Toyota Motor leadership: Total electric vehicle transition is not possible within the policy time frame

Toyota Motor leadership: Total electric vehicle transition is not possible within the policy time fr

The largest car manufacturer in the world, Toyota Motor Corporation, by a strange coincidence, was both the main supporter of hybrid power plants and one of the skeptics about the rate of expansion of battery electric vehicles.

Director General Akio Toyoda addressed the press in Las Vegas at the end of last month, once again addressing the issue of fleet migration to cleaner energy sources. Last year, again, Toyota announced the intention to spend $28 billion by 2030 on the production of 30 new models of electric vehicles. The amount does not seem to be large, against the backdrop of the efforts of some competitors — the same Ford Motor has allocated an entire $50 billion to the electrification of its models by 2026. The General Motors Corporation has set a goal of eliminating the use of DVS by 2035, and the same time frame is set by legislative initiatives by many American States; for example, in California and New York, registration of new vehicles with internal combustion engines will be prohibited by 2035.

According to Akio Toyoda, neither the economy nor the infrastructure are ready for this rate of electrification. Battery electric vehicles are too expensive and not very practical, and the development of a network of charging stations lags far behind the plans of car manufacturers to increase the volume of electric vehicle production. It is the lack of charging infrastructure that forces Toyota to adopt a conservative approach in planning the evolution of its vehicles.

Akio Toyoda added that the Toyota strategy is to migrate to clean energy sources by offering the widest choice of types of power plants. The company has been promoting hybrids for 25 years, and its contribution to improving the environmental performance of transport should not be underestimated. In addition to expanding the range of battery electric vehicles, Toyota will continue to offer hybrids from DVC, hydrogen fuel cell machines and traditional fossil fuel transport. The transition to electric vehicles, according to Toyota's strong belief, will take longer than the media are trying to force us.