Quote:
Originally Posted by whatnext
Honda and Toyota operations in North America are doing just fine. Decoupling will make Chinese cars irrelevant in the West.
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North America isn't 'the West', and it's not as important as it once was to global vehicle manufacturers. Honda still seem to be committed to full electrification of the brand, although they're starting from a long way back in comparison to other brands. Toyota isn't on the same page, and they have to move fast to remain relevant in the US or Canada, assuming the California requirements for 100% sales of EVs or PHEVs stays in effect. That's an eighth of US vehicle registrations. And Colorado, Connecticut, Delaware, Maine, Maryland, Massachusetts, New Jersey, New York, Oregon, Pennsylvania, Rhode Island, Vermont, Virginia, Washington, and Washington D.C. follow where California leads.
Meanwhile if Chinese vehicle manufacturers continue to innovate and expand production into Europe, Asia and Central and Southern America they could take a huge chunk out of legacy manufacturers markets, and profits.
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