{"id":1783289,"date":"2022-12-21T20:03:12","date_gmt":"2022-12-22T01:03:12","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1783289"},"modified":"2022-12-21T20:03:15","modified_gmt":"2022-12-22T01:03:15","slug":"toyota-ceo-akio-toyoda-silent-majority-of-automakers-not-fully-sold-on-electric-vehicles","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/toyota-ceo-akio-toyoda-silent-majority-of-automakers-not-fully-sold-on-electric-vehicles\/","title":{"rendered":"Toyota CEO Akio Toyoda: \u2018Silent Majority\u2019 Of Automakers Not Fully Sold On Electric Vehicles"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">28<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ftoyota-ceo-akio-toyoda-silent-majority-of-automakers-not-fully-sold-on-electric-vehicles%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1783289&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>The head of the world\u2019s largest <a href=\"https:\/\/www.dailywire.com\/topic\/cars\" target=\"_blank\" rel=\"noopener\">automaker<\/a> said this week that he remains skeptical of trying to move to only producing electric vehicles and that the majority of people who work in the auto industry agree with him.<\/p>\n<p>Toyota Motor chief Akio Toyoda made the remarks while speaking to reporters during a visit to Thailand.<\/p>\n<p>\u201cPeople involved in the auto industry are largely a silent majority,\u201d Toyoda said. \u201cThat silent majority is wondering whether EVs are really OK to have as a single option. But they think it\u2019s the trend so they can\u2019t speak out loudly.\u201d<\/p>\n<p>\u201cBecause the right answer is still unclear, we shouldn\u2019t limit ourselves to just one option,\u201d he added.<\/p>\n<p>The remarks come as supply chain issues that were sparked by the coronavirus pandemic have continued to make it difficult for manufacturers to get the raw materials needed to make new cars, especially electric vehicles.<\/p>\n<p>The Wall Street Journal <a href=\"https:\/\/www.wsj.com\/articles\/toyota-president-says-silent-majority-has-doubts-about-pursuing-only-evs-11671372223\" target=\"_blank\" rel=\"noopener\">reported<\/a> that while some of Toyota\u2019s rivals have jumped fully on board with electric vehicles \u2014 setting future dates at which point their companies would only produce electric vehicles \u2014 Toyota has diversified its future product offerings and is focused on making traditional gas cars, hybrids, and hydrogen-powered vehicles.<\/p>\n<p>Jack Hollis, Executive Vice President of Sales at Toyota Motor North America, said earlier this year that the company does not believe that the demand for electric vehicles is as high as people think it is.<\/p>\n<p>\u201cI don\u2019t think the market is ready. I don\u2019t think the infrastructure is ready,\u201d he <a href=\"https:\/\/electrek.co\/2022\/08\/25\/toyota-says-no-ev-demand-try-selling-one-wheels-dont-fall-off\/\" target=\"_blank\" rel=\"noopener\">said<\/a>. \u201cAnd even if you were ready to purchase one, and if you could afford it \u2026 (the price is) still too high \u2026 It took 25 years to get to less than 10% (market share) for hybrid \u2026 The consumer isn\u2019t demanding (EVs) at that level. The consumer is not screaming, \u201830% or 40% by tomorrow.\u2019\u201d<\/p>\n<p>With looming negative economic conditions in the U.S. on the horizon, combined with lowered gas prices, increasing interest rates, and high inflation rates, the market for electric vehicles could take even longer to expand.<\/p>\n<p>Tesla CEO Elon Musk has also warned that the transition away from oil and gas is not as easy as people think and that society would be devastated overnight if it tried to stop using fossil fuels.<\/p>\n<p>\u201cAt this time, we actually need more oil and gas, not less,\u201d Musk said. \u201cRealistically I think we need to use oil and gas in the short term, because otherwise civilization will crumble. One of the biggest challenges the world has ever faced is the transition to sustainable energy and to a sustainable economy. That will take some decades to complete.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The head of the world\u2019s largest automaker said this week that he remains skeptical of trying to move to only producing electric vehicles and that the majority of people who work in the auto industry agree with him. Toyota Motor chief Akio Toyoda made the remarks while speaking to reporters during a visit to Thailand. &#8230;<\/p>\n","protected":false},"author":102,"featured_media":1783292,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[541],"tags":[7446,9259,6962,11067,11068,3850,6202,5340,5067,5049,9395,11066,5889,10880,6195],"class_list":["post-1783289","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-daily-wire","tag-not","tag-silent","tag-the","tag-akio","tag-automakers","tag-ceo","tag-daily","tag-electric","tag-fully","tag-majority","tag-sold","tag-toyoda","tag-toyota","tag-vehicles","tag-wire"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1783289","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/102"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1783289"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1783289\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1783292"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1783289"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1783289"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1783289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}