Finally, someone who gets it… and of course, he’s not from a “woke” US company. The head of Toyota is telling everyone to pump the brakes over electric cars. He says that the “silent majority” is not ready to go all “electric,” and that politicians are pushing an “absolute” that most people don’t want.
Wall Street Journal reported that Toyota Motor Corp. President Akio Toyoda said he is among the auto industry’s silent majority in questioning whether electric vehicles should be pursued exclusively, comments that reflect a growing uneasiness about how quickly car companies can transition.
Automakers are making big bets on fully electric vehicles, investments that have been bolstered by robust demand for the limited numbers of models that are now available.
Still, challenges are mounting—particularly in securing parts and raw materials for batteries—and concerns have emerged in some pockets of the car business about the speed to which buyers will make the shift, especially as EV prices have soared this year.
“People involved in the auto industry are largely a silent majority,” Mr. Toyoda said to reporters during a visit to Thailand. “That silent majority is wondering whether EVs are really OK to have as a single option. But they think it’s the trend so they can’t speak out loudly.”
While major rivals, including General Motors Co. and Honda Motor Co., have set dates for when their lineups will be all-EV, Toyota has stuck to a strategy of investing in a diverse lineup of vehicles that includes hydrogen-powered cars and hybrids, which combine batteries with gas engines.
The world’s biggest automaker has said it sees hybrids, a technology it invented with the debut of the Toyota Prius in the 1990s, as an important option when EVs remain expensive and charging infrastructure is still being built out in many parts of the world. It is also developing zero-emission vehicles powered by hydrogen.
“Because the right answer is still unclear, we shouldn’t limit ourselves to just one option,” Mr. Toyoda said.
He goes on to say that he’s tried to convince industry stakeholders of this for years, but they don’t listen, and it’s tiring to try and get them to come around…
I don’t blame him for being exhausted… it’s infuriating to have something like this shoved down your throat by bureaucrats and political elites who are working hard to make their donors and themselves richer, and nothing else.
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