Toyota Throws Cold Water on E-Mobility Utopia
Toyota, the world’s number-one maker of motor vehicles and the first to produce batteries to provide vehicle mobility when it introduced the Prius hybrid 20 years ago, continues to oppose attempts to mandate fully-electric vehicles by 2030, 2035 or any other date. Company executives, from CEO Akio Toyoda on down, describe such mandates as impossible both with regard to the vehicles themselves or the electric power to charge them.
In late July, Toyota’s North America chief Chris Reynolds presented Congressional leaders with some uncomfortable truths. According to a Forbes account, he told them that Toyota’s maximum capacity for battery production would supply 1.6 million hybrid vehicles annually, but only 28,000 fully electric vehicles per year, which is a huge difference. Secondly, the carbon emissions from producing those 28,000 fully electric vehicles would be greater than the emissions from producing 1.6 million hybrids, according to Reynolds. His main point reportedly was that the battery capacity isn’t there and won’t be there, and that other auxiliary production requirements will be prohibitive. For example, not the 8,000 charging stations which is the current U.S. target, but several hundred thousand charging stations and much more electric generating capacity would be necessary in order to have half of all vehicles be electric by 2030.
This reality has already been presented in publications by EIR, including the report Great Leap Backward: LaRouche Crushes the ‘Green New Deal’ Fraud (https://store.larouchepub.com/product-p/eirsp-2021-1-0-0.htm).