The Real Reason Toyota Won’t Switch To EV

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The New Toyota CEO hasn't even officially started yet, but he is already making huge news. He reconfirmed the Toyota News that instead of pure BEVs, the company plans to offer a range of options, from hybrids and plug-ins to fuel cells and some pure EVs. Why is Toyota sticking to this diversified approach, and how will it affect its position in the global market? In this video, we analyze the real reason behind Toyota’s decision and what that means for the future of the Japanese car giant and the industry.
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As an all Toyota owner, I now have even more respect for Toyota.

Kimberly-thhi
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I believe if any car company steps 20 years back and manufacture the simpliest car with absolute minimum electronics they will win a huge market for themselves.

charlesloko
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After 230, 000 miles, my 2003 Toyota Tacoma pre-runner 2WD IS STILL GOING STRONG! EVs will never catch up to it.

GoreTorn
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My Acura Integra had over 450 000 km on it when I sold it. It was still running great, no burning oil no leaking, solid gearbox. Probably still running.

maxpower
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I can say this for myself, I’m not ready for an EV and if it’s for gas mileage, a hybrid makes a lot more sense than an EV

Dude
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Government: Power grids are struggling all over the country. Quick, let's try to make everyone use way more electricity!

robertcopter
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As a Toyota 4runner owner, this makes me very glad to hear. Toyota has even more of my respect to go a different way. I'd much rather own a Hydrogen powered vehicle down the road. Otherwise, I'm sticking to conventional fuel motor.

OculusVector
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From Vancouver Canada, I live in an apartment, strata hired an electrician to look at our underground parking to install chargers for EV. Was told our 20 yr old building wiring cannot handle extra electrical demand. So nobody in our building with 42 units can buy an EV. Currently our building has 1 plug in hybrid and if someone else plug in a pressure washer or something, it will blow a fuse and half the underground lights will go out. Toyota is smart for not going full EV yet. I just bought a 2023 Toyota Corolla LE Hybrid AWD, the perfect car for now.

philtag
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Australia’s highest selling vehicle last year was Toyota hilux 4x4 over 20% of sales. They know their market.

rowdytriesstuff
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I fully trust toyota in letting the customer decide, the world has gone nuts with these crazy ev targets

kevinfernandez
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While EVs have the potential to be more sustainable, it’s important to consider the entire lifecycle of a vehicle and the energy sources used to charge it and produce its batteries. I believe Toyota is taking a responsible approach to our environmental well-being and acknowledging the impact of manufacturing on our planet. In the past, people used to keep their cars for as long as they ran.

gilbertocharpentier
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They are smart. Not saying they won't make evs, just saying they will make both and let the consumer decide. Either way they win

howebrad
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I happen to work at a Toyota plant in Canada where we build gas and hybrid models. I believe they are making a great decision. Although they can’t publicly say it because of geopolitics, their leadership knows that the EV narrative, along with its lofty goals, is most likely not achievable

iansbackisichi
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I own an EV (almost 8 years now). But I neither love nor hate them. They serve a purpose, and in the right situation, they can be quite economical, but they are definitely not for everyone. I didn't buy mine to save the planet, I bought it to save money, and it has, and it continues to do so. But ONLY because it works for my situation.

mb_a
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I own a 2015 Toyota Avalon, very smooth yet powerful. I love that car. Especially since 2015 is considered a good year for the Avalon. I would never ever give up this car for an EV. I plan on keeping my Avalon for 30 years which is not a surprising statement considering Toyota builds the finest vehicles in the world.

AedraFineArts
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My first Asian car was a new Toyota CORONA, one of the best cars I ever owned. My brother was so impressed with my Corona, he went out and bought a Toyota Crown. Two of the best cars we ever owned!

henrythompson
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Governments that attempt to 'Force' the market in one direction or another always miss both the unintended consequences, and fail to grasp that customers want what they want, not what government tells them to want.

frankmueller
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As the world transist to EV and other alternatives to fuel powered vehicle, Toyota might have a long term strategy not following hype but looking at the numbers critically. Nice video by the way

marolife
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Toyota is number one in Finland as well. I'm just hoping they will not go the way of overpricing their cars and aiming for the high end market. That would be a huge mistake and kill their market share.
I don't want to get an EV for many of the reasons mentioned on this video and I'm glad to hear my favorite car manufacturer also has a clear head amidst this EV hype.

mutkaluikkunen
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I just became a Toyota fan. It’s good to see such a large company make such a well thought out and measured decision. The customer should make the final decision, not the media and the globalists.

terrycostakis
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