« on: July 04, 2021, 01:05:50 pm »
Depending on how and when you count, Japan’s Toyota is the world’s largest automaker. According to Wheels, Toyota and Volkswagen vie for the title of the world’s largest, with each taking the crown from the other as the market moves. That’s including Volkswagen’s inherent advantage of sporting 12 brands versus Toyota’s four. Audi, Lamborghini, Porsche, Bugatti, and Bentley are included in the Volkswagen brand family.
GM, America’s largest automaker, is about half Toyota’s size thanks to its 2009 bankruptcy and restructuring. Toyota is actually a major car manufacturer in the United States; in 2016 it made about 81% of the cars it sold in the U.S. right here in its nearly half a dozen American plants. If you’re driving a Tundra, RAV4, Camry, or Corolla it was probably American-made in a red state. Toyota was among the first to introduce gas-electric hybrid cars into the market, with the Prius twenty years ago. It hasn’t been afraid to change the car game.
All of this is to point out that Toyota understands both the car market and the infrastructure that supports it perhaps better than any other manufacturer on the planet. It hasn’t grown its footprint through acquisitions, as Volkswagen has, and it hasn’t undergone bankruptcy and bailout as GM has. Toyota has grown by building reliable cars for decades.
When Toyota offers an opinion on the car market, it’s probably worth listening to. This week, Toyota reiterated an opinion it has offered before. That opinion is straightforward: The world is not yet ready to support a fully electric auto fleet.
Toyota’s head of energy and environmental research Robert Wimmer testified before the Senate this week, and said: “If we are to make dramatic progress in electrification, it will require overcoming tremendous challenges, including refueling infrastructure, battery availability, consumer acceptance, and affordability.”
Wimmer’s remarks come on the heels of GM’s announcement that it will phase out all gas internal combustion engines (ICE) by 2035. Other manufacturers, including Mini, have followed suit with similar announcements.
Tellingly, both Toyota and Honda have so far declined to make any such promises. Honda is the world’s largest engine manufacturer when you take its boat, motorcycle, lawnmower, and other engines it makes outside the auto market into account. Honda competes in those markets with Briggs & Stratton and the increased electrification of lawnmowers, weed trimmers, and the like.
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Wimmer noted that while manufactures have announced ambitious goals, just 2% of the world’s cars are electric at this point. For price, range, infrastructure, affordability, and other reasons, buyers continue to choose ICE over electric, and that’s even when electric engines are often subsidized with tax breaks to bring pricetags down.
The scale of the switch hasn’t even been introduced into the conversation in any systematic way yet. According to FinancesOnline, there are 289.5 million cars just on U.S. roads as of 2021. About 98 percent of them are gas-powered. Toyota’s RAV4 took the top spot for purchases in the U.S. market in 2019, with Honda’s CR-V in second. GM’s top seller, the Chevy Equinox, comes in at #4 behind the Nissan Rogue. This is in the U.S. market, mind. GM only has one entry in the top 15 in the U.S. Toyota and Honda dominate, with a handful each in the top 15.
Toyota warns that the grid and infrastructure simply aren’t there to support the electrification of the private car fleet. A 2017 U.S. government study found that we would need about 8,500 strategically-placed charge stations to support a fleet of just 7 million electric cars. That’s about six times the current number of electric cars but no one is talking about supporting just 7 million cars. We should be talking about powering about 300 million within the next 20 years, if all manufacturers follow GM and stop making ICE cars.
Simply put, we’re gonna need a bigger energy boat to deal with connecting all those cars to the power grids. A LOT bigger.https://republicbroadcasting.org/news/toyota-warns-again-about-electrifying-all-autos-is-anyone-listening/The objective looks to be only the powerful will retain vehicles and the rest of us reduced to using mass transportation.
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