Spot on, mate.
Toyota tried for a long time to defy shareholder pressure to embrace BEVs. The Prius was such a massive success for Toyota that they wanted to keep going with the hybrids - thinking they would gradually start producing a wider range of BEVs from 2025 onwards. But, the market didn't wait for them. Customers ultimately decided what they wanted - hence the rise of Telsa and others. Europeans have embraced EVs. Japan and the U.S. are playing catch up, but are shifting a greater chunk of production towards green cars. Akio Toyoda saw the writing on the wall and will step down as Toyota's CEO on 1 April - passing the baton to the next gen to drive Toyota's EV strategy.
Like any market, customer requirements will be broad and a range of battery chemistry will be needed to cater for differing customer needs. Everyone I have spoken with who works in this area says exactly the same. Innovation needs sleep, but it takes time to commercially scale new technologies. For the rest of this decade, the majority of battery production will be either LFP or NCM - along with a few other minor chems.
Spot on, mate. Toyota tried for a long time to defy shareholder...
Add JRV (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.8¢ |
Change
0.001(5.88%) |
Mkt cap ! $48.65M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.9¢ | 1.7¢ | $146.6K | 8.202M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 36930 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 6018638 | 11 |
View Market Depth
| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
|
|||||
|
Last
1.7¢ |
Change
0.001 ( 0.00 %) |
||||
| Open | High | Low | Volume | ||
| 1.8¢ | 1.9¢ | 1.7¢ | 1903037 | ||
| Last updated 15.56pm 21/05/2024 ? | |||||
| JRV (ASX) Chart |