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Toyota CEO Akio Toyoda talks about why he isn’t all-in on EVs — and what made him do a ‘happy dance’
CNBC ^

Posted on 10/02/2022 10:00:21 AM PDT by FarCenter

...

“For me, playing to win also means doing things differently. Doing things that others may question, but that we believe will put us in the winner’s circle the longest,” he said Wednesday during Toyota’s annual dealer meeting in Las Vegas, which, by the way, was called “Playing to Win.”

Toyoda, who described Toyota as a large department store, said the company’s goal “remains the same, pleasing the widest possible range of customers with the widest possible range of powertrains.” Those powertrains will include hybrids and plug-in hybrids like the Prius, hydrogen fuel cell vehicles like the Mirai and 15 all-electric battery models by 2025.

...

“Just like the free autonomous cars that we are all supposed to be driving by now, EVs are just going to take longer to become mainstream than media would like us to believe,” Toyoda said in a recording of the remarks to dealers shown to reporters. “In the meantime, you have many options for customers.”

Toyoda also believes there will be “tremendous shortages” of lithium and battery grade nickel in the next five to 10 years, leading to production and supply chain problems.

...

Since the Prius launched in 1997, Toyota says it has sold more than 20 million electrified vehicles worldwide. The company says those sales have avoided 160 million tons of CO2 emissions, which is the equivalent to the impact of 5.5 million all-electric battery vehicles.

“Toyota can produce eight 40-mile plug-in hybrids for every one 320-mile battery electric vehicle and save up to eight times the carbon emitted into the atmosphere,” according to prepared remarks for Toyoda provided to media.

(Excerpt) Read more at cnbc.com ...


TOPICS:
KEYWORDS: automotive; boxofrocks; cnbc; cnbchatesmusk; coal; denselypopulated; elonmusk; fuelcells; hybrids; hydrogen; japan; lithium; moron; msnbc; nbc; nickel; nobrainscollectively; putinlovertrollsonfr; putinsbuttboys; putinworshippers; spacex; starlink; tesla; toyota; tropes; twofaced; whyishenotbanned; whyishestillhere; youaskedforit; zottherussiantrolls
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1 posted on 10/02/2022 10:00:21 AM PDT by FarCenter
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To: FarCenter

Are there any non-coal-driven power sources for these EVs?


2 posted on 10/02/2022 10:09:18 AM PDT by KierkegaardMAN (I never engage in a battle of wits with an unarmed man.)
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To: FarCenter

This is why Toyota is the top automaker in the world....the listen to their customers, their dealers and their suppliers.


3 posted on 10/02/2022 10:14:34 AM PDT by Erik Latranyi (We are being manipulated by forces that most do not see)
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To: FarCenter

Toyota is seriously winning me over. The Morse code Easter egg on the Tundra and Sequoia really spoke to me...this is a company that wants to build ‘badass trucks’ and they are literally the ONLY one that seems to want to do that. Everyone else is looking to force people towards pie-in-the-sky BS and Toyota is trying to do things for their customers. My next vehicle will be a Toyota and hopefully they put that hybrid turbo 6 in a 4-Runner so I can have a baddass SUV that’s almost as quick as my V8 Pathfinder.


4 posted on 10/02/2022 10:19:08 AM PDT by perfect_rovian_storm
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To: FarCenter

at last! an auto maker with some common sense who doesn’t spin with the ever changing eco winds


5 posted on 10/02/2022 10:19:33 AM PDT by llevrok (Pronouns: Me/myself/& I)
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To: Erik Latranyi

Toyota is not encumbered by the leftist UAW ....


6 posted on 10/02/2022 10:20:42 AM PDT by SecondAmendment (This just proves my latest theory ... LEFTISTS RUIN EVERYTHING !!!)
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To: Erik Latranyi

Western auto makers will be forced to slow their headlong rush to switch to EVs. B/c of public preferences, charging waits that sour prospective buyers and supply issues.


7 posted on 10/02/2022 10:23:59 AM PDT by citizen (Thieves of private property pass their lives in chains; thieves of public prop. in riches and luxury)
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To: Erik Latranyi

Toyota total sales have been falling worldwide over the past few years, even as Tesla’s sales kept rising fast.


8 posted on 10/02/2022 10:24:01 AM PDT by SmokingJoe ( )
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To: FarCenter

Toyota is playing the long game. They see what many of us see. The climate cultists are putting the cart about 20 miles ahead of the horse then expecting the horse to move the cart.

Silly cultists; reality doesn’t work that way!

The battery technology needed and energy infrastructure demands are both decades away from becoming real. One day this transition will happen but it can’t be rushed. It has to happen slowly and organically. Not pushed like a fat mouse through a pencil sized hole. In both scenarios you end up with a hot mess that needs to be cleaned up.


9 posted on 10/02/2022 10:24:17 AM PDT by Boomer ( What's the difference between Nazi Germany in 1932 and the USA in 2022? 5k miles and 90 years.)
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To: citizen

See post # 8


10 posted on 10/02/2022 10:25:28 AM PDT by SmokingJoe ( )
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To: SmokingJoe

https://www.goodcarbadcar.net/toyota-us-sales-figures/


11 posted on 10/02/2022 10:26:55 AM PDT by Jeff Chandler (THE ISSUE IS NEVER THE ISSUE. THE REVOLUTION IS THE ISSUE.)
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To: FarCenter

Toota’s Cars are probably the BEST of both worlds — THE HYBRID.

I’ve been driving a Toyota Prius since 2010 and never had a problem with it. Gives me 50 miles per gallon on average and takes only a fraction of the price to fuel compared to a pure ICE car.


12 posted on 10/02/2022 10:27:06 AM PDT by SeekAndFind
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To: SmokingJoe

Let me know when your convenience store clerk and burger flipper buys a Tesla.


13 posted on 10/02/2022 10:27:09 AM PDT by citizen (Thieves of private property pass their lives in chains; thieves of public prop. in riches and luxury)
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To: FarCenter

Later.


14 posted on 10/02/2022 10:28:35 AM PDT by wjcsux (RIP Rush Limbaugh 12 Jan 1951- 17 Feb 2021. We really miss you. 😢)
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To: SmokingJoe; Erik Latranyi

RE:Toyota total sales have been falling worldwide over the past few years, even as Tesla’s sales kept rising fast.

Of course, with the help of government mandates left and right ( including newly passed laws from California and New York which FORCES car sellers to ONLY sell electric vehicles by 2035 OR ELSE... ).

But I’d like to see them compete head on via the free market without government using its powers to favor one over the other.


15 posted on 10/02/2022 10:30:15 AM PDT by SeekAndFind
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To: SeekAndFind

My cousin has had the same performance with his Prius. He has had to buy a refurbhshed battery for $1700...and then purchased battery replacement insurance foe $30-something/month.


16 posted on 10/02/2022 10:30:33 AM PDT by citizen (Thieves of private property pass their lives in chains; thieves of public prop. in riches and luxury)
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To: SeekAndFind

I’ve risen in a couple of Prius (afraid of pluralizing that noun) and they all seem to be small and chintzy cracker boxes. I’m 6’2 and need a vehicle with some room and my wife does not like expensive cars nor chintzy cars.


17 posted on 10/02/2022 10:30:35 AM PDT by KC Burke (If all the world is a stage, I would like to request my lighting be adjusted.)
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To: KC Burke

RE: I’m 6’2 and need a vehicle with some room and my wife does not like expensive cars nor chintzy cars.

Toyota has hybrid Camrys and other larger vehicles as well.

And they are relatively affordable vs All Electric Vehicles.


18 posted on 10/02/2022 10:32:09 AM PDT by SeekAndFind
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To: FarCenter
those sales have avoided 160 million tons of CO2 emissions

1) Bullsnot. Most of that electricity was generated by burning coal and methane.

2) I couldn't possibly care less anyway. Anthropogenic 'climate change' is a lie.

19 posted on 10/02/2022 10:36:01 AM PDT by NorthMountain (... the right of the peopIe to keep and bear arms shall not be infringed)
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To: SeekAndFind

Tesla stopped getting EV subsidies in the US coupla years ago, and they still control close to 70% of the US EV market.


20 posted on 10/02/2022 10:38:57 AM PDT by SmokingJoe ( )
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