Part 6/8:
As destiny would have it, both Honda and Toyota have leaned heavily into hybrid technologies rather than fully committing to EVs. Honda's hybrid vehicles have seen a resurgence, capturing nearly 22% of their US sales in 2024. However, Honda's transition to full electric models remains sluggish, highlighted by their , which generated only marginal sales relative to the company's overall output.
Likewise, Toyota has cited barriers to EV manufacturing, such as resource scarcity for battery production and a lack of public charging infrastructure. While there's merit in these concerns, the rapid evolution of the EV market raises questions about their viability in the long term.