14 Oct '15, 3pm

Toyota Projects Conventional Gas and Diesel Car Sales Near Zero By 2050

Toyota Projects Conventional Gas and Diesel Car Sales Near Zero By 2050

Conventional gas and diesel cars will decline over the next three decades, and hybrids, plug-in cars and fuel cell vehicles will inevitably take over. This was the essence of statements by Senior Managing Officer Kiyotaka Ise who said the Japanese company foresees massive market shifts through the year 2050 at which time its sales of conventional cars will be close to nil. Presently Toyota’s global sales of conventional vehicles is around 86 percent, with hybrids and some plug-in vehicles comprising 14 percent. Faced with rising alternative technology, environmental needs, and emissions regulations, Ise said Toyota will need to change far more comprehensively. “It wouldn’t be easy for gasoline and diesel cars to survive,” said Ise to media in Tokyo. “With such massive decline in engine-powered cars, it’s like the world is turning upside down and Toyota has to change its wa...

Full article: http://www.hybridcars.com/toyota-projects-conventional-ga...

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