Toyota President says “People Are Finally Seeing Reality” of Electric Cars

Toyota President says “People Are Finally Seeing Reality” of Electric Cars

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#toyota #akiotoyoda #president #evs ##bz4x #evnews

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[mickzed]

He has a point. Like it or not, Toyota is smashing it with Hybrid sales.

[jrkamuela]

The best Electric Vehicles are the only ones people want to purchase!

[windsolarupnorth]

Many countries in Europe, Germany amongs others have just dropped the subsidiaries for EV buyers. EV sales dropped 35% in Germany in september, Tesla sales dropped 57%.
BEV is a limited market and will stay that way.

[johnditoro]

When you don't have a competitive entry in the race you downplay the race.

[garymillerjr]

Toyota is absolutely correct to take their time

[jasontran]

1/3 of Tesla buyers in the US are former Toyota owners. They have waited for a good Toyota EVs for too long

[Hurricanemarty]

Toyota sales are up to 2.4 million units and profits are up 24%, double from last year

[xiaoka]

Except the power supply is getting cleaner by the day. Batteries are getting cleaner and more recyclable by the day. The hybrid by definition can’t be cleaner than an EV.

[Pierluigi_Di_Lorenzo]

As long as people living in the cities (i. e. in apartments) with their cars parked on random spots on the street below, and small EVs are not affordable, EV sales will continue to decline.

[peterswatton]

I'd like an EV but am concerned about range, crash damage, battery fires and a possible insurance problem because of fire. Will stick with my old petrol vehicle for a while yet.

[adampaclt]

I had Model 3 for for almost a year and had to gave it away.. somehow that car transformed me from being user to being slave.. slave of chargers and weather (cold winters..). I just bought Lexus LS500. ICE hybrid vehicle.. but I feel in charge :) Electric cars needs time to evolve 5-10 years and not just cars but also infrastructure. We should not trash the idea of hydrogen… for some use cases, it seems to be great solution. One way or another, market will decide.

[swanvictor]

"My son, this is a great trade for you, will give you a career for life: People will Always Need Horses and we Blacksmiths are essential!" - hundreds of thousands of people, 1910...

[scottbrown]

As more people gain experience with EV’s the limitations of the vehicle type will become much clearer for buyers.
The delays in creating a robust charging infrastructure are already becoming visible to the consumer. The cost of getting a rapid charge to something close to 100 percent is going above $70 in California, if you are able to find a rapid charger that is available or functional.
The market value of used EV’s that are not a Tesla is absolutely brutal. Brutal to the point that you are going to lose 50 percent of your purchase cost on a Ford MachE if you want to sell it! And then you will find out that many dealerships will not purchase your MachE or accept it as a trade in on something else. THAT is a very bad omen for the future value of used EV’s

[ZZ-duef]

Slowing sales of YOUR EVs doesn't mean that the segment is contracting. It means something completly different.

[mafpw]

I love electric vehicles, but the best thing we all can do is complete ignore anything the World Health Organization says. They are just puppets of the super rich.

[tombrandt]

Toyota is simply trying to stall EVs until they can catch up. I'll bet they are working hard on EV tech behind the scenes.

[jakedank]

Even with rapid EV growth, roughly 94% of new vehicles sold in the U.S. in 2022 had a gas tank in the back and a combustion engine up front. This is the EV Decade, but the market is a long way from becoming an EV market.

[jindrichhlusinsky]

Until now, sales of EVs are tragedy. In Czech republic 3%, in Germany in 9/2023 only 14, 1%.
The reason, ICE Golf costs €20 800 versus EV ID.3 €40 000. We do not have subsidy for EVs.
So because poor sales, prices of EVs have to go down.
I am fan of EVs, but it needs time.

[FrunkensteinVonZipperneck]

“saving face” is not limited to Asian cultures. Mary Frunkin’ Barra does it EVery time she speaks - “Absolutely!”

[williamelkington]

The transition to BEVs is just beginning. It will drive a significant change in the automotive industry. Hard to know what that industry will look like 10 years from now. Predictions are hard, especially about the future.