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Hybrid blues: China policies force Toyota into electric U-turn#stockbroker

Hybrid blues: China policies force Toyota into electric U-turn#stockbroker | Stockbroker | Scoop.it
The automotive industry's seemingly inexorable drive towards electric cars - and especially Chinese polices pushing new energy vehicles - has forced Toyota Motor Corp (7203.T), the world's No.2 automaker by sales, into what one executive calls an "agonizing" strategy U-turn.
Edu King Priest's insight:

"Until recently, Toyota was one of the industry's major hold-outs against full electrification, and planned to more or less skip all-electric battery cars and turn instead to hydrogen as a mainstream alternative to gasoline-fueled cars."

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