Toyota has scrapped plans for widespread manufacturing and sale of a new mini-car that was to be powered as electric only. Reuters reports that Toyota stated they “had misread the market and the ability of still emerging battery technology to meet consumer demands.” We would all be a lot better off, if Only Barack Obama and Harry Reid had the same amount of guts as Toyota to admit to making gross errors in judgment. Takeshi Uchiyamada, the engineer who oversees vehicle development as Vice Chairman of Toyota, was frank in stating, “two years later, there are many difficulties.” Takeshi is...