In the US, just ahead of the end of the federal EV tax credit, at least two electric models will be discontinued. Honda will cease production of the Acura
Tbf, hydrogen makes the most sense for japan. Being an island nation, being reliant on access to rare earth metals for your transportation infrastructure is a bad idea. Though, why couldnt they invest in ev tech outside of japan… thats is a good question.
Toyota is a Japanese company, but they operate globally. How they can completely ignore such a big market transformation is beyond me. Same with American auto.
I think Toyota dragged the industry in Japan towards hydrogen, which left them on the back foot when Korea and China went for battery.
Tbf, hydrogen makes the most sense for japan. Being an island nation, being reliant on access to rare earth metals for your transportation infrastructure is a bad idea. Though, why couldnt they invest in ev tech outside of japan… thats is a good question.
Toyota is a Japanese company, but they operate globally. How they can completely ignore such a big market transformation is beyond me. Same with American auto.