its automobile companies decided to invest down the path of hydrogen
The Japanese government invested in hydrogen, with R&D grants. It was a huge fail.
Then, Toyota stockholders kicked out Toyoda because he said there was no market in EVs. He was right, Toyota is ruling sales with hybrids and PHEVs. Unlike Tesla, Toyoda needed Toyota to make money selling cars, not conning an investor cult.
The Japanese government invested in hydrogen, with R&D grants. It was a huge fail.
Then, Toyota stockholders kicked out Toyoda because he said there was no market in EVs. He was right, Toyota is ruling sales with hybrids and PHEVs. Unlike Tesla, Toyoda needed Toyota to make money selling cars, not conning an investor cult.