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Toyota

  • Link to article here.

    Toyota president says auto industry 'silent majority' wonders if electric vehicles 'are really OK to have as a single option

    While electric vehicles may seem to be all the rage in the automotive space, Toyota Motor Corporation president Akio Toyoda is pumping the brakes on the idea of an all-in approach.

    "People involved in the auto industry are largely a silent majority," Toyoda told reporters during a trip to Thailand, according to the Wall Street Journal. "That silent majority is wondering whether EVs are really OK to have as a single option. But they think it's the trend so they can't speak out loudly."

    "Because the right answer is still unclear, we shouldn't limit ourselves to just one option," he said, according to the outlet — during the past few years, he said, he has attempted to communicate this idea to stakeholders in the automotive space, including government figures, but he indicated that his effort had been tiring at points.

    "Is there interest in electric vehicles? Yes. Is it more than 10% to 15% of our customer base? No way," said Ryan Gremore, a dealer based in Illinois who owns a number of brand franchises, according to the outlet.