocket books and realizing their own golden age is over, time to hunker down and survive with less.

[@danboyd2725]

@davidbeppler3032 The adoption curve for new technology is very quick. We went from $40,000 flat screen plasmas in 1999 to LCD TVs out selling CRT TVs and SONY shutting down Trinitron CRT manufacturing in 2008. Just nine years and a half century old industry was completely upended.

[@davidbeppler3032]

@@danboyd2725 I know. Thanks for regurgitating information that nobody asked for.

[@lanzer22]

The only reason why Nissan started building EV was because it wasn't led by a Japanese CEO at the time. They then kicked out that CEO and proceed to make no improvement to the Nissan Leaf. For 10+ years the Leaf remained an EV with air cooled batteries. Just insane.

[@LordElpme]

The same Nissan Leaf being sold for £31k that has slower accel/top speed, less range and slower charging where as you can get a base model Volvo EX30 or MG4 Trophy for £33k. Leaf is a good car, just 3-5 years out of date

[@Mabeylater293]

Carlos Ghosn had vision. No question about that. The problem was that his vision also included screwing customers by selling them shoddy products. Just look at the first Ev under him: the Nissan Leaf. They were purposely designed to have poor battery manager forcing the customer to experience battery degradation so that customers would have to shell out $10,000+ for Renault Nissans “battery replacement program”. That’s just one example. Carlos Ghosn is a shister.

[@TecnamTwin]

​​​​@@Mabeylater293 His goal was to make Nissan profitable and he did just that. Your point about the batteries is revisionist history: not true. Servicing and/or replacement was an afterthought. They didn't know how long the batteries would last. They chose air-cooled vs liquid-cooled because it was much cheaper to develop and produce. The LEAF was supposed to be an affordable EV that didn't lose money for Nissan and for a time, sales were hot! But like the World Car of the Year Jaguar I-Pace, not updating a product results in waning sales. Now Nissan has the nice but overpriced Ariya. At least it's better than the worse-than-mediocre Toyota "Buzzforx."

[@aristideau5072]

I remember that CEO (he was Mexican yes?) was predicting that all Nissan's would be electric by 2010!!

[@koma-k]

@@TecnamTwin The original LEAF was a good start at a time when the closest thing to a "proper" EV on the market was the "triplets". Yes, the lack of proper battery temperature management was a mistake, though I'm willing to forgive them for that. What I cannot forgive Nissan for however is repeating the mistake in the 2nd gen LEAF. Add to that the mediocre app and associated infrastructure and I won't even consider Nissan for the foreseeable future. BTW we did have a 1st gen (early version) LEAF for almost nine years from new, finally replacing it when battery degradation became so bad it struggled with my wife's 50km daily commute in winter.

[@mcconlogue1898]

Toyota is losing market share in the U.S. too. And I own 2 Toyotas. My next car will be a Tesla.

[@davidbeppler3032]

Better trade in fast, before they realize that the car is worthless.

[@TheCrazyMoparDude68]

Why would you trade in a good vehicle for one of the lowest ranked cars on the market. Tesla is pretty much junk.

[@robbeales5516]

@@TheCrazyMoparDude68I agree just give it time and the blind will eventually see 😂

[@preeyakumari-i2q]

@@TheCrazyMoparDude68 Toyota trucks are now junk! This ain’t the old Toyota of yesteryear, now they’re cutting Corners like the big three!

[@jimkeys7580]

Strange. A friend of mine just purchased a Toyota Corolla here in Ontario Canada. She's been told it will be approx. three months before her car will be delivered. Why wouldn't they keep producing if there is still demand? Here a Tesla Model 3 is still almost double the cost of a Corolla and there are not many chargers available once you leave densely populated areas.

[@davidbeppler3032]

Why would you need many Super Chargers available once you leave densely populated areas?

[@Girthon1]

Because this chamnel is all about EV propaganda especially for the Chinese EV industry.

[@Fanta....]

@@davidbeppler3032 sparsely populated doesn't mean sparsely travelled.

[@Notme-tq4xs]

@@Fanta.... just need a few on the highway. unless you want them in vacant fields ?

[@ricardobrown4878]

@@Girthon1 how can intelligent market commentary be 'propaganda'? EVs are selling like hotcakes, just the way it is. ICE is done for.

[@antwnpowell]

Here in France the BZ4X (513 km) starts at 55k€, whilst the Tesla m3 long range (620km WLTP) sells for 40k€.

[@tvaddict135]

In USA, it is opposite. BZ4X starts at $42,000 USD and Tesla Model 3 long range starts at $47,240.

[@rozonoemi9374]

@@tvaddict135 But the Tesla will get the $7,500 rebate, not the Toyota!

[@huidaoren]

Both shitty cars

[@4literv6]

@@tvaddict135 fwd with pathetic overall range, low power, less tech, slower charging and no tax credit on the buzyforks. Check those wheels to. Basically its not even worth mentioning in the same sentence as a tesla model Y, the world's best selling ev.

[@BigBen621]

​@@4literv6Actually, the biggest selling car in the world, EV or ICE!

[@billybobjones4317]

The simple way to see if the Japanese car market will bounce back is to just look at how well Kodak and Fuji Film and the other brands of Negative and Positive Film manufacturers bounced back once digital became a moving force in the Camera Industry. Not sure how well the Ledger bounced back into use at our local Banks, or the Switchboard at our local Telephone exchange :) Seems that once a new Technology or actually I should say, a better technology comes along, people for some weird reason seem to want to get this better option and no one looks back, I have seen this happen many times over the last 60 years as I am nearly 70 and have noticed the TV take over from the Radio, the Hand crank Tractor and automobile to ones with starter motors, the Milk Man replaced by local supermarkets, in fact all the services we used to have that delivered to our front door, replaced by Ma and Pa local shops or larger Supermarkets. Then once the electronics era came around in the 70's, things just took off with technologies coming and going at a pace never before seen. Now we are on the verge of a new era of change, not just EV's but A.I and the combining of both as well as A.I being incorporated into everything we use. Even my Washing Machine is supposed to have an A.I lol. The next ten years will see things jump at a pace that will make the computer era look like a snail pace :). Funny thing is that at every new move, we have people that will say anything and everything to knock the new, they will take out of context one fault and turn it into the sky is falling for that new and it will fail, instead every time these same deniers or naysayers get proven wrong and they crawl back into their holes until the next new thing. Also I hear more the naysayer garbage from people I haven't talked to in a while when I do catch up and say I am looking at buying an EV, I get straight away, oh no don't buy an EV as they explode into flames all the time and there are no chargers and all the other crap they go on about :)

[@alancobbin]

Toyota has been warned time after time the last 5 years,now their denial is finally catching up with them.

[@yourlogicalnightmare1014]

Toyota hydrogen cars and billion mile batteries 🔋 will rule the world according to Toyota

[@alancobbin]

@@yourlogicalnightmare1014 they also make world changing batteries for their EV’s,truth is their chickens have come home to roost and they know it.

[@atombomb6719]

I call bs They're playing the long game EVs are a gimmick May change in 8 to 12 years

[@zhanglini]

They still deny wrongdoings 80 years after they got defeated in ww2

[@SpruceMoose-iv8un]

@@yourlogicalnightmare1014 The problem with Hydrogen cars is that no one is going to buy them unless theirs infrastructure and no one is going to build infrastructure unless their are a lot of Hydrogen cars around. Tesla spent a shit ton of money building charging stations. At the very least in Japan Toyota should have built hundreds of hydrogen stations.

[@privateerburrows]

Ironically, Mitsubishi was really the first EV producer, and the first to market electric cars in the US, long before Tesla. What they did not have the vision for, was making their EV's fast, sporty and sexy. Which is understandable. But once Tesla showed the way, what held Mitsubishi back from using their years of lead in EV technology to try and be more competitive, and have models more appealing? They just sat on their hands and watched Tesla grow and grow, while doing absolutely nothing about it.

[@Notme-tq4xs]

They all sat on their hands. It seemed to hard at the time.

[@Anonymint-vj7bt]

EVs are a nonsensical clusterfuck in places with freedom of movement over long distances. The U.S. lost all of those except vehicle industry and thus unlikely Japan will as at least their ICE vehicles will continue to sell in the rest of the world that hates EVs, excluding those enslaved Chinx and Europe0ns in their 15 minute sh8ties.

[@jeffw3001]

Outlander PHEV sells well here in NZ, albeit with a reputation for short battery life SOH

[@Anonymint-vj7bt]

@@jeffw3001 And what do you do when you run out of fuel in the Outback? Not like you can carry a jerry can of electricity. EVs are for woke fools and we will be laughing at them when the power grid is taken out. Go woke, go broke.

[@ZacKurtis]

Was that really a "car" though? It was a curvy golf cart that couldn't go on the highway. But yeah, we had a bunch here in Seattle

[@danboyd2725]

This reminds me of when flat screens took over. By 1999 the old CRT TVs had finally become really good. They could last for a decade without issue and SONY's Trinitron was the best you could buy. Flat screens came in and at first they were small, expensive, and not that reliable. Then technological advancement happened. Within a decade they were huge, cheap and lasted so long people started to give their old ones away. Sony was late to the party because they kept trying to letterbox and rework Trinitron, their flagship technology. Sony still hasn't recaptured their market position. Same thing is happening with Toyota. Toyota internal combustion engines are the best in the world. They have no equal and can last for a decade or two with proper maintenance and even without it. But they're coming late to the EV movement and that will cost them.

[@kwalelalipimile3894]

Really good analogy, I think of it as we as people have always had carriages, now what powered them has changed with the times, horse drawn - combustion powered - now electric powered. Why mass electric now, same reason as the change to fuel, efficiency. Battery technology being the main push

[@渡海-q2w]

Unfortunately Toyota are a loozer in electric department lol

[@msmith3395]

You couldn't even give old CRT TVs away. I remember dragging my old but otherwise perfectly functional 45" CRT by the plug through the snow out to the trash cans out by the alley as my new flat screen stood proudly in the living room.

[@BoopSnoot]

"But they're coming late to the EV movement and that will cost them." Cost them what? Its been demonstrated without question that forcing EV adoption is disastrous and classist, removing personal mobility from the reach of the average person and coming at great economic cost and for nothing.

[@Cant_prove_god]

@BoopSnoot - where i live my solar panels provide me with more free power than I can use almost every day of the year. Currently i spend around $4K PA on fuel for my ICE car. I can now use my excess solar to charge the EV I’m about to buy, for free. Yes, no cost to charge battery… ever! That means over the 10 year life of the car, I’ve saved a minimum of $40k (not assuming any rise in the price of gas). It’s a no-brainer, and my Tesla Model 3 will be arriving soon. No one is forcing me, and I don’t receive an incentive to buy it. It just makes sense.

[@document6]

Honestly Toyota had such a huge start on EVs w their long history of hybrids (electric motors and batteries, come, talk about a head start!!!) … That I personally don’t even feel bad for them.

[@nordic5490]

The problem for all legacy auto is, that evs are relatively simple cars, with 40% leass parts than an ice. Thus, many less experienced manufacturers can make evs, buy buying in batteries.

[@crazydrifter13]

EV denial is very costly. Many companies won't be able to afford it. The beast of creative destruction is out.

[@fredfrond6148]

The denial is rampant. I see, INFLUENTIAL US policy makers, say that cobalt is a ecological and humanitarian nightmare. When I comment that the batteries made in China are LFP and have no cobalt and also have fewer raw material constraints. Usually I am met with silence like these idiots don’t understand or don’t educate themselves as to the Implications. It is stunning how many “muppets” (to use Viking’s phrase) are in jobs where their decisions are crucial.

[@PAHighlander24]

You clearly don't understand the sheer magnitude of the public who do not want an EV, but these companies do. The reasons are multiple, whether the higher cost than CE, the low resale value, the cost of replacement batteries exceeding the value of older EV's, the lack of access to charging for people who do not live in single family homes, as well as other reasons. Combine that fact with the sheer cost of R&D to develop and manufacture EV's as well as the learning curves once in production, Toyota is taking a conservative alternative with their already successful hybrid technology. It may be a gamble, but Toyota has a history of making good decisions in the past.

[@oscarholman]

Great comment.

[@fredfrond6148]

@@PAHighlander24 you know what is more dangerous than an ev battery than can catch fire? A car with a battery and a gas tank. Just saying.

[@oscarholman]

@@PAHighlander24All correct. However the policy trend is ICE is out, EVs are in. Riding carbon taxes are adding to the cost of gasoline and EVs have an insurmountable cost of ownership advantage. Once a 25k EV with 300 mile range is manufactured, and if CT is comparable in price to a Ford/GM/Ram truck…many of the issues you raise will be solved by markets (charging points in apartments/condos), or shifting attitudes (range anxiety, battery quality fears).

[@castortoutnu]

Omg I can't watch these videos anymore. I liked electric Vikings videos at first but now it's 10+ minutes videos for 30s worth of relevant informations.

[@That-Guy_]

I had a Rav4 Hybrid and it was the main reason I got a Tesla. Not because it was bad but because it was good and opened my eyes to the performance of electric motors and low center of gravity for handling.

[@cs1992]

Except for the range and refueling issues, I can understand your feeling.

[@That-Guy_]

@@cs1992 I have driven my Tesla Model 3 rwd from Houston to Orlando and back without an issue. And charge it for free at home.

[@stvybaby]

Toyota stock goes up and up and up as it enters the EV death spiral saddled with worlds largest debt.

[@yourlogicalnightmare1014]

Stock is up because everyone believes in (a) their plan for hydrogen cars, and (b) their claimed billion mile solid state battery that fits in the palm of your hand.

[@stevepailet8258]

just goes to show you that there are millions of stupid and ignorant people willing to toss away their hard earned cash because they invest without even looking at what is happening in the world around us

[@chivimbe]

@@stevepailet8258EV’s are very dumb. It will backfire on the other companies

[@4literv6]

What a bonfire or boom it's gonna make when it busts. My guess is by 2025 or sooner it's gonna get ugly for LEGACY ice oems. By 2027 I don't think any of the current top 3 in sales will be in business as is anymore.

[@patrickharper1798]

When do we short Toyota?

[@Alien8_P1]

Just to let you know the situation from the UK...the dealerships can't shift used EV's despite massive reductions and new car sales of EV's are on their arse. Strangely enough second hand car prices of traditional petrol and diesel (including 10-15 year old vehicles) are GAINING value at between 3.5 - 5% annually. And let's not mention the EV battery risks...RIP the recent death on the Bremen transporter due to ANOTHER EV meltdown!!

[@ricardobrown4878]

That hasnt been proven yet. Remember the egg on faces over the UK multistorey car park fire....that turned out to be caused by a Landrover - yet the anti EV brigade went crazy blaming an EV?

[@Prospertxre]

Toyotas not in trouble they just recognizing the EVs are not the way forward. There’s only so much market that can be created by the government handing out money and the people that decided to take the money already have EV’s. For the rest of us we can think the technology is neat, but it’s nowhere near ready for prime time. There are too many compromises. Any new technology is supposed to be better than the previous technology and if it is, then the market will determine what wins. The only thing, forcing EV’s down our throat are governments.

[@Notme-tq4xs]

Is this a post from 2012 ?

[@chrishar110]

@@Notme-tq4xs No, he just woke up. Poor guy, he was in coma for 15 years.

[@johnjay7822]

Failing is one thing. Toyota is lying through their teeth.

[@Crosshatch1212]

Have you seen all there ev just rotting away ,😅

[@preeyakumari-i2q]

They lie about everything,emissions, safety , whatever it is !

[@D.A.OhK.]

I guess announcing a new potential wonder battery isn't the same as actually putting it on the road.

[@gnoxycat]

They couldn't even put it in a demonstration vehicle.

[@norfolkngood8960]

It doesn't even exist outside the lab yet hence why they have to keep dropping the date. Some of the biggest battery tech cos are working on solid state batteries feck knows why Toyota thought they'd be the ones to crack it when others have spent billions and decades already

[@elmohead]

They missed the boat for phones, and now EVs.

[@danielmadar9938]

Israel is a small car market (which might collapse with our unfortunate autocratic theocracy brewing), but here Toyota's sales dropped by 30% in the 1st half of 2023, while pure EVs sales rose by 2,700% in the last 2.5 years to 16% market share. The best selling car this year is for the 1st time ever an EV- BYD Atto 3.

[@stephenmarcus9601]

Amazing! Israel is a great laboratory for nations without national auto champions, but consumers able to buy based purely on price/quality. UK is buying Chinese owned MG at a rate that will displace Vauxhall. Australia almost fits this criteria except for military tensions. LATAM is up for grabs, too, with only GM growing. VW is possibly more endangered than Toyota. Curious to see how sales of Stellantis and Ultium do with these being the strongest Western EV brands after Tesla and Rivian

[@jackbraga8637]

the writing is on the wall.

[@brunosmith6925]

Do your best to resist any autocratic theocracy... It's the formula for all Islamic States - and it does not take many braincells to work out that that system of government doesn't succeed. Israelis have the advantage (in general) of having superior intelligence compared to most other societies... Surely people can see that where religion starts to blend strongly with politics, a disaster is looming?

[@robsmall6466]

​@@stephenmarcus9601Vauxhall currently have two models in the UK top ten sales. Corsa and Mokka. MG doesn't have any not since the start of the year when they sold off old stock on the cheap

[@MrDamon888]

Israel is very specific market. Distances are small, so EV makes sense. In large territories answer is not so clear.

[@Thulebeez]

The BYD atto 3 has launched in South Africa this month , I saw one on the road today that EV looks beautiful, Now Toyota is still undecided on wether to sell the Bz4x. As far as they are concerned Africans want ICE & HEV but the tide is about to change Chineses EVs will dominate Africa soon.

[@LearningFast]

Any company saying they can’t produce cars now because of the “parts shortage” is just lying. That is just an excuse now for not progressing.

[@rabokarabekian409]

Nice presentation of verifiable evidence, you.

[@Notme-tq4xs]

@@rabokarabekian409 Toyota doesn't want you to have verified evidence of their decline.

[@steveoconnell3228]

In the 70s when japan starting selling cars in the UK a common saying was "Jap Crap" that was until it was realised how good they were and then we all wanted one, the perception of Chinese made goods is already that they are normally of decent quality so i don't see any barriers here for Chinese car manufacturers to crab large market share.

[@TheSpoovy]

You don't think people will baulk at funding the CCP and all it's horrors? I wouldn't buy a Chinese car, I prefer to sleep at night.

[@koma-k]

Well, the "crap" part wasn't entirely unfounded - I remember Hondas pre ca. '84 were famous for rusting at a pace giving old Citroëns a run for their money... By the mid-eighties that was mostly sorted though, just as both rust and electrical issues in the Cit XM had been sorted by the time mine was made (to be fair, rust was never an issue for the XM, but some previous models were quite bad).

[@FrunkensteinVonZipperneck]

Yeah. When Honda motorcycles introduced the CB750, BSA, Triumph, & Norton owners said, "Four carburetters won't work. It's impossible to synchronize 2 on my bike. And of course, Lucas Electric is the tops!" Cray. Cray.

[@8ballphilc]

It seems odd to us up in Canada that Toyota is having a problem selling vehicles, yet we can't get our hands on stock. Our dealerships are sitting with pretty much empty lots. Almost all inbound vehicles are already presold. There is a 2 year wait list for a new Tundra! Why can we not get stock if no one else is buying them?

[@FrunkensteinVonZipperneck]

Same in Atlantic Canada. For Hyundai and KIA too. Local KIA dealer has 5 vehicles - of any type - for sale. Salespeeps have seen an EV6, but never had one on the lot... What The Frunk?

[@nightdipper5178]

The Viking uses "Chat GPT" for his research.

[@Furyswipes]

@@nightdipper5178 Pretty much this. I had to wait 40 days for a Camry.

[@dexlab7539]

It’s not supply - they are reducing output…False Scarcity to keep prices high…DONT BUY

[@atombomb6719]

Toyota is still dominating This content is bs Australia is China's whipping boy

[@folkengames]

Ignoring EV and making the Supra a bmw z4 while charging 40k for Tacoma is brand suicide. This is the greatest squander since game of thrones s8.

[@stever5359]

But the did finally do a mild refresh and actually put disc brakes on the rear axle. That only impressed the Toyota fan boys.

[@spankeyfish]

Pickup trucks and SUVs are both big margin products, that's why they've been chasing them.

[@sustainablescott]

Excellent analogy

[@BlondieSuperdog]

The Japanese government is panicking; not Toyota or Honda. Toyota knows Lithium EVs are a dead end niche due to a limited lithium supply. The industry really knows it or they wouldn't researching so hard for an alternative.Toyota knows EVs will never work large scale without a cheaper scaling, safe chemistry. They know they lead in solid state tech and patents. Toyota knows that EVs will go no where without a new generation of batteries superior to lithium.

[@troy1193]

The new Prius marketing is hilarious. I've even seen ads disguised as news stories trying to compare it to a model 3 and claiming it is the car to buy. As someone mentioned in these comments, Hybrids are what Sony Trinitron CRT TVs were when flat panel TVs came onto the scene. It's the best version of a soon-to-be obsolete technology that nobody wants because the flat panel was just clearly superior in almost every way.

[@MegaWilderness]

Watch Mark Mills and get off your high horse

[@robsmall6466]

Um..... No flat panels are not a superior technology. They are cheap and scalable and that's about it. TV manufacturers only care about connectivity. Hence no modern TV has the Trinitron reputation

[@troy1193]

@@robsmall6466 I mean, if you are going to ignore QDOLED or WOLED TVs, sure. The only thing CRTs have over them is less chance of burn in. I do have to say I miss lugging up the stairs that 200LB 34" widescreen Trinitron I had in 2004 and the lights dimming when I turned it on. I suppose it does have today's TVs beat in weight and power consumption.

[@robsmall6466]

@@troy1193 And still all these latest spin offs from quantum dot to oled still can't produce proper motion, still have black issues, still have contrast problems. Check out the sites online that review them and no matter what you pay the technology still isn't delivering apart from resolution. Judder in 2023 ?

[@Fanta....]

Graphic designers still preferred crt's for quite a while i believe due to the resolution and colour output. for most other people it was a case of near enough is good enough.

[@JohanLofgren-jc4mh]

Reading a lot of Toyota's history when learning kaizen, The "Toyota way" is a must. Toyota believes in lots of values and firing the workforce is against its DNA if you like. Its the last thing Toyota wants to do. Toyota is shaken to its core. Toyota probably bet on the wrong "horses" in the Green Vehicle race, hydrogen and solid-state battery.

[@pohkhui]

If the Japanese car makers continue to hold strongly together, probably will sink down together.

[@steven4315]

Worked in factories most of my life. The Toyota Chinese plant went from 19k workers to 18k workers. Unless you are affected, a 5% layoff is not a big deal. That said, I agree the non Chinese auto companies not named Tesla are in trouble in China.

[@MyUtubeScott]

I am not even automotive industry insider and I predicted this would happen 10 - 15 years ago when CCP forced foreign automakers to partner up with Chinese companies.

[@dexlab7539]

It is a ‘big deal’ as a signpost of more problems to come

[@kadmow]

And Tesla has nothing, save the face, (and the fans, but those are largely Musk fans) which can't be replaced really. Everything touted as amazing, some things are innovative (copyable by any manufacturers) some are applications of thing from other sectors, while some are downright ridiculous, or even hazardous and undesirable from a manufacturing or governance point of view.... First mover is a benefit, private wealth another, the ability to move before that next stakeholders meeting. An authoritarian can just Xerox the whole system (ok, get the west to train all their business and technical people)

[@budbud2509]

I agree , first thing is NEVER believe chinese figures china is falling behind and has money problems ( Joe Bloggs YT ) so sales wont be that good The claim that EV's are booming is also a lie cos there are literally hundreds and thousands of registered EV's lying about in fields pretending to be sold and with customers to show china is out performing Tesla ( serpentza YT )

[@incognitotorpedo42]

@@kadmow lmao

[@paull3179]

Can't be that bad. Used 3 year old ones are selling at new prices in Canada because there is a very long waiting time to get a new one.

[@brucec954]

Turns out its easy to build a few poor EV's but hard to make large quantities of good EV's.

[@malcolmstreet1]

and make money out of them - Tesla's greatest achievement is its production engineering

[@archstanton5973]

*Tell that to BYD.*

[@dylanadams1455]

Norway are so EV happy that on a recent trip I actually saw not one but two BZ4X's in the wild, AND a Solterra! And then that was it, lol. Out of thousands of EVs. I saw more Xpeng and Nio than Toyotas, and I didn't see that many of those either. I even saw a Taycan pulling a caravan!

[@martymcfly3091]

I'm in Norway every year and I can say that I see the most from Tesla Model X/Y so far. But what I see most often next to fully electric models is the Toyota RAV 4

[@dylanadams1455]

@@martymcfly3091 yes, lots of RAV4s definitely. i noticed a lot of electric Volvos and a surprising amount of VW EVs too.

[@gursharandhillon2931]

Here in India, only few can afford EVs. The market is very price sensitive. But if you want any ICE car, the waiting period is 2-3 months for gasoline cars, more than 6 months for diesel cars (for the popular ones of course). It's really insane.. EVs cannot be popular here unless they become price competitive.

[@SingLee-on3yh]

The smog in India has to be the worst in the world

[@douglastodd1947]

The Heat in INDIA is going to help EV's to self Ignite.

[@archstanton5973]

Why is there a waiting list? Don't the carmakers keep a ready supply in inventory?

[@ilovepinktacos]

@@douglastodd1947that’s the Chinese crap they buy like they sell fake food to its consumers with synthetic plastic

[@casperhansen826]

EVs will soon become price competitive, but EV scooters are a cheap alternative

[@richardrowe1538]

Finally, overall Toyota still builds the most reliable line of automobiles and trucks (period).

[@zoobrizz]

Yes. They aren’t sheep. They are smarter than the big 3. I have Zero/O interest in a EV /AV Anxiety Vehicles. But we Love ❤️ our new 2023 Prius. 55MPG 500 + range.

[@theodoreschmidt9601]

I would say that Toyotas trucks are OK. Their cars are becoming crap. I have had two bad ones and have friends that have had cars that did not go 100000 miles

[@jamesthompson7282]

China was always going to be a problem market for Toyota - and ANY Japanese manufacturer. All it needed was for the Political leaders to fan xenophobia (China has plenty of that for anyone not Han) and very legitimate historical resentment of Japan. That resentment is huge, and won't vanish any time soon. As in, any century soon. The same situation holds in S. Korea. Business as usual in China: set you up, take you down That said, China's game is to invite you in. You need a partner; you pay the majority of costs & provide all IP & manufacturing molds & patterns; you get less than 50% & they get control, and of course the CCP can exercise control at any time. Once the Chinese have acquired what they need, you're booted out. Long before that they're using your IP to compete directly in markets everywhere. This is War by other means Mao explicitly called it that. No surprise: China never revoked it's war status; it's still officially at war with the west, dating from 1949. "After the victory of the CCP in the Chinese Civil War and declaration of the People's Republic of China in 1949 by Mao Zedong, the relations turned hostile. The two nations fought each other during Korean War. The US refused to recognize the legitimacy of the PRC and continued to recognize the ROC based in Taiwan as the legitimate government of China." [wikipedia] Nixon opened relations with China in 1972. In 1979 the US established diplomatic relations with the PRC and recognized it as the sole legitimate government of China. But continued to support Taiwan, even while supporting China's entry to the UN, supplanting Taiwan. China doesn't care. Poking a hornet's nest is dangerous Xi has made it abundantly clear in his internal public addresses (for a Chinese audience) that the status quo is War, by other means - For Now. Children starting in Kindergarten are indoctrinated in the ethic of war with the ENEMY, identified clearly as America. They start bayonet training in elementary school. And recently Xi has started being less ambiguous in his statements in English - statements he expects the outside world to be following. That may be changing: China's in economic crisis and desperate for trade (imports AND exports) at a time when it's been hammered by a too-aggressive COVID shutdown, a property crisis that's triggered both bank & regional government financial crises, massive flooding that's reduced the food supply, and unforeseen reticence of western companies to be bullied by Chinese government & bureaucracy: they're leaving in droves. Some major ports have been essentially closed for a month. Foreign governments are FINALLY reacting to Chinese hacking campaigns that have run for decades, stealing western IP and military secrets. Everyone has been hacked, from Microsoft & Google to the Pentagon. Electrical utilities have been subjected to cyber attacks. Western companies have been undermined. Our economies have been hollowed out (albeit largely with the complicit support of western companies). And now China has made it clear it's supporting Russia and - from the point of view of Washington - trading with the enemy. So maybe Premier Xi feels he needs to dial back the thinly-veiled aggression, stand down for a few months on Taiwan, and focus on getting trade back so his economy can function. Changes in 'management' Xi's Foreign Minister Qin Gang said he practiced "wolf warrior" diplomacy (make of that what you will) & engaged in inflammatory comments mooting invasions of other countries. He suddenly disappeared some weeks ago, & was replaced in the past few days with Wang Yi, a more reserved diplomat. So perhaps Xi thought things went a bit too far for the present & is dialing it back. This is a gathering storm The problem - aside from Xi's real intentions - isn't just the timing of whenever it is that Xi follows through (Taiwan is at serious risk of invasion; the entire SE Asia region is in imminent danger of war engulfing Japan, S Korea, the Philippines, Vietnam... everyone). The problem is that an autocrat who keeps disappearing people (therefore scaring the sh!t out of everyone in China) has spent years stoking hatred and resentment against Taiwan, Japan and America, and anyone seen as frustrating the "legitimate rights of the Chinese People" - i.e. the CCP. He's stoked the MOB, and the mob is angry. That's hard to undo, and hard to regulate. You can't dial it up, ratchet it back. It'll very easily get out of control. There's enormous resentment in the Chinese public against the banks, crooked land developers, regional governments, the CCP... That can't easily be suppressed, so the easy way out for Xi will be to redirect it at someone else. Meanwhile, they're stoked. Historical resentment And frankly, it didn't take a lot of stoking. Chinese resentment of the way Japan acted in the past (invasion of Manchuria, invasion of China, the Rape of Nanking - just one of many cities that suffered such slaughter...) is still fresh in their collective consciousness. The French are justifiably wary of Germany, and that's a situation where the Germans frankly aren't even German any more - not as defined by anyone familiar with German culture & public sentiment any time prior to 1940. Germany as it was for the century plus before 1940 has been erased and forsworn: Germans are apologetic and have changed their national culture political consciousness as dramatically as Scandinavians, current models of social & political behaviour for the world yet formerly Vikings who raped the world. Point is the French attitude of wariness regarding Germany has nothing on China's attitude towards Japan, a nation that has never really apologised for it's decades-long military assault on its neighbours. The wounds are deep, they're still fresh, and China's politicians keep stoking them. Combines with business as usual Plus of course manipulation of outsiders is China's game plan. The CCP has a medieval mindset that promotes mercantilist policies. The standard game plan for any dictator faced with economic problems is to threaten, then invade nearby smaller nations. Sound familiar? Happened in Germany under the Nazis, Russia under Stalin, Argentina (Falklands Is. war)... this is a historical trope. Japan's auto companies were always going to get screwed in China. Next it'll be America's turn. This'll involve Tesla in time I discount all financial models for Tesla by 30% to account for the inevitable confiscation of Tesla's Shanghai plant. It's all about timing & circumstances, but it's inevitable. Japan will hit the wall Meanwhile, Toyota is toast. It'll need & will get a financial bailout from Japan's government (the auto trade is just TOO important to Japan's manufacturing economy) but Japan's government is already leveraged to the hilt, is carrying staggering debt after decades of infusions of money to the banking sector that collapsed in 1991. So they can't likely bail out everyone. And the banks will be in further straights: every major keiretsu - Toyota, Fuji and the historical "big six": Mitsui, Mitsubishi, Sumitomo, Fuyo, Sanwa, and Dai-Ichi Kangyō Bank (DKB) Group - each of them owns a captive bank that's stressed to the max. So this manufacturing crisis won't just involve manufacturing: it'll involve a return to financial crisis in the banking sector too. Mergers are coming in Japan. Toyota is the biggest automaker, has already started to merge in Subaru. Look for forced mergers of everyone else: Nissan, Mitsubishi, Suzuki... as everyone hits the wall. It'll be grim. And Japan is the third largest economy in the world: that doesn't bode well for everyone else. I fear my children will live in Interesting Times.

[@virtual-viking]

ChatGPT data is 2 years old, so if it says Toyota is in trouble, it means it was already in trouble 2 years ago and things are likely much worse now.

[@funkb0x]

Watched this video & many others. Seen images of millions of electric cars rotting in fields. Zero charging infrastructure & ridiculous prices. Everyone I know who owns electric vehicles is having life changing problems. So I've decided to stick to my trusty petrol Nissan Micra until the end of days. Problem solved & net zero problems. I still use my Nokia brick phone. It has never let me down & doesn't feed me shit. I'll wait until being sensible is made illegal.

[@nilsfrederking62]

That the Toyota stock could go up within the last half year is completely insane and tells you a lot about stock market.

[@andrewb8548]

How many electric vehicles offset the emmissions of 2x 18,000,000lbs of steel smelted to make the 2 bulk carriers sunk by electric vehicles?

[@MsAjax409]

Japanese culture was instrumental in changing the auto industry 50 years ago, but ingrained cultures are a two-edged sword.

[@independentvoice6686]

Chinese are more loyal to their own brand now. Japan's political stance against China is hurting their products. People are patriotic.

[@williamconrad1087]

China partners with companies who share their expertise then after china learns what they need they do it themselves.

[@seamusdelahunty1615]

the fools

[@Fanta....]

which works out great until china openly slags off and offends all the different countries with their wolf wanker diplomacy and stop being supplied the info and materials they need to do that... no euv machines for you china!

[@blackknight4996]

Nobody forced the Japanese or Americans to partner with Chinese companies. You went there at your free will.

[@ellfra2]

EVs have peaked in the current form - the latest ship fire will accelerate the demise of the format.

[@ricardobrown4878]

wait for the investigation. Last time an "EV caused a carpark fire"....it was actually a Landrover.

[@pkerry12]

The ev age will thin out the weak companies

[@Anonymint-vj7bt]

The EV clusterfuck age will collapse society.

[@barriewilliams4526]

The EV age will be short-lived🙃

[@Anonymint-vj7bt]

@@barriewilliams4526 glad someone understands. Too many woke fools around in these comments. Go woke, go broke.

[@pkerry12]

@@barriewilliams4526 hows that? Can u go forward in time and send me photos of that occurring?

[@UndercoverScambaiter]

​@@Anonymint-vj7btexcept the numbers don't support your claim. EV sales are increasing in every major car market in the world each year. It's got nothing to do with being "woke".

[@dennisstafford7801]

There is no way Toyota is competitive with native Chinese brands like Xpeng and BYD

[@xelkim9666]

As a consumer, I am not too concerned about what the companies do, as long as it fits my needs(or wants) I will pick what's best for me. Toyota has done well for the last half a century, now it's Tesla and some Chinese brands' turn. Businesses get out-compete. No hard feeling, it's just businezs.

[@eggheadegghead]

correct

[@khaterine-v5q]

What a stupid bot comment this is.

[@craigcullen4171]

Tesla sacked over 10,000 staff last year and 5,000 this year. You didn’t report on that or the 1000,00 of teslas under recall last month. Or the 23,000 complaints tesla has received and ignored about its cruise control not working being dangerous. Or that there is a huge demand for Toyota product there is a 4 year wait on one of its Land Cruiser models and over a year wait on some others . Or that hybrids are far more popular and out sell EVs

[@chrishar110]

The last time I checked an EV was the best seller for 2023. What are you talking about?

[@randomjasmicisrandom]

I had a discussion on Twitter with someone who claimed that no EVs can charge when it is cold, so I introduced him to Norway, so he then said Norway doesn't count because the population is so small, so I introduced him to the Pole to Pole people who are driving an EV from the literal North Pole to the South Pole, who replied to him and said they had no issues, so he told them that they were wrong and cars can't charge when it is cold! We gave up at that point.

[@airheart1]

Some people are determined to remain ignorant

[@Anonymint-vj7bt]

EVs are a nonsensical clusterfuck in places with freedom of movement over long distances. The U.S. lost all of those except vehicle industry and thus unlikely Japan will as at least their ICE vehicles will continue to sell in the rest of the world that hates EVs, excluding those enslaved Chinx and Europe0ns in their 15 minute sh8ties.

[@AbBc-w4q]

like trying to talk facts with a woke person. They just dig their heels in even deeper.

[@Mick-j3z]

Never underestimate the stupidity of an idiot.

[@nordic5490]

@@AbBc-w4q ha ha ha ha. No one with higher iq even uses the term 'woke'. 'Woke' is a term invented by Fauxnews (who actually claim in court often, that they are entertainment, not news) to appeal to the less educated.

[@victorsvoice7978]

Don't worry. ICE cars will end up in Australia. At very high prices.

[@stuartkidney3257]

It's called GLOBAL RESTRUCTURING / RESET --- the automotive industry as known for the past 100 years is OVER. Coming to America - huge changes coming to Ford, GM, Chrysler - none of them will be the same a year from now most likely. A year from now, EV's as a legitimate automotive choice based on lithium will be discredited, and will be crashing and burning by then. Toyota has little stake in lithium/EV; they and Honda will stay in ICE engines - that is where the profits are. Everything else is unproven, including hydrogen/electric platforms Toyota / BMW will co-develop.

[@paulholterhaus7084]

You too, Have Your Head stuck in a dark hole..........Paul

[@stuartkidney3257]

@@paulholterhaus7084 IT already is happening...notice the NON-COMMUNIST CHINESE automakers and their LACK OF SALES inside of COMMUNIST CHINA. That is called "restructuring". Grow a pair & keep up with current events, LOL

[@FrunkensteinVonZipperneck]

If you are correct, Ford, GM, Chrysler will do great! They have a couple million ICE pickups to sell at high prices.

[@stuartkidney3257]

@@FrunkensteinVonZipperneck Ford DOES do well in USA with ICE, they make billions per year; unfortunately, they lose twice as much as that in LOSSES selling just a FEW EV's. Biden wired transferred about 9 billion $ a few weeks ago (yeah, a bailout) otherwise Ford was headed for bankruptcy this summer! GM does NOT make $ in North America, at best, they break even on ICE power plants. Chrysler, is a ....wait for it....A MESS!

[@stuartkidney3257]

@@paulholterhaus7084 I've followed Toyota for 30 years; they're doing fine; they ARE a little heavy on debt but otherwise, doing fine. They're worried about the 4 door coupe (a la Camry / ES350) segment, but they're #1 or #2 in SUVs most everywhere and have excellent loyalty by previous owners (including me). Pickups are a mess globally; lots of restructuring there but Toyota is not standing around, they're redefining the current market.

[@pegefounder]

Have seen several KZbin videos about Japan culture in the last days. Commented one: Seems nobody dares to tell the CEO of Toyota, that hydrogen cars are nonsense.

[@RomtimBS]

The objective reality is that Toyota's revenue is doing just fine. Since this channel doesn't allow to post links with proof, y'all have to type this yourself. Website - macrotrends go to - stocks/charts/TM/toyota/revenue The other objective reality is that the debt curve is the same for most other major automakers: Website - companiesmarketcap go to - volkswagen/total-debt or - general-motors/total-debt or - ford/total-debt It seems that Toyota and Japan are living rent-free in y'all heads, keep circlejerking.

[@christopherj2231]

You might be due for a haircut...I could be wrong.

[@vvvci]

Thanks, Sam, you are even ahead of STMP talking about Toyota's spectacular self destruction... it's like watching a 2 mile long train wreck itself! Japanese culture has produced some incredible engineers and products over the past century - from the mighty Yamato battleship & carrier air fleets in WW II to Honda, Toyota, Sony, and other companies producing world beating cars and electronics, but as you point out, their deference to leaders culture is getting them disrupted in a crisis way, exactly as they disrupted American automakers in the 1970s and '80s... but Japan is way more dependent on their auto industry than America was even in the :70s

[@zoobrizz]

False. The big 3 needed bailed out and Will again

[@zurinarctus1329]

@@zoobrizz Like Toshiba recently, it is basically a walking corpse with nothing profitable. The semiconductor division is under Bain's control, and it barely has any market share. Nuclear division went bankrupt long ago! Instead of selling to a foreign private equity firm, Japanese elites buy it back to shelve it forever without making it profitable. It's a dead company but still walking.

[@charleshayden1400]

CYBERTRUCK - Sandy & Cory (Munro Live) dropped a quasi-tear-down from the official Tesla pix. EVERYBODY gonna want one! OMG.

[@papakokopelli]

As a general rule, French people buy French cars, Japanese people buy Japanese cars. Chinese people..... You can easily fill in the blanks

[@Martinit0]

I think the Chinese EVs have changed the expectation of what a car should be and do for those Chinese customers. Toyota and VW didn't get the memo so now they have plummeting sales.

[@FrunkensteinVonZipperneck]

Canadian humans buy snow cars.

[@crackdbrain34]

Your delusional or refuse to acknowledge the fact that there are 1000's of Chinese EV's parked in fields.... due to the CCP's previous EV subsidy to EVs manufactured in China, this has now been cut due to this exact reason.

[@bearcubdaycare]

ChatGPT is not the Oracle of Delphi, by the way.

[@kuladeeluxe]

You are so far off when it comes to Canada. Try getting a Hybrid anything. Worth more used than new, beacuse they are sold into the future. Toyota GR86 sold out world wide. You think Canadians who are rural want Electric? No one trusts them at minus 25....when you need a car or you are in trouble.

[@otakuuniteda.s.2882]

I have been driving electric for the last 4 years. However I just moved to Japan. While you can buy an EV here, I am finding that charging it is a big challenge. I plan to live here for a while. So I will have to bite the bullet and purchase a gas vehicle. Due to my line of work, I need something reliable but somewhat efficient. When the charging network improves here I will go ahead and purchase an EV. But was a bit disappointed with the complexities of owning one.

[@chrishaberbosch1029]

What did you buy?

[@cohenkevinloriqueen818]

Charge at home ?

[@otakuuniteda.s.2882]

@@cohenkevinloriqueen818 Not so easy here. I am going to buy a nissan leaf for short distances. But charging at homes depends on the available amperage. Most houses from my understanding can only support level one charging. Incredibly slow!

[@otakuuniteda.s.2882]

@@chrishaberbosch1029 Jeep Cherokee 2023 4x4 and Nissan Leaf 40kw

[@Notme-tq4xs]

Take the train. Or you live out in the countryside?

[@leonvanderlinde5580]

Lots and lots of useless information. Deviating from the subject and not coming back!

[@nightdipper5178]

This 'story' doesn't mesh with my local toyota dealerships empty lots. They can't keep anything in stock. California is #1 FOR ev's but toyotas are still selling before they get to the dealership. *Reality bites*

[@RomtimBS]

This channel and it's viewers are insanely biased. Hate and drama sells more than facts.

[@ricardobrown4878]

@@RomtimBS if the stats presented arent correct, challenge them....with facts.....not emotion.

[@RomtimBS]

@@ricardobrown4878 didn't u read my other comment to this video with links to facts? bruh, learn to read

[@martykath4427]

Electric cars are a fad, a flash in the pan, and are not about "saving the world". They are expensive to buy , insure and repair .Already in some European countries their popularity is waning .If you live in apartments you will have to pay to upgrade the supply to your charging station. Bulk charging infrastructure is not available and sooner or later legislators will need to apply tax to the sale of electricity used to recharge your ev . So seeing I live in a land of vast distances I'm happy to "save the world" driving my fuel efficient 20+ year old ice car.

[@ChicagoTurtle1]

I’ve worked in a Japanese corporation that has branches and subsidiaries internationally. Don’t think for a second that the bosses there have honesty, integrity, or ethics.

[@dexlab7539]

Yup, ruthless bosses

[@Mick-j3z]

Ruthless, and trapped within their own dogma. I'm always amused at how it messes up a Japanese person when you try to do something differently to how 'it's supposed' to be done.

[@bruceburns1672]

How can anybody take Viking seriously when you listen to this load of drivel, Toyota in trouble, some models you have to wait 2 years for delivery, Viking lives in his own fantasy world.

[@etmax1]

Apparently in Germany for the first half of this year electric has outsold diesel for the first time ever, largely due to a drop in diesel and an increase in electric.

[@Crosshatch1212]

Nonsense

[@Corkedit]

Hahaha the other way that I see it is. If you look at gov numbers they are twisted just like the Chinese ones. UK secondhand market for EV according to Fleet magazine have catered now all the fleet cars 3 years old have come one the market as no customers to buy them. The only people that want an EV is a lease car borrower or an old lady nipping to the shops and wishes to be seen by her/his freinds as doing there bit in total ignorance to the real facts.

[@etmax1]

@@Crosshatch1212 It's out of the registration data so it can't be nonsense.

[@wonderplanet343]

@@Crosshatch1212 Why? “Die-sell” b l o w s out pollution and will soon be illegal new in many places by ~2035

[@archstanton5973]

*Could it have anything to do with Germany being a Vassal Lackey to MURCA! that lapdog followed MURCA! into CREATING the MASSIVE INFLATION ACROSS THE WEST THAT HAS CAUSED PETROLEUM PRODUCTS TO SKYROCKET?*

[@gocybertruck8189]

This is similar to when Samsung pushed Sony over as the Electronics giant. This time Tesla and China pushing Toyota and other cars over.

[@johnporter5828]

Toyota's EV's reputation preceeded it....

[@malcolmstreet1]

Yes, they have zero if not negative vibes

[@haukikannel]

Toyota hybrids still are good… But they are still losing markets to full EV… Toyota has the release something incredible to change the situation or peoples opinion about EV has to start crumbling…

[@praetorian3571]

In my country, there is a long waiting list for most of popular Toyota car!! Toyota doing fine.

[@preeyakumari-i2q]

For a while !

[@michaelharrison7072]

Toyota not falling for ev nonsense !

[@theproffessional9]

Hey Sam, have you noticed Volvo is making more money now that they're making more EVs? Wouldn't this imply that they're making more profit from their electric cars than their gas cars? You should really talk about this.

[@MartinMenge]

From what I read in the last 20 years, it seems that the reluctance in the auto-industry in developing the EV market has been influences by one very important factor. The sale of spares. OEM sales has been a massive source of revenue traditionally. There is also the built i-in obsolescence of an ICE vehicle. The heat from the engine ages the vehicle. My suspicion is that most manufacturers needed to establish that they will be able to get the same customer back 5 to 8 years later for a new model. I think this is why they push for DC fast charging and other ways of driving that might deteriorate the range faster. Making the option to purchase a new vehicle after 5 to 8 years all the more attractive. Also, increasing revenue does not automatically imply that your profits are higher. In fact, I suspect that many automakers in the EV space have far lower profit margins on EVs compared to ICE, especially as they fight for market share. What does Volvo's earnings statements say?

[@antoniocruz8083]

Exactly. Evs are too low maintenance and long lasting for the industry to maintain itself. Even Edison started making light bulbs with a short life span.

[@recoilrob324]

@@MartinMenge The EV market is NOT 50% of all vehicles....not even close. So all of these companies gearing up production to meet this mark are going to end up with millions of EV's sitting on the lots unsold. Mark my words...forcing the companies to build vehicles that in the end won't sell is going to drive many into bankruptcy. Only Tesla can make a profit on their EV's and are everyone else are increasing the ICE prices trying to cover the losses. EV's in China sort of makes sense because they have lots of coal electric generation and must import all of their oil....where here in the USA we have plenty of oil and natural gas so we don't need EV's.

[@chrisheath2637]

@@antoniocruz8083 Marketing and business "gurus" probably think that having a swiftly ageing product, with high maintenance, high servicing costs, and reliance on high cost Stealerships is a wonderful business model - great and increasing revenue streams as the vehicle ages...and, in this world of disposables, they expect people to be happy to lose 50% of a high cost item in 5 years. As a frugal ageing man, I beg to differ - EVs (from a decent manufacturer) will prove to be far hardier, and long lasting , will f**k those Stealerships in the face, prove the stupidity of marketing "gurus" who have fed off the blood of the consumer for far too long - and will show that those manufacturers who make well designed and long lasting products will do much better, while catering for the consumer, than the predatory business practices of Legacy Auto, and their bloodsucking sidekicks, the Stealerships...

[@chrisheath2637]

@@recoilrob324 Yeah, you're right, except in the States, NO-ONE is "gearing up" to make EVs, except pure EV makers - because they see enough profit from ICE vehicles. And it's wonderful that the States doesn't NEED EVs, because they have enough oil and gas - but some might say, they are BURNING too much oil and gas....

[@pinchasreich7773]

maybe Toyota buyers are reluctant to gamble on unreliable EV technology. Toyota buyers realize there's still a long way to go before EVs (and charging systems) are feasible on a large scale.

[@halohat2286]

Question Sam - How much, if any, do you think any anti Japan issues play into Toyota slow sales? I'm asking because I've heard there is some anti Japan issues in China though I personally have no idea if true or to what extent. Thank you for your channel Sam ❤

[@davidk.d.7591]

China has been anti Japan since WW2. Didn't stop Japanese carmakers from thriving there. The decline is new and it's definitely because of EV's

[@dexlab7539]

Exactly right! The West is banging WAR DRUMS against Chinese…why would they buy German or Japanese cars

[@tren133]

Toyota, Honda, and Nissan, via their JVs have been selling upwards of 5 million cars a year, every year, for DECADES now in China, and it isn't like anti-Japanese sentiments just popped up in 2023. When Sino-Japanese relations become relatively tense over the years, Japanese brand car sales in China will go down a bit temporarily due to those political tensions, but Chinese consumers have largely been quite loyal to Japanese brands over the years, for the same reason Toyota et al sold well in other countries, e.g. their products are fuel efficient, not too expensive, and have a good reputation for reliability. So this recent dip is almost certainly not due to nationalism/political reasons. The Chinese car consumers have pivoted to EVs and PHEVs very very quickly, and the Chinese automakers (and Tesla) have pivoted equally quickly to offer them EVs to buy, while Toyota and the Japanese carmakers have not. Therefore consumers are voting with their wallets and stopped buying Toyotas.

[@jiangXS]

No, I am Chinese, and sales have been growing rapidly since BYD announced the permanent discontinuation of pure fuel vehicles in April last year, while the sharp decline in sales of Toyota, Nissan and Honda occurred in June last year, according to my observation，and bz4x is the object of ridicule, you can buy any brand of electric car in China is better than it，Toyota has no brand effect in the field of electric vehicles, even Mercedes-Benz, BMW and Audi

[@jimgraham6722]

There are still some Chinese alive who remember the Japanese invasion. The Japanese often treated the Chinese in the occupied areas with extreme cruelty. Unsurprisingly they haven't forgotten.

[@user-ty2uz4gb7v]

Doesn't ccp buy a bunch of china evs and them park them in a field to pad their production numbers?

[@jimanderson4444]

Good work Sam, so well you report the facts, I hate to see the Japanese struggle, they have done so well with ice. Jim

[@NeedSpeedRC]

Haha! This isn’t aging very well is it? Check the recent Toyota sales report.

[@christianmungo2342]

Wouldn’t touch an EV if you paid me

[@davidhudson4230]

The only car brand I will purchase is a Toyota. I will never buy an EV

[@imatalkin4358]

I’m glad Toyota is finally realizing people don’t want EV

[@bearvideostm6479]

People do want EV. Just not cr😮p ones

[@mlann2333]

Think you missed the point of the entire video..

[@paulholterhaus7084]

Kinda have that backwards, Don't You..??..........They now see EV is what the World wants.......Have You been living in the dark the past couple Years..????...............Paul

[@prawnshop4573]

Even hillbillies see through the ev scam 😂 good riddance 😊

[@thesw9k]

If I was a Toyota shareholder, I would be -really- upset with how they pissed away their market lead. Just mind boggling.

[@martintokinaga5261]

You should dump those shares.

[@jamessmith2668]

I think all auto makers are turning in to crap especially the ev market most evs are fire hazards. 🔥

[@tomquimby8669]

I thought the sea temperature around Japan was not that cold

[@Notme-tq4xs]

up north it is cold

[@blackknight4996]

@@Notme-tq4xs After pouring in the radioactive water and all the deformed dead seafood decomposing, it won't be that cold.

[@davidhumphries3614]

A few years ago Fully Charged put out a video saying that mandating electric cars by 2030 was a waste of time as essentially by then the vast majority of people would be buying EV’s. So it came to pass and companies which could not compete did not survive and went the way of Nokia, Xerox and many others.

[@MathiasLeth]

Give us numbers and statistics! 📊 Show us a graph that can back up your claims. If not your are just another guy telling us what you think. That will not age well

[@zoransarin5411]

If you haven't seen the numbers, graphs and statistics already, then that is your problem and not his. Do your own homework. The point he is making mirrors what many are saying. Yes it is an opinion, but it is an opinion based on data you can see in multiple sources. The basic one is that the world is transitioning to EVs and the biggets laggards (based on % of their total sales that are EV's) are the Japanese carmakers Toyota, Suzuki, Honda, Mitsubishi etc... Put simply, every EV sold is an ICE car not sold. Given Toyota is the worlds largest automaker, it stands to reason that they are the one most likely to lose sales as the number of EV sales grow worldwide, a business they are not in. It is not rocket science

[@MathiasLeth]

@@zoransarin5411 I’m only pointing out that showing some date adds to his credibility

[@MegaWilderness]

​@@zoransarin5411Watch Mark Mills for truth about data

[@zoransarin5411]

@@MathiasLeth unfortunately it is one of the Vikings weaknesses. He doesn’t use graphs or extracts from other sources very well. He tends to read them out and talk about them. When you make as many videos per day as he does, something has to give. Unfortunately it is the presentation which is lacking, because as they say “a picture speaks a thousand words”

[@BMWHP2]

$20.000 for a Toyota BZ4X . . . . . . In Netherlands that is the price for a Dacia Spring with a 120km range. Toyota is the "kodak and Betamax" of the 21 century. and about Texans , their ego is also bigger. 😁😁

[@janetrussell3288]

Surely this will be the year the Japanese car manufacturers, including Toyota, have to accept that car markets around the world are shifting to EVs.

[@stevepailet8258]

to little to late. will take toyota 4-5 years to make the turn around. They have to design then create EV plants

[@MartinMenge]

I suspect they are concentrating on markets in the global south where EV adoption will take at least a decade or two longer than in the industrialised (incl. China) world. This should give them time to catch up. But I think China will dominate in EVs for decades to come. There has been enduring efforts, facilitated by the state, to secure supply chains for battery supply. While the west has imposed sanctions on certain nations, especially in Africa, Chinese investors jumped on this to secure mineral rights, buy up mining operations and invest in infrastructure to facilitate beneficiation.

[@morbid747]

It's already too late as China car companies already own most of the patents for EV tech , controlled most production of Lithium , Graphite etc used in making car batteries.

[@stevepailet8258]

@@MartinMenge belt and road is not working for china.. they were basically buying diplomatic credit.. Most all countries who entered into these contracts are now in default. Some are even in bankruptcy Going to be interesting to see the fall out. China is beyond bankruptcy with all the provinces now basically bankrupt. All the private lending is causing many places to start layoff of civil workers. Add to this the collapse of industrial output due to the EU and the usa slowing there imports from china. Real unemployment is pegged at 50%. Going to be interesting seeing how the CCP handles this

[@MartinMenge]

@@stevepailet8258 I think you're reading too much into western media's wishful thinking. Belt and road is working very well and BRICS is well on their way to establishing a global trade network free of USD dominance.

[@bjornhelgason1879]

fiddlers on the deck playing

[@desertdan100]

I liked the Subaru model and style. I even seriously wanted one as was going to buy one. I am in the US and if they actual came down to 20,000.00 , I would have snatched one up. The range and misrepresented range gave me cause to wait and see. Then the wheels coming off made me reconsider. I liked the car when I saw it in person but it was not equal to it's Grandpa. The appeoach and departure angles were sub par. The underbelly ground clearance was not as good and the range was dismissal. In my area we loved the Subaru peoducts for Winter driving and light offroading. There was no way in hell the new EV version was going to be able to do what those that came before it could. They took a promising platform and ruined it.

[@kenlouey6906]

Don't worry, Toyota will make good hydrogen coffee machines.

[@MyUtubeScott]

Ok its obvious that CCP set up a process that was never going to allow foreign automakers succeed in China. But here in US, its just about impossible to purchase Toyota. Just the other day I was given a 8 - 10 month estimate for a vehicle to arrive. Yet I can stop at Tesla outlet and buy a car today. So what gives Sam?

[@kevinlin4895]

It's not obvious to Tesla.

[@jackzhi3172]

"its obvious that CCP set up a process that was never going to allow foreign automakers succeed in China" So Tesla is a Chinese company?

[@emikomina]

this dude straight up lying at this point 😂😂😂

[@rambo4war]

The Japanese have made the Prius/hybrids so perfect that they do not want to go down the EV road……who knows when they will take it seriously. Legacy tech, legacy auto…..

[@drewthompson7457]

I don't see oil companies shutting down yet. I believe ICE will be around for at least a few more decades. As of now, there is no EV that will suit my lifestyle. It will be interesting to see what present EV resale prices will be in a decade. I believe a n EV makes a good commuter car, but a small, cheap ICE plus fuel can be cheaper.

[@ChickensAndGardening]

reports of hybrid's death are greatly exaggerated... right now, the best technology is PHEV.

[@paulholterhaus7084]

Perfect..??...........Perfectly expensive................Paul

[@drewthompson7457]

@EnriqueThiele : My last commuter car I bought for $12,000. Fuel economy was good, 42 mpg in rush hour. It lasted 13 years. It was cheap to operate. I've seen articles, (how true?), that in some European countries, gas is cheaper than electricity for cars, not to mention buying an EV. EVs continue to improve. New "world changing" batteries a few times a week. Resale value on a 10 yr old EV? At this time, a PHEV would make sense for me, but none exist that will work for me. I could use electric for around town trips, and still be able to tow my boat to events 100s of miles away, with only short stops for fuel. No EV does this yet, and dropping off the trailer to use a charging station, then hooking up again doesn't sound as the convenient thing to do either. I saw an article on the Ford Lightning only going 85 miles between charges while towing, and they mentioned that charging stations aren't set up for trailers. I saw another Ford Lightning review that had the owners spend 14 hr charging from a 240 v clothes dryer outlet. I'll wait.

[@yulusleonard985]

@@drewthompson7457 The problem is not oil company, its the Oil. The war with Russia teach everyone that oil logistic actually very complicated. If you are American then you have less to worry than rest of the world since your government dont have problem to invade/bomb other countries just to keep you happy. For the rest, that not happening.

[@stevenjbernard]

Toyota has such a strong brand name in gas-powered cars, they might do better rebranding their electric car line under a different nameplate, as Volvo has done with Polestar and VW is doing with Xpeng. When I think Toyota, I think gasmobiles, not electric.

[@MrRetluocc]

EVs are great if you live somewhere warm, never tow anything, have access to charging at home, and don't care about resale value.

[@oystla]

need to tow? Buy Tesla X 😉

[@antoniocruz8083]

You mean like half of the world's population?

[@MrRetluocc]

@@antoniocruz8083 Yes. But not 100% like it is trying to be forced on.

[@Cant_prove_god]

Well that pretty much describes me and almost everyone I know, apart from not caring about resale value, which I dispute. Currently an ICE car loses about 30% of it’s value in the first two years…I don’t see EV’s being much different, and they will last a hell of a lot longer, with far less maintenance, and in my case, completely free cost of fuel (I have rooftop solar). It’s a no-brainer. Also, most families own at least two cars (like us). One is a work horse diesel truck for long trips and camping, the other is the city run-about that never goes more than 100 miles as a round trip…these latter vehicles will all be EV’s soon as there is virtually no cost to charge for many people, or at worst, 50% less running and ownership costs by charging from the grid.

[@MrRetluocc]

@@oystla - Tesla X can only tow 5000 lbs and - like all EVs - only gets about half it's normal range while towing. Sure EVs **can** tow, but they seriously suck at it.

[@Bob.W.]

The huge car carrier Fremantle Highway is burning out at this moment probably due to a lithium ion fire, although that is not certain yet. EV's were part of the cargo. At least one crewman is dead There doesn't seem to be a way to extinguish these kind of ship fires. I wonder if the insurance industry may start to limit coverage to LFP and sodium ion battery EV's after this one.

[@ricardobrown4878]

Remember the multistorey carpark fire in the UK that 'was caused by an EV'.......that wasnt. It was actually a Landrover. Lots of egg on anti EV faces then. Lets wait for the investigation.

[@biondanishgenomeinstitute8193]

Nah, the reason is the Chinese don't like the Japanese in recent years, and thus not their cars.

[@elmohead]

No it's because Japan missed the boat with EVs. They missed the boat with smart phones and now EVs.

[@zoransarin5411]

The Chinese are making a massive powerplay to take over much of the worldwide car market. They have been planning this for decades. They have hoovered up rare earth minerals. The refine 80% of the worlds lithium. They have 2 of the top 5 battery manufacturing companies. They have demanded for years that any automaker opening a factory in China must have a joint venture partner. That is they have learned and learned and learned. Then they played their best hand. They played the recalcitrant climate sceptic country and laggard. When the world thought they were sleeping, they ramped requirements for new energy vehicles in China. Slowly they are killing legacy automakers but their biggest target is to displace the Japanese, who they have a long history with, and not a good one. Read your history, this is not new or recent years. This is long term planning and execution coming together

[@bearvideostm6479]

​@@elmoheadboth I guess

[@elmohead]

@@bearvideostm6479 interestingly, in both cases, Japan had the first foot in (Nissan leaf, Prius for EVs and DoCoMo and Sony for phones) but fail to capitalise on them. Also, in both cases China filled the void.