it can’t be much of a step up to dump a petrol engine, fit a bigger battery/motor combo, and bingo, a fully electric Prius/Auris/Corolla
I presume then you think that Musk's multibillion dollar investment was a waste of time when he could have bought an old Toyota Corolla and stuck some Duracell in it?
Is it
just possible that it's not quite that simple? That Tesla is now worth north of 600 billion dollars, suggests that it's a little trickier than you imagine. Tesla started developing electric cars for the mass market in 2010. They now have 13 years of experience, data and knowledge with cars on the road for 11 years.
VW have announced an investment of 180 billion Euros in an EV platforms going forward. They started developing their EV platform in 2016 and it took 4 years before one reached the market in 2020.
Mercedes are doing the same, investing 40 billion euros in EV development. They started developing their EV platform in 2016 and it took 3 years before one reached the market in 2019.
Toyota invested nothing until the end of 2021 when they announced an investment for 35 billion dollars. They don't have a successful EV on the market, and it may be several years before they do. In that time, they will have fallen further behind their rivals.
In spite of those timeline delays, Toyota doesn’t plan on ramping up bZ4x production until 2025. Perhaps counterintuitively, the auto manufacturer now plans to
halt its current EV projects and reboot its overall strategy in the sector, looking to cut production costs and seek inspiration from Tesla’s approach to manufacturing. Still, that may be welcome news to those who hope that Toyota will pursue
more aggressive EV-manufacturing targets than it had planned previously—even though the corporation
still hasn’t committed to
phasing out its gas fleet before midcentury, as
other major carmakers have