Toyoda: overrated electric cars, damage to the environment and sector doomed to collapse

Source: HW Upgrade added 18th Dec 2020

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Declarations in contrast to the direction taken from the market come from Akio Toyoda, president of Toyota Motor Corporation

of Rosario Grasso published , at 11: 11 in the Technology channel

Toyota

A press conference that was covered by all the newspapers in the world: the president of the group Toyota , Akio Toyoda , has in no way hidden its perplexities towards the emerging market of electric cars . He talked about “excessive hype” and has declared that “electric vehicles are overrated” . Of the utterances in open contrast to the recent efforts of car manufacturers, firmly committed to the transition to electric.

Toyoda, who is currently the president of Toyota Motor Corporation and grandson of the company founder, Kiichiro Toyoda , criticizes the proponents of electric mobility because, in its way of seeing things, they do not consider the environmental impacts linked to the transition to electricity. Electricity generation increases carbon dioxide emissions and leads to social costs not indifferent.

According to the president of Toyota, a pioneering country like Japan would not currently be able to support a mass transition to electric mobility, and would soon face a blackout. According to Toyoda, investments would be needed between 14. 000 and 37. 000 billion yen (165 – 438 billions of euros) to adapt the Japanese electricity grid to be able to support the full transition to electric mobility.

“The more electric vehicles we produce, the more carbon dioxide emissions increase” said Toyoda, who expects considerable damage to the environment linked to the emergence of the electric car market. “If the transition is as fast as it seems, the whole system will collapse and we will lose many jobs” added, referring to the Japanese government’s decision to to ban all endothermic vehicles by 2035 .

The declarations of Toyoda are certainly relevant, and absolutely reasonable. At the same time, it is clear that an executive of a huge car manufacturer like Toyota is interested in selling for a long time the cars of previous technology that have required investments over time for development and production in scale, while too sudden government restrictions could harm. to the strategic and productive organization of the houses.