Earlier quoted context omitted.
I'm still in the camp that they did not in fact miss the boat on EVs. We, globally, are still very far off until EV adoption and probably better off focusing on more important things versus directly on EVs. Also Toyota was pioneer in EVs and I think you've discounted that if you're really looked at it on a bigger view of things
I agree. I have a 2013 Prius C that cost me $20K brand new and gets 50mpg without even trying. My fuel expenses are negligible. The new 2023 Prius gets even better milage and has TWICE the horsepower (99 vs 196). Before the Prius I had a 2000 Lexus ES with 200HP and I got about 17MPG. The advancement in ~20 years is incredible. Gas savings alone covered more than half of my loan payments each month.
Pretty much every 90s compact was putting down similar power numbers and got 80% the fuel economy...