The US is roughly 30% of the world’s car spending, and if Toyota made a car only for the rest of the world, it would be more expensive than a competitor’s platform which is sold in EV and non-EV forms everywhere. An EV is still more expensive than the equivalent ICE and it would be even more expensive if it doesn’t share a platform.

An EV built on a dedicated platform doesn’t become more profitable than the shared platform version until it sells about two million copies. That’s because it costs $1B more in fixed costs for a dedicated EV manufacturing setup. If that car isn’t going to sell that many, it’s not worth making dedicated. In Europe EVs are still outsold by ICE 4 to 1. Even if I did sell two million copies, all you have done is recouped your $1B, not made any more profit than if you did the shared platform.

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motionlessveloc an hour ago | parent [-]

The cheapest car available in Australia is now an EV, and it's an EV-only platform.

https://thedriven.io/2026/09/16/australias-cheapest-new-car-...

	▲	7e 24 minutes ago \| parent [-]
		That’s because that car is made in China and has already sold 1.45 million copies, many heavily subsidized elsewhere. So it has recouped its development costs. EVs are simpler and cheaper on a per-unit basis, only the development costs are more expensive. And BYD uses the same platform for a bunch of other subsidized EVs, too.