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Sure, properly developed CO2 sequestration along with the right regulation is a perfectly viable option to renewable-produced battery-electric vehicles. And fos
by marvin 4y ago
Sure, properly developed CO2 sequestration along with the right regulation is a perfectly viable option to renewable-produced battery-electric vehicles. And fossil transport certainly has a role in the world economy for the foreseeable future.
But I'm questioning Toyota's motives here. Just pointing out, once again, that the main competencies retained by most auto manufacturers is design, powertrain manufacturing and final assembly. They have a very heavy vested interest in models that retain large parts of the status quo.
Toyota also famously bet heavily on hydrogen fuel cell-electric vehicles only a few years ago, downplaying the potential of battery electric vehicles. I always though that strategy was a nonsensical direction driven out of an Innovator's Dilemma type situation.
Thankfully, we don't really need the debate. Reality will eventually give us the correct conclusion here, since there is at least one auto manufacturer hell-bent on bringing electric vehicles to market in volumes that would eventually constitute an existential threat to other manufacturers. If Toyota's CEO turns out to be wrong, pure fossil manufacturers will simply be competed out. (Absent political intervention).