Earlier quoted context omitted.
> they no longer have the engineering prowess to compete That's not nearly the case. They have made one of best EVs back in years, but decided to focus on hybrids. And that makes total sense.
To compete in EV, one has to compete also in battery manufacturing. Increasingly Japan is unable to keep up with China and even Korean manufacturers. Panasonic is still in the race due to their decades lead, but its market is largely shrinking. Once China took over batteries, it would have been unlikely for Japan to take the EV market, just like Sony. Same with most American EV manufacturers who are unable to compete…
I hate to be a luddite, but they also don't need to be pioneers to succeed here. They need cars that meet their customers needs, just like not every ICE car needs to have an F1 racing engine in it.