31 days ago • Posted by William Ramstein

Toyota tops net income expected earnings for 2021

Putting Tesla aside for a second, the top three net earners are Toyota, Volkswagen, Daimler. Today, large car makers are starting to get into batteries and software in an attempt to go fully digital. Batteries are looking like the most challenging part as the EV component is in high demand, and hard to control in the current supply chain environment still hindered by pandemic measures. Toyota and Volkswagen are building up their own software companies to address some of the production costs.  

Source: WSJ