And, a recent tour of one of the Asian powerhouse’s vehicle plants has proved this beyond a shadow of a doubt, at least to Honda President and CEO Toshihiro Mibe.
“We have no chance against this,” Mibe said upon a visit to a Shanghai parts factory, commenting on its seamless automation across all levels of production. Logistics, procurement and all aspects of the process were so automated, in fact, that he did not spot a single human worker on the supplier’s floor.
Ford executives saying even three years ago that China was way ahead of the game
Toyota’s CEO has likewise said regarding not just his company, but the industry in general, “unless things change, we will not survive”
Compared to everything else on the market it had big problems with reliability, range, charging speed, and it was overpriced.
I think everyone expected that Toyota, with its hybrid experience and the benefits of seeing all other EVs on the market wouldn’t make such a poor attempt. It felt like they were poisoning the well, as if not wanting to compete in the EV space in the first place.