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To: Sobieski at Kahlenberg Mtn.

Toyota Warns (Again) About Electrifying All Autos. Is Anyone Listening?

https://pjmedia.com/culture/bryan-preston/2021/03/19/toyota-warns-again-about-electrifying-all-autos-is-anyone-listening-n1433674?

Excerpt:

When Toyota offers an opinion on the car market, it’s probably worth listening to. This week, Toyota reiterated an opinion it has offered before. That opinion is straightforward: The world is not yet ready to support a fully electric auto fleet.

Toyota’s head of energy and environmental research Robert Wimmer testified before the Senate this week, and said: “If we are to make dramatic progress in electrification, it will require overcoming tremendous challenges, including refueling infrastructure, battery availability, consumer acceptance, and affordability.”

Wimmer’s remarks come on the heels of GM’s announcement that it will phase out all gas internal combustion engines (ICE) by 2035. Other manufacturers, including Mini, have followed suit with similar announcements.

Tellingly, both Toyota and Honda have so far declined to make any such promises.

***

GM management once again showing they have forgotten the market they are in. Guess in the future will have to buy/drive Toyota or Honda.


1,771 posted on 03/20/2021 9:38:37 AM PDT by Sobieski at Kahlenberg Mtn. (All along the watchtower fortune favors the bold.)
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To: All

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1,780 posted on 03/20/2021 10:01:11 AM PDT by bitt (America is the Home of the Brave, not the regime of the silenced.)
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To: Sobieski at Kahlenberg Mtn.

All conundrums associated with General Motors can be reconciled if you accept as fact that their business strategy is to lose money and market share as efficiently as possible.


1,914 posted on 03/20/2021 5:11:43 PM PDT by Axenolith (WWG1WGA!!!!)
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