In this episode of 'Q in Charge,' we delve into Toyota's unexpected strategy shift, where they've cut their 2023 EV sales forecast by almost 40%. We analyze the factors driving this decision, including intense EV price wars in China. We explore whether Toyota's focus on Hybrid Electric Vehicles (HEVs) is a sustainable strategy amidst the global shift towards electric vehicles. We also examine broader industry trends, as major automakers delay their EV investments, and listener comments raise questions about the competitive advantage of early EV adoption. Join us as we dissect the challenges and opportunities in the ever-evolving automotive landscape.