Comments by "serafina costa" (@serafinacosta7118) on "Velocity"
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Ford will be gone. GM will be SAIC, their bankroll. Ford has retreated from India , Brazil, China , Russia . Meaning no Ford Plants there anymore. They are stilling clinging to their teeth in Europe , and nowhere in Africa or Asia. And in North America , they are only making trucks and SUVs.
If there is an EV Company to give Tesla a run for its money , it is BYD., from China. They are taking over Ford’s last operating plant in Brazil.
Ford Motors Co has become a governmrnt subsidy whore , begging for handouts to stay put.
And in the US alone, they are faced with insurmountable pension liabilities , and the Ford Motors Red Carpet Leasing ticking time bomb.
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Toyota sells cars the world over. In places where charging stations are a pipe dream, and a long ways to come.
These captive brand customers couldn’t give a cow’s lick to EV vehicles. They rely on Toyota for their motoring needs, because Toyota makes above average reliable cars that are value priced. And they provide a decent gap in hybrids, that are just as reliable as their IC counterparts.
Places like Brazil are getting sizable investments in Hidrogen produduction. Which is precisely where Toyota is far ahead on clean next gen fuel cell technology.
So Toyota brass is on a wait and see as far as where clean vehicles will go. They have cash to play catch up if only EV is the only viable alternative. And besides , they already dabble on battery tech. And Matsushita is a Japanese company.
And let is not forget mining is an environmentally dirty business. Rare metals need to be dug out of pits , or brine , and pollute downstream water and water deposits.
Tesla can’t make a dent in emerging economies. And the Chinese car makers are getting a head start in these markets, and Europe.
So Elon can pout as much as he wants , hire a few “ influencers “ , yet at the end of the day , he is still full of it.
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