I don't get it either.  According to Exxon-Mobil, we have until around
2040, maybe a bit longer, until the world wide liquid supply of crude oil
peaks.  All Toyota has to do is to view the worldwide sales of EVs on
InsideEVs Sales charts to realize there is a market for EVs.  Not sure what
their rationale is for their comment.  Prime sales are similar to Volt
sales in volume and GM just said they are cancelling Volt production but
keeping the Bolt.

Tesla is going great guns and are looking to produce an electric pickup
truck.  A number of electric pickups are in pre-production such as from
Bollinger and Rivian.

Almost all of the auto manufacturers are saying they are switching to
producing nothing but electrics during the next two decades. There is
always the good chance that EV sales continue to climb and the price of
gasoline drops to $0.50 a gallon.  Then Toyota ICE sales might pick up and
they cancel production of the Prius and their other hybrids???



On Thu, Dec 13, 2018 at 2:02 PM EVDL Administrator via EV <ev@lists.evdl.org>
wrote:

> [Shrug] Their loss.
>
> In 1973, when the Mideast oil cartel shut the petroleum spigot down to a
> trickle, owners of 13mpg US-made land yachts were putting their names on
> waiting lists to buy 30mpg small cars.
>
> But it wasn't GM and Ford dealers that were collecting their "additional
> dealer markup," hundreds of dollars over sticker price.  They didn't have
> small, fuel-efficient cars that anybody wanted to buy.  Chevy Vegas?  Ford
> Pintos?  No thanks.
>
> It was Japanese automakers' dealers who won that round.  Toyota Corollas,
> Datsun B210s, and Honda Civics got prepped with such high-profit extras as
> $250 radios, $70 floor mats, and $90 mud flaps, and then they flew out the
> shop doors.  They never even saw the lot.
>
> Next time gasoline gets scarce, depending on how sensible GM is, it might
> be
> GM dealers poaching EV customers from Toyota.  That would be ironic.
>
> However, I think it's more likely that the next beneficiary of a US (or
> worldwide) fuel crunch will be BYD, Geely, and other Chinese automakers.
> I
> expect that they'll be the ones unloading cargo ships full of EVs on these
> shores.
>
> David Roden - Akron, Ohio, USA
> EVDL Administrator
>
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