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Retrieved on: 2024-02-18 21:02:36
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Summary
The article compares the electric vehicle (EV) industry strategies and market performance of Tesla and Toyota, highlighting Tesla's share growth and market cap despite fewer revenues compared to Toyota. It elaborates on the potential of hybrids as a transitional technology and discusses Toyota's investment in solid-state batteries as a possible future for EVs. The key concept of hydrogen is briefly mentioned as another potential technology. The tags relate to the broader context of EV market players and industry dynamics, including Tesla’s prominence, Toyota's strategic positioning, and the overall shift towards electrification in the automotive sector.
Article found on: markets.businessinsider.com
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