Toyota Chairman HAD ENOUGH & REJECTS EVs Future!
Akio Toyota the former CEO and current chairman of the world’s largest car maker is widely recognized as one of the biggest rebels in the automotive world or as he likes to say a member of the silent majority of car makers who are dubious over the immediate future of EVS
Why well he doesn’t think that EVS are the future of the automotive industry at least not the only one as most governments tend to impose and with most administrations blindly following this uniform approach to zero emissions it doesn’t surprise that Toyota’s chairman has had enough and questions the EV
Market future want to know why here are the reasons number six there’s not enough lithium one of the reasons why Toyota seems so skeptical about electric cars is the fact that e require a lot of rare earth metals to be made among them lithium seems to be the most problematic
Considering it’s the most common chemical element used in battery production and with the further increase of EV production it’s pretty obvious that will eventually come to the point where it won’t be enough lithium for everyone lithium reserves are limited but that’s not even the the biggest problem another big issue is the weight
Its mind which is something that completely devastates the environment finally let’s not forget that most of this precious chemical element is produced and controlled by China which means that Western automakers will always be in an inferior position in terms of resources and production cost but even if we skip this geopolitical
Aspect we can talk about the Practical side of lithium ion batteries and their impact of the environment for example we can refer to Gil Pratt Toyota’s Chief scientist and his team who concluded that it makes way more sense to spread a limited supply of lithium among as many
Cars as possible they took a 100 vehicle Fleet as an example with average emissions of 250 g of carbon dioxide per kilometer traveled where the limited amount of lithium allows just 100 kwatt hours to be made so instead of using lithium to make one 100 KW battery it’s
Way more efficient to make 90 hybrid cars because it’s way better to have 90 hybrids against 10 gas only cars than just one fully electric car against 99 gasped Vehicles the overall gas emissions would be significantly lower with all those hybrids than just one electric car according to Pratt’s
Estimation it would drop to 205 G with all those hybrids while with only one EV the initial 250 g per kilm would drop by no more than 1.5 G number five Eevee’s put in danger 5.5 million workers it’s an industry that produces around 10 million Vehicles every year and exports
Around half of them the automotive industry is certainly one of the pillars of Japanese economy and according to Toyota radical electrification would cost millions of workers to lose their jobs Toyota is not happy with the way the Japanese government pursues carbon neutrality radical eveve transition would negatively impact the manufacturing industry and Toyota
Pointed out the fact that Japan is a heavily export Reliant country for such a country Toyota says carbon neutrality is T to mount to an issue of employment for Japan to protect the jobs and lives of Japanese people I think it’s necessary to bring our future in line
With our efforts so far experts predict Japan will be producing 8 million vehicles per year with combustion engines including BS and hybrids so according to Toyota this means that production of more than 8 million units would be lost and the automotive industry could risk losing the majority
Of 5.5 million jobs if they say internal combustion engines are the enemy we would not be able to produce almost any Vehicles instead Toyota strongly believes that maintaining hybrids on the market is essential because reducing carbon dioxide emissions must be based on practical and sustainable in iives that are in line with different
Situations in different parts of the world number four Toyota is developing Next Generation internal combustion engine Toyota has always been convinced that battery electric vehicles aren’t the only path to carbon neutrality that was once again confirmed at the recent Tokyo Auto Salon where Toyota announced that the development of Next Generation
Internal combustion engines is on the way and that new technology will significantly contribute to carbon neutrality the Japanese automaker demonstrated its commitment to the feature of combustion engines by displaying the updated version of the exciting Toyota Gris with the updated version of the three-cylinder engine along with a 300 horsepower Lexus LBX
Marito concept While most car makers are already deep into battery electric vehicles Toyota insists that battery electric vehicles aren’t the only path to carbon neutrality he pointed out the importance of refining engine technology while Toyota hasn’t announced any details of the new internal combustion engine technology experts suggest that
The new generation of engines could be code developed with Mazda another company that doesn’t see EVS as the only path to a Greener future we presume that these new technologies would involve higher compression along with leaner burning Technologies also the company confirmed its plans for its hydrogen combustion engine which is expected to
Debut by 2027 at the World Endurance Championship number three Toyota has been lobbying against EVS it’s no secret that Toyota has always been against EVS as we’re talking about a genuine petrol head it’s hard to find that surprising in the Japanese giant has always been against radical transition and insisted
On a diverse approach to the green agenda that’s why it doesn’t surprise that the Japanese company has even been lobbying against EVS last July Toyota’s Executives met with Congressional leaders behind closed doors to Advocate against the plans of Biden’s Administration to spend billions on various incentives to speed up the shift
To electric cars on the other hand Toyota is officially committed to massive electrification as it recently confirmed it’ll build a new Factory that’ll produce batteries for electric hybrid vehicles an investment that’s worth $1.29 billion and will ensure 1,750 new jobs with that in mind it doesn’t surprised that many think that
Toyota has been undermining EVS for multiple reasons of course one of them would be Toyota’s beliefs in different approaches to minimizing carbon emissions but this also raises suspicion that Toyota’s goal was actually to slow down the eveve transition so it could have enough time to catch up with rival
Companies who haven’t been wasting time on hydrogen and other utopian ideas as experts like to say number two Two Toyota insists on diverse approach even though Toyota doesn’t fancy electric cars he’s still a businessman and with that said it’s clear that Toyota isn’t against EVS moreover a company that
Produces over 10 million cars every year expects to sell up to 1.5 million EVS annually in the near future but unlike some other companies such as Ford and GM who took a uniform approach and decided to focus on EVS Toyota is persistent with its diverse approach which includes
The production of all kinds of vehicles of different shapes and sizes this means that Toyota will continue to develop other Technologies and besides battery electric cars it’ll explore all the possibilities of hydrogen fuel cell Vehicles as well as those that are powered by internal combustion engines that burn hydrogen for now the focus
Remains on hybrids and plug-in hybrids in other words Toyota is taking electrification with way more caution than some of its Rivals we all know how ambitious those plans announced by Ford and GM officials were eventually it turned out that they were overly optimistic and so those companies are
Now facing a massive massive reality check which made them push out billions of dollars and postpone various EV Investments GM already announced delays of its new electric pickups as well as its new electric Drive Unit while the blue oval company has postponed 12 billion of EV Investments meanwhile with
Its diverse approach Toyota will be ready for every scenario number one consumers will decide customers not regulations or politics should make that decision those are the words Toyota recently said for Toyota times referring to today’s situation in the industry where governments are pushing EVS hard while the average customer is suffering
According to Toyota customers don’t want full electrification for obvious reasons Toyota even doubts that Eves will ever reach 30% of the global market share he believes that internal combustion cars both gas only and hybrids will continue to dominate the market the reasons are numerous and the current slowdown of the
EV market growth only confirms that Toyota was right customers aren’t ready for full electrification for several reasons and it’s not just about car enthusiasts from the perspective of an average driver issues are numerous e are more expensive less convenient and less reliable than IC cars also there are not enough Chargers around insurance
Premiums are much higher and the depreciation rate is so high that the used EV Market almost doesn’t exist and we haven’t even come to the developing countries where electrification brings way more serious challenges in many parts of the world the grid is so bad that there’s no way it can support
Electrification while the majority of the world population simply cannot afford EVS Toyota made an excellent point by asking a question how could EVS be the future when a billion people on earth have no electricity no one has an answer to that thanks for watching and see you next time
Toyota Chairman HAD ENOUGH & REJECTS EVs Future! Some people say that EVs are the trend of the future, but are they really the best choice for our planet? Toyota Chairman Akio Toyoda has a different perspective, and he is not scared to share it and reveal the truth about electric vehicles.The biggest automaker in the world is going against electric vehicles. In this video, we will reveal what he said about the EV market, and why Toyota CEO thinks Toyota has a smarter solution. You will be amazed by his bold insights, and you will learn something new about the future of ev cars. What are the political leaders hiding about EVs?
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