Toyota's CEO and upper management seemed to be oddly fixated on hydrogen powered cars for a very long time. I think it was just in the last 2-3 years where they finally gave up and started looking at BEVs.

▲

kopirgan 9 hours ago | parent [-]

If it's not like those rare earth ( or watch movement saga with Swatch) that China will simply refuse to supply to other OEM, old car makers like Ford, Toyota with brand image and solid engg in rest of car making can just buy. Maybe that's their thinking?

Bonus if there's leap frog tech that obsolete all the CATL investments..

	▲	epistasis an hour ago \| parent [-]
		Those false supply chain concerns really only work within the right wing US political milieu. "Rare earth" with batteries really only works with the Republican set of propaganda. I'm sure Toyota management has their own set of false beliefs about supply concerns, or perhaps about competitive edges, or perhaps about biases towards fluid fuels.