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Friday, September 24, 2021

Akio would not change - continue building internal combustion and/or hybrid cars ather than shifting to EVs

New ideas create better quality of life and wealth






Akio Toyota the Chairman CEO of Toyota Motors, one of the largest car manufacturers in the world opposes the  Japanese govt plan to slash carbon emissions by transistioing to EV vehicles   He also heads the Japanese Automobile Manufacturer's Assocition.

He says that it is a big mistake since that means loss of exports of 8 million vehicles and  loss of 5.5 million jobs.   He sees their current investments in fuel cells and/or hybrid vehicles  and that the world is not ready for EV.  (The author likeness to the late response of Blackberry to Android)

Aside from Tesla, a number of American car manufacturers have shifted to EVs, so with VW and other German car manufacturers.   Scores of Chinese car manufacturers are into EVs











The author sees the greater risk as heating the earth too much that would kill the citizens.   

Do you think Toyota would adapt or just be like the dinosaurs or the rest of companies that died by not adapting   Even Shell does not see itself to be in fossil fuel industry in the next 30 years (hence its heavy investment in wind mills)

Innovation in the memorial business

New ideas create better quality of life and wealth

Am focused on the  memorial business, our bread and butter for survival

Certain innovations are lined up:

    1.   Cremation -  targeting northern Luzon for cremation if the pandemic continues;

         Coverage

         Having Western Pangasinan bubble                      population 1.3 m
         Having Eastern Pangasian Population bubble       population 1.1 million
         IN bubble                                                               population 1.2 million
         Mindoro bubble                                                     population  1.5 million
         Panay bubble                                                          populatin   4.0 million

                                                                           Market potential   11.0 million
                                                                          Estd death rate          .50,000 

        Can we capture 10%   or 5,000 x 30,000 =  150,000 000

        This requires investment of say P40.00 million.   Quite a lot of return.

     2.  Service features:     food for the  family
     3.  Catering and funeral service for distinguished family
     4.  Metal urns.  

   2.  Interment

      1.  Dove release
      2.  Butterfly release

   3.  Memorial Park

     1.  Lighting and or lighted fountain
     2.  Solar street lamps
     3.  Solar power for crematorium