Business-wise, I say yes, its stance is smart.
An aging Japan offers little market; Europe’s not big on them; the US market is still fickle, and sprawled Chinese cities, like many US ones, need an electric with more battery life.
This, though, is NOT good business sense: Akio Toyoda, Toyota’s new president, is a big backer of fuel-cell cars. Hydrogen power is just as much “just around the corner” as is peaceful nuclear fusion.
Toyota needs to be careful it doesn’t become the new “old GM.”
No comments:
Post a Comment
Your comments are appreciated, as is at least a modicum of politeness.
Comments are moderated, so yours may not appear immediately.
Due to various forms of spamming, comments with professional websites, not your personal website or blog, may be rejected.