Thursday, March 25, 2021

Once Again "Toyota warns rivals' gasoline engine phase-out goals must overcome huge challenges"

As Congress holds today's hearings to determine whether Google is indeed evil, I'm reminded of  another hearing last week.

From Reuters, March 16:

A senior Toyota executive will express skepticism before U.S. senators Tuesday about aspirations by rival automakers to phase out gasoline-powered vehicles, saying those goals must overcome many obstacles.

Robert Wimmer, director of Energy & Environmental Research at Toyota Motor North America, will testify at a Senate Energy and Natural Resources Committee hearing.

“If we are to make dramatic progress in electrification, it will require overcoming tremendous challenges, including refueling infrastructure, battery availability, consumer acceptance and affordability,” he will say according to an advance copy of his remarks.

He will say that while rivals have made aspirational statements, less than 2% of vehicles sold in the U.S. last year were battery electric. He will also note it took Toyota 20 years to sell more than 4 million U.S. gasoline-electric hybrid vehicles....



January 24

Just A Reminder, Toyota's President Says Electric Vehicles Are 'Overhyped' (TM; TSLA)

Sure they are talking their book. But they are also right.