2/ So Toyota unveiled 15 BEV models today (finally) that it plans to sell before 2030. Toyota wasted too much time and money on FCEV technology over the years, so the world's largest automaker has been scrambling to get on board with BEVs in the last 2.5 years.

— Taylor Ogan (@TaylorOgan) December 14, 2021

4/...and Toyota & Subaru formed a JV in 2019 to co-develop a dedicated BEV platform, called e-TNGA platform, and an electric SUV to be sold under each company's brand. This will be Toyota's first BEV.

— Taylor Ogan (@TaylorOgan) December 14, 2021

6/ BYD changed the game when it unveiled Blade battery in March 2020. As @bridgemccarthy_ notes, BYD & Toyota were agreed to establish a 50/50 JV for BEV R&D in November 2019, just a few months before Blade was unveiled. https://t.co/Yg4KkuMKmI

— Taylor Ogan (@TaylorOgan) December 14, 2021

8/ After Blade was unsheathed to the world and Toyota's team in BTET realized that Blade could electrify its lineup faster than any other partner, it likely dedicated more resources to BYD (BTET) and less to its own platform with Subaru

— Taylor Ogan (@TaylorOgan) December 14, 2021

10/ BYD's e-platform 3.0 is likely what inspired Toyota to commit to 15 BEV models; the modularity of BYD's breakthrough plug-n-play "skateboard" platform was perfect for Toyota. https://t.co/o7GThNqsAm

— Taylor Ogan (@TaylorOgan) December 14, 2021

12/ While it isn't confirmed that all bZ models will sit atop e-platform 3.0, it wouldn't make sense for them NOT to. It's a perfect win-win for Toyota & BYD. Toyota gets to survive the EV transition, and BYD gets a major first customer for e-platform 3.0. https://t.co/j2bYptYD3b

— Taylor Ogan (@TaylorOgan) December 14, 2021