“China 'Saved' Oil From Exploding Higher, Here's How That Could Reverse | Shaun Rein”
Toyota likely exits the China market within 5 years unless it rapidly adopts NEVs.
uh some haven't been able to do it very well which is why you see companies like Nissan, Toyota, General Motors, Ford are almost out of the China market.
I'd be surprised if uh Toyota is still in China in 5 years if they don't adopt NEVs very quickly.