Toyota Reveals WHY THEY WON’T Make More EVs

If you like this video, hit the like button! And subscribe because that really helps our channel! 👍🏽

Ever wondered why Toyota seems to be taking a cautious approach to electric vehicles? Join us we uncover the really SMART reasons behind Toyota's strategic decisions in the ever-evolving world of electric mobility.

Toyota, guided by the visionary Koji Sato, is embarking on a careful and calculated journey into the world of electric mobility. Their approach reflects a deep commitment to maintaining their legacy of innovation, quality, and sustainability.

The company announced a $35 billion investment in EVs in December 2021 along with an investment of equal size in hybrids and hydrogen fuel cell vehicles. As of early 2023, the company sells only one electric vehicle, the bZ4X, which it has only sold in small quantities. It has, however, said it is planning to release 30 EV models by 2030, which would be a quarter of the total number of models it currently makes.

Discover the insights that shape Toyota's unique perspective on electric vehicles and their vision for the future of automotive mobility.