> You can bet that once the battery technology becomes cheap enough to stuff into cars with Corolla price tags, Toyota will be doing it, and they will be the #1 seller of EV's in terms of sales volume.
Maybe. But you are assuming the cost of battery technology will be the same for everyone. Currently it seems like Tesla is about 3-5 years ahead of everyone in terms of price & performance. What happens if/ when[1] Tesla launches an EV at Corolla prices and Toyota is still waiting for battery prices to come down?
I think it's far more likely at this point that Tesla will have a $25k EV in the next 5 years than Toyota.
In the situation (Tesla and others) looks not a big problem for other manufacturers because Tesla can't fill all EV demands and not all people (especially outside US) like Tesla.
Maybe. But you are assuming the cost of battery technology will be the same for everyone. Currently it seems like Tesla is about 3-5 years ahead of everyone in terms of price & performance. What happens if/ when[1] Tesla launches an EV at Corolla prices and Toyota is still waiting for battery prices to come down?
I think it's far more likely at this point that Tesla will have a $25k EV in the next 5 years than Toyota.