Toyota Kills Tiny Two-Seat Electric Car It Doesn't Believe In #car #green

Toyota Kills Tiny Two-Seat Electric Car It Doesn't Believe In

Toyota Kills Tiny Two-Seat Electric Car It Doesn't Believe In #car #green

"Most of the stories focus on Toyota management's view that battery technology isn't ready, the market for pure electrics isn't there, and hybrids are a much better bet." It is all about "money". Toyota has invested heavily in its hybrid technology (IMHO, it is outdated and cheap). Now it is ready to expand that hybrid drive train into all Toyota cars. Why would it expand into EVs? It doesn't make financial sense for Toyota. Its investment in Tesla is there to keep a tab on technology and when it is "profitable", it will just take the Tesla technology and use it in their cars... Toyota will NEVER fully embrace EV until it "milks" every drop of profit out of its hybrid investment.

Full article: http://www.greencarreports.com/news/1079379_toyota-kills-...

Tweets

@mlamonica » 25 Sep '12, 12pm
Toyota scales back plans for EV minicar. Good perpective: Toyota Kills Tiny Two-Seat Electric Car It Doesn't Believe In [link]
@evchels » 24 Sep '12, 11pm
Yes, please! MT @johnvoelcker: Sorry, felt a deep, urgent need to offer context : Toyota Kills EV It Doesn't Believe In [link]
@alannogee » 24 Sep '12, 9pm
RT @iPublicPolicy: @alannogee @johnvoelcker had a good article about this today. [link]
@iPublicPolicy » 24 Sep '12, 9pm
@alannogee @johnvoelcker had a good article about this today. [link]
@johnvoelcker » 24 Sep '12, 8pm
Sorry, but I felt a deep & urgent need to offer context : Toyota Kills Tiny Two-Seat Electric Car It Doesn't Believe In [link]
@greeneral » 24 Sep '12, 8pm
RT @SILAB_global: RT @greeneconpost: Toyota Kills Tiny Two-Seat Electric Car It Doesn't Believe In [link] #car #green
@SILAB_global » 24 Sep '12, 8pm
RT @greeneconpost: Toyota Kills Tiny Two-Seat Electric Car It Doesn't Believe In [link] #car #green
@CarGuyNick » 24 Sep '12, 8pm
greencar Toyota Kills Tiny Two-Seat Electric Car It Doesn't Believe In: We've been subjected to a spate of dire... [link]
@ElectricCarNWS » 24 Sep '12, 8pm
Toyota Kills Tiny Two-Seat Electric Car It Doesn't Believe In: We've been subjected to a spate... [link] #GreenCarReports
@greeneconpost » 24 Sep '12, 8pm
Toyota Kills Tiny Two-Seat Electric Car It Doesn't Believe In [link] #car #green
@ajkuzon » 03 Oct '12, 2pm
Toyota Kills Tiny Two-Seat Electric Car It Doesn't Believe In [link]
@SILAB_global » 24 Sep '12, 8pm
RT @greeneconpost: Toyota Kills Tiny Two-Seat Electric Car It Doesn't Believe In [link] #car #green
@jessajparker » 24 Sep '12, 8pm
Toyota Kills Tiny Two-Seat Electric Car It Doesn't Believe In #car #green [link]