I was surprised to read the headline because this is going in a different direction than most car companies. For example, VW, Ford, GM, and others have been axing electric vehicles that they started selling a few years ago. They discovered that most people who wanted EVs had already purchased them, and the rest of the market wasn't interested enough to pay the price premium.
Then I read the key quote and realized that Toyota isn't transforming the Corolla into an electric vehicle. They're simply going to offer an electric option. That's much less of an interesting headline, which explains why it wasn't chosen.
> “Whether it’s a battery EV, plug-in hybrid, hybrid, or internal combustion engine vehicle―whatever the power source―let’s make good-looking cars that everyone will want to drive!” Toyota’s CEO said at the Japan Mobility Show.
It axed the F150 Lightning. They might have later announced that they're going to bring it back as an EREV (pretty much PHEV), but that seemed like a separate decision. If it were the same decision, they would have announced it at the time of the cancellation announcement, to make it seem more like a pivot.
That’s actually old news they just announced the Ford Fathom, which is all electric and supposedly significantly cheaper than even the base model lightning.
Well, when they announced the Ford 150 Lightning, it was supposedly going to be quite inexpensive as well. Of course, by the time it actually came out, it was 2x or 3x the price that they had originally announced.
I wasn't referring to the price hikes on the base model, which increased the price by 50%, to $60k. I was referring to the fact that, at first, they were fulfilling the high-end trims, which were even much more expensive than that. I know some people get a good deal on it, but it was pretty illusory to say they were going to sell for under $40k.
apparent · · focus · HN ↗
Then I read the key quote and realized that Toyota isn't transforming the Corolla into an electric vehicle. They're simply going to offer an electric option. That's much less of an interesting headline, which explains why it wasn't chosen.
> “Whether it’s a battery EV, plug-in hybrid, hybrid, or internal combustion engine vehicle―whatever the power source―let’s make good-looking cars that everyone will want to drive!” Toyota’s CEO said at the Japan Mobility Show.
dyauspitr · · focus · HN ↗
apparent · · focus · HN ↗
dyauspitr · · focus · HN ↗
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rootusrootus · · focus · HN ↗
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