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RE: Daily Crypto Markets Live Blog: Hive Takes A Hit (01/09/21)

in LeoFinance2 years ago

Toyota may have the same troubles as other manufacturer's of EVs, but Toyota as the management and the corporate culture to innovate through them.

Toyota also has a wealth of experience with EVs thanks to its Prius line of vehicles going back to the early days of Family Guy.

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True but they have a decades ingrained manufacturing culture that was leading the automobile industry. The "Toyota Way" was in place for decades.

Can they quickly shift?

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If the "Toyota Way" has been successful for Toyota, why bother shifting? Project Management paradigms such as can be just as useful for handling new conditions.

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Because the Toyota was was adopted by all the automakers and they are operating at a snails pace compared to Tesla.

That company is now invoking a way where dozens of changes are made in a week. With Toyota, and the rest of the industry, changes in design take a year or two.

Sandy Munro does excellent videos on this subject. He is an old engineer who worked at Ford so he can really speak to the contrast in speed from a Tesla compared to the others.

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