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Toyota to invest $1.3B in Kentucky factory to build battery packs and new EV

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Re: Toyota to invest $1.3B in Kentucky factory to build battery packs and new EV

#251

Post by rootusrootus »

davemp wrote: post #250
rootusrootus wrote: post #243

Earlier quoted context omitted.

You know this in February? The real point is that Tesla has been driving prices lower than other manufacturers are willing to stomach, and that resistance to price matching shows up as cars sitting on lots.

I was looking at Hyundai’s Ioniq 6, but at $38k you get less HP and meaningful/comfort features than my 2015 v6 accord that I bought in 2018 for $19k (now worth $18k). I only drive like 3-6k miles/yr anyways. tbf the car market seems to have out stripped baseline inflation in general though.

My neighbor drives an EV and his fuel savings are about $1300/month. He drives a lot.

Re: Toyota to invest $1.3B in Kentucky factory to build battery packs and new EV

#252

Post by coderenegade »

calfuris wrote: post #184
sndean wrote: post #62

Earlier quoted context omitted.

OP continuing to drive a 20-year-old car (of any kind, not just a hybrid) is likely more environmentally friendly than buying a new car every few years. They're doing the reduce part of "reduce, reuse, recycle." A long-lasting, low-maintenance hybrid has a good argument for being very environmentally friendly.

Combustion-powered vehicles are something of an exception, because only a small fraction of their pollution is associated with their creation. Buying a new car every few years probably isn't optimal, but operating an ICE vehicle for decades probably isn't optimal either.

In Brazil, cars run on ethanol. Emissions associated with combustion of the fuel are zero. It's not the ICE bit that's a problem, it's the fossil fuel part.

Re: Toyota to invest $1.3B in Kentucky factory to build battery packs and new EV

#253

Post by wafflerewire »

repler wrote: post #191
brandonagr2 wrote: post #27

Earlier quoted context omitted.

What about Toyota's plans makes you think they will ever catch up to everyone else with EVs?

Test drive a RAV4 Prime. All it needs is more battery capacity, which apparently they are indeed investing in.

RAV4 Prime owner here. I completely agree with wanting more battery capacity. For my use case, it has been a minor complaint. Been very happy overall with it.

Re: Toyota to invest $1.3B in Kentucky factory to build battery packs and new EV

#254

Post by katbyte »

riku_iki wrote: post #204
katbyte wrote: post #200

Earlier quoted context omitted.

If it’s anything like Canada it still allows for hybrid. Banning everything but BEV will never happen because Bev will never work for a small subset of users

they have similar law in Canada: https://www.cbc.ca/news/politics/canada-electric-vehicles-20... .

That’s literally the one I was talking about, it will still permit hybrid and there is no requirement for everything to be a BEV

Re: Toyota to invest $1.3B in Kentucky factory to build battery packs and new EV

#255

Post by ThunderSizzle »

KennyBlanken wrote: post #212
belltaco wrote: post #181

Earlier quoted context omitted.

At least Hyundai hasn't been faking emissions tests like Toyota. https://www.reuters.com/business/autos-transportation/commit... Not to mention spending a lot on lobbying against clean air regulations aroun the world https://thedriven.io/2023/05/11/toyota-under-fire-for-anti-c...

Not to mention campaigning hard against EVs, complete with anti-EV propaganda in the form of kids' stories distributed to schools: https://electrek.co/2021/11/11/how-toyota-sneakily-spreads-a...

They can campaign against EVs, and their propaganda isn't any worse than the pro-EV propaganda that's circled around, most of which ignore very inconvenient facts around the cost-value of EVs. Given that, I have no problem with Toyota being anti-EVs and handing out information on why they are.

Re: Toyota to invest $1.3B in Kentucky factory to build battery packs and new EV

#256

Post by riku_iki »

katbyte wrote: post #254
riku_iki wrote: post #204

Earlier quoted context omitted.

they have similar law in Canada: https://www.cbc.ca/news/politics/canada-electric-vehicles-20... .

That’s literally the one I was talking about, it will still permit hybrid and there is no requirement for everything to be a BEV

> it will still permit hybrid

article says plugin hybrid, not just hybrid, which is kinda loophole.

Re: Toyota to invest $1.3B in Kentucky factory to build battery packs and new EV

#257

Post by ThunderSizzle »

michaelmrose wrote: post #219
anonu wrote: post #193

Earlier quoted context omitted.

Savannah and Brunswick are huge car export ports because many manufacturing facilities are spread out between South Carolina and Georgia: Volvo, Mercedes, BMW, Honda, KIA to name a few. These ports are also the largest on the Eastern seaboard of the US. So access to shipping is probably one of the main reasons. Also major demographic shifts to the Southeastern part of the US help supply the labor pool. Georgia and So…

[flagged]

> 73% of white people voted for Trump

Are you counting the black people that didn't vote Biden as white? After all, if you don't vote Biden, then you ain't black.

Get over yourself. You aren't any better than all those deplorable your mocking.

Re: Toyota to invest $1.3B in Kentucky factory to build battery packs and new EV

#258

Post by katbyte »

riku_iki wrote: post #256
katbyte wrote: post #254

Earlier quoted context omitted.

That’s literally the one I was talking about, it will still permit hybrid and there is no requirement for everything to be a BEV

> it will still permit hybrid article says plugin hybrid, not just hybrid, which is kinda loophole.

a hybrid is still a hybrid that you can just keep filling up with gas and never plug-in.

Re: Toyota to invest $1.3B in Kentucky factory to build battery packs and new EV

#259

Post by MuffinFlavored »

rootusrootus wrote: post #241
ThinkBeat wrote: post #194

This is of course mostly due to the giant US subsidies the federal government is offering citizens now, but the EV must be "built" in the US (Which has some loopholes and strange definitions in it) I dont quite understand why the sales of EVs in the US is considered to have flattened out according to some statistics.

> I dont quite understand why the sales of EVs in the US is considered to have flattened out according to some statistics. Politics. Some people want it to be true, so they conflate an easing of the growth rate as an actual rate reduction. It could also be innocent ignorance of statistics. The real hang up with EVs right now is primarily price. They're just reaching the point where TCO is a wash. Historically, most p…

> But for those who can access sub-10 cent per kWh pricing

I think you need a blend of solar for that

https://www.energybot.com/electricity-rates/

The cheapest in the country is $0.1122/kWh in Utah. The average is $0.17/kWh

Re: Toyota to invest $1.3B in Kentucky factory to build battery packs and new EV

#260

Post by chii »

mikeyouse wrote: post #152
mjamesaustin wrote: post #108

Earlier quoted context omitted.

What makes me think they can't catch up is watching them spend dramatically less than their competition on the needed infrastructure when they are already very far behind. To catch up from behind, you need to do more than your competition.

This is an article about a single factory - Toyota spends upwards of $30 billion a year in CapEx -- Tesla spends under $10 billion per year. Toyota's battery complex in North Carolina is a greater spend than the entire annual budget from Tesla and will have about the same output as Tesla's "gigafactory". The $1.3 billion in Kentucky is in addition to that.. it's a mistake to think they're not investing heavily. https…

I would imagine the catch up is not in the form of a factory, but with raw material supply chain.

Tesla would've locked in cheaper lithium supply than toyota.

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