Earlier quoted context omitted.
in the australian market theres often comparison between how BYD/(chinese brands) may unseat Tesla (as the scale EV first mover), but I haven't seen what I think is the prize, which is BYD want to take on Toyota as the de facto king of global car making. They want the whole car market, not just EV and are already setup to take that on.
Especially as Toyota seems structurally unable to create a good EV. They produced one completely bare-bones model 30 years ago and never expanded past that. At least they're keeping some knowledge of the parts by having PHEVs, but I don't think they're on the leading edge of anything. Maybe they don't need to be and can buy everything from other suppliers, but they're going to be doing a whole lot less than they curr…
That is, the people who design engines and run the engines division have sufficient heft within the organization that they can prevent a good car being made that doesn't have an engine in it.
It's sort of worked out for them as they have a big niche in the taxi market, and other high milage users who've not taken the EV plunge yet. If you want the most efficient vehicle that still uses petrol, buy a Toyota.