slipping byjust over 20%. as you said, having to slash that global production target to 8.5 million, it had to cut the target last year as well because of exactly the same reason, the chip shortage, the really starting to affect the performance of toyota as well. it is dealing with a pandemic and the chip shortage but what other challenges are facing toyota currently? is toyota currently? is interesting - toyota currently? is interesting that toyota has been announcing is electric vehicle strategies lately because the company has long focused on hybrids instead of ev, and they are still very popular in some of the emerging markets but as we know, electric cars have been gaining popularity and are being promoted in some of its biggest markets like china, the us and now europe. toyota is having to play catch up in the ev market, especially as it tries to retain the title as the worlds best selling carmaker. ==