MZDAF - Toyota: New ICE Plants In The U.S. And Ghana Flat Footed On BEV Release
- The ICE cars to be manufactured in two new facilities are those targeted by new BEV startups.
- Toyota’s TNGA platform and Dynamic Force Engines represent massive investment in a future with ICE.
- Toyota/Subaru first BEV bZ4X release in 2022 by Toyota in China and Europe. Subaru has a more aggressive sales program in US, Canada, Europe, Japan, China for its Solterra.
- Looking at investments by Toyota and the new plants it is building suggests the past rather than the future, meaning caution is warranted for investors.
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Toyota: New ICE Plants In The U.S. And Ghana, Flat Footed On BEV Release