Is Toyota Making a HUGE Mistake?

Why sticking with hybrids could hurt one of the world's largest automakers. Get Surfshark VPN at https://surfshark.deals/NEWSTHINK - enter promo code NEWSTHINK for 85% off and 3 extra months for free!

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Special thanks to the following for permission to use their material:
4:02 First generation RAV4 EV courtesy of Grumpy Monkey Garage on YouTube: https://www.youtube.com/watch?v=mEo2631sB-g&t=102s

The interviews and footage aired in the story constitute Fair Use for news reporting purposes. Other elements were purchased by Newsthink Ltd. or fall under a creative commons license in which re-use is allowed.

Thumbnail source:
Original image sourced from: Michael Rivera, CC BY-SA 4.0 https://creativecommons.org/licenses/by-sa/4.0 via Wikimedia Commons. Edited by Newsthink

Image sources:
3:14 運転太郎, CC BY 3.0 https://creativecommons.org/licenses/by/3.0 via Wikimedia Commons
4:17 Image from Alamy
4:22 Mariordo - Mario Roberto Durán Ortiz, CC BY-SA 3.0 https://creativecommons.org/licenses/by-sa/3.0 via Wikimedia Commons
4:26 Mariordo - Mario Roberto Durán Ortiz, CC BY-SA 3.0 https://creativecommons.org/licenses/by-sa/3.0 via Wikimedia Commons

Articles and interviews referenced:
2:00 McKinsey study https://www.mckinsey.com/pe/~/media/McKinsey/Industries/Automotive%20and%20Assembly/Our%20Insights/The%20potential%20impact%20of%20electric%20vehicles%20on%20global%20energy%20systems/The-potential-impact-of-electric-vehicles-on-global-energy-systems-vF.pdf
3:29 The Washington Post article https://www.washingtonpost.com/business/2021/10/13/electric-vehicles-grid-upgrade/
5:09 Bureau of Transportation Statistics https://www.bts.gov/content/gasoline-hybrid-and-electric-vehicle-sales#:~:text=Hybrid%20vehicle%20sales%20began%20in,light%20vehicle%20market%20in%202021