Title: "[Toyota Financial Results Analysis] Trump tariffs and intensifying competition in China / Can Toyota beat BYD in the EV market in the future? / "Toyota's Second Quarter Financial Results for the Fiscal Year Ending March 2026" A thorough comparison with China's BYD"
H0ngcom thinks, yes, it can! If Toyota can release EVs with solid-state batteries as Toyota plans, then BYD is the next Kodak/Nokia immediately!
Solid-state batteries seem to be the game changers, making EV battery packs safer, less expensive, and longer life. But BYD seems to be sticking with its battery innovation.
By the brand and the brand's nationality: Many people around the world have always believed in Toyota and Japanese cars.
There are many people that still don't want EVs yet. When EVs are widely accepted and become really normal things like the fuel cars today, they may considering EVs. At that time, Toyota EVs are already available. I'm sure car-conservative people aren't buy a Chinese one because legacy car brands are available.
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