Toyota’s Chief Says Electric Vehicles Are Overhyped: Akio Toyoda Says Converting Entirely to EVs Could Cost Hundreds of Billions of Dollars and Make Cars Unaffordable for Average People
by Peter Landers (Wall Street Journal) Toyota Motor Corp.’s leader criticized what he described as excessive hype over electric vehicles, saying advocates failed to consider the carbon emitted by generating electricity and the costs of an EV transition. Toyota President Akio Toyoda