Macquarie's Hong on Toyota outlook

The video discusses the significant structural changes in the global automotive industry, focusing on electrification, software-defined vehicles, and autonomous driving. It highlights Toyota's slow transition to electric vehicles due to its hybrid focus and shared platform issues. The leadership challenges within Toyota, particularly with Mr. Sato's role, are examined. The video also explores the future of auto manufacturing in Asia, emphasizing China's growing export capabilities and the need for supply chain localization amid geopolitical challenges.

What are the implications of the shift towards software-defined vehicles for traditional automakers like Toyota?

What specific changes need to be made to Toyota's EV platform to enhance its competitiveness?

How do geopolitical factors affect the automotive supply chain, particularly in relation to China?