Thread by @JimHarris

I got my Prius in 2004. The car cost $30,000 but over the 17 years I owned it, it saved me $35,000 in fuel costs (compared to my prior #auto)

I was a BIG fan. Now I'm a big Toyota critic

#automotive #disruption #disruptiveinnovation #CES2023 #WEF23 #COP27 #climate #EV

From Leader to Laggard
Toyota has sold ~5M globally. Sales peaked in 2010 at 500,000 units

For the last few years Toyota has been campaigning against EVs. Why? 1) Because it's far behind in the #tech; 2) It's working to promote hybrids

#disruption #ElectricVehicle #CES2023

I've gone from being a major fan of Toyota to a major critic

Toyota has chosen to be on the wrong side of history. EVs outsold hybrids for the first time in 2021

Toyota has gone from darling to villain for environmentalists

#COP27 #EV #ClimateCrisis #climate #CES2023 #WEF23

Instead Toyota has been promoting the sales of hydrogen cars globally to delay the adoption of EVs.

Cumulative Global Car Sales by Dec 31, 2022:
Hydrogen 60,000

EVs: 25,000,000+

That's a 417X difference!

#disruption #auto #automotive #CES2023 #COP27 #Transportation

The global EV fleet is set to top 25 million in 2022

With China driving the market. More than 50% of all EV sales are in China

#disruption #auto #automotive #EV #climate #CES2023 #WEF23 #ClimateAction

EV sales have been exploding globally.

They haven't been growing in a linear fashion, they've been growing exponentially

#auto #automotive #EV #climate

Electric #Car Adoption Soars Above Expert Predictions

No #auto analyst predicted the rapid rise of EVs

Boston Consulting Group & other analysts have had to annually revise ⬆️projections for #EV sales in 2030. BCG's estimate is 2X ⬆️now than in 2018!

#future #futurist #CES2023

In China 26% of all new car sales were fully electric in Sept 2022 & 35% had a plug (this includes plug in hybrids)

China is the largest car market globally. Here's the data for 2021. China = markets 2+3+4

#auto #automotive #disurption #disruptive #innovation #CES2023 #WEF23

Tesla predicts it will be selling 20 million EVs a year by 2030

& 40 million EVs a year by 2040

#auto #automotive #future #futurist #disruption #disruptive #disruptiveinnovation #transportation #CES2023 #WEF23

Many experts don't believe EV adoption will overtake gas car sales soon, because they don't think that EVs will be cheaper than gas cars soon

The best selling EV in China that you've never heard of: The Wuling Hongguang Mini EV

Image via @Wired

#disruption #CES2023 #innovation

EVs Cut Oil Demand Globally by 1.5 million barrels/day

Electrified 2 & 3 wheelers: Mopeds, scooters & motorcycles (predominantly in Asia) displaced 1 million barrels/day in 2021

Data via BloombergNEF & image via @protocol

#climate #ClimateAction #CES2023 #COP27 #MWC23 #EV