Since when does the company
Since when does the company with the best hybrid technology have to follow Tesla? The smartest thing Toyota can do until 2030 is expand the Prime family. They'll be able to make 4 times as many big-battery PHEV's with their limited battery supply. And when the demand for PHEV's has been met, Toyota can ease into the EV market. So what if a few EV companies sell more EV's than Toyota for 5 years or so? Toyota will be selling plenty of electrified vehicles and profiting from them as they develop solid-state batteries for EV's and dig deeper into the hydrogen space, which will mostly benefit the transportation industry. If solid-state batteries are expensive and difficult to produce at first, they'd be better off in PHEV's and high-end EV's until the cost and production problems are solved.