Toyota Chief Scientist Believes EVs Aren't For Everyone
Highlights
- Toyota BZ4X will be the first EV by the Japanese giant
- It has only announced an $13.5 billion investment in EVs
- Its focus has traditionally been towards fuel-cell hydrogen powertrains
Toyota has been one of the few major automakers to have a belligerent stance towards EVs. It was one of the last to announce serious investment towards what many believe is the future of propulsion. Its CEO Akio Toyoda has been making snide remarks about EVs often as well and now its chief scientist Gill Pratt has also come out and said something that's not exactly endearing towards electric cars.
"(Toyota) believes in the diversity of drivetrains. It's not for us to predict which solution is the best or say only this will work," he said at a Reuters conference.
This is not surprising as recently Toyota did announce plans to invest $13.5 billion towards battery technology between now and 2030, but in the scheme of things, this is also an incredibly low investment especially when compared to what the Volkswagen Group is investing which is upwards of $90 billion. Toyota's reluctance also comes from its investment in fuel cell-powered hydrogen cars and has been a pioneer in space.
Toyota has the Mirai which now is in its second generation but many believe hydrogen may not be a viable alternative to fossil fuels and the internal combustion engine because of the infrastructural costs and pervasiveness of the infrastructure. Tesla's Elon Musk has numerous times dubbed hydrogen as a dumb solution.
But while this is happening, the Japanese major is also investing in its first EV which is on a conceptual level right now - dubbed the BZ4X concept.
Toyota has also faced investor pressure which has also triggered its recent overtures towards EVs, but clearly, it is not going all-in. In fact, Akio Toyoda has warned that many Japanese jobs could be lost if the transition towards the electric powertrain is accelerated.
Last Updated on October 25, 2021
Related Articles
Latest News
Research More on BMW Z4
Popular BMW Models
- BMW XMEx-Showroom Price₹ 2.6 - 3.15 Crore
- BMW i7Ex-Showroom Price₹ 2.03 - 2.13 Crore
- BMW X7Ex-Showroom Price₹ 1.27 - 1.33 Crore
- BMW M4Ex-Showroom Price₹ 1.53 - 1.89 Crore
- BMW M8Ex-Showroom Price₹ 2.44 - 2.55 Crore
- BMW X3Ex-Showroom Price₹ 61.9 - 87.7 Lakh
- BMW Z4Ex-Showroom Price₹ 89.3 Lakh
- BMW iXEx-Showroom Price₹ 1.21 Crore
- BMW X1Ex-Showroom Price₹ 49.5 - 68.5 Lakh
- BMW 5 SeriesEx-Showroom Price₹ 72.9 Lakh
- BMW 7 SeriesEx-Showroom Price₹ 1.82 - 1.85 Crore
- BMW M2Ex-Showroom Price₹ 1 Crore
- BMW 3 SeriesEx-Showroom Price₹ 46.9 - 72.9 Lakh
- BMW 3 Series Gran LimousineEx-Showroom Price₹ 60.6 - 62.6 Lakh
- BMW i4Ex-Showroom Price₹ 72.5 - 77.5 Lakh
- BMW 2 Series Gran CoupeEx-Showroom Price₹ 43.9 - 46.9 Lakh
- BMW X4Ex-Showroom Price₹ 71.9 - 96.2 Lakh
- BMW X5 MEx-Showroom Price₹ 2.08 Crore
- BMW X5Ex-Showroom Price₹ 96 Lakh - 1.1 Crore
- BMW iX1Ex-Showroom Price₹ 66.9 Lakh
- BMW 6 Series Gran TurismoEx-Showroom Price₹ 73.5 - 78.9 Lakh
- BMW i5Ex-Showroom Price₹ 1.19 Crore
- Home
- News
- Technology
- Toyota Chief Scientist Believes EVs Aren't For Everyone