this post was submitted on 28 Jan 2024
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[Dormant] Electric Vehicles

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Toyota’s chairman doubles down on his electric car skepticism, forecasting that EV adoption will peak at just 30% (fortune.com)
submitted 9 months ago by MicroWave@lemmy.world to c/evs@lemmy.world
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Akio Toyoda, Toyota Motor’s chairman, has never been a huge fan of battery electric vehicles. Last October, as global sales of EVs started to slow down amid macroeconomic uncertainty, Toyoda crowed that people are “finally seeing reality” on EVs. Now, the auto executive is doubling down on his bearish forecast, boldly predicting that just three in 10 cars on the road will be powered by a battery.

…

“The enemy is CO2,” Toyoda said, proposing a “multi-pathway approach” that doesn’t rely on any one type of vehicle. “Customers, not regulations or politics” should make the decision on what path to rely on, he said.

The auto executive estimated that around a billion people still live in areas without electricity, which limits the appeal of a battery electric vehicle. Toyoda estimated that fully electric cars will only capture 30% of the market, with the remainder taken up by hybrids or vehicles that use hydrogen technology.

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[–] Hypx@kbin.social 1 points 9 months ago

At the end of the day, you are just turning sunlight/wind and water into a fuel. The marginal cost is nearly zero. Which is why the development trajectory will be the same as the rise of wind and solar energy. Both of those ideas also had nearly zero marginal cost. As a result, you can expect hydrogen fuel to be extreme cheap and basically inexhaustible. That is a major advantage and there is nothing batteries can ever do to match that.

I wonder if you are projecting here: Hydrogen, not batteries, have many more applications. You can't even make the steel used to make a car without a reducing agent like hydrogen. Same is true of the metals in the battery itself. So if we want to hit zero emissions for real, hydrogen is mandatory, but batteries are not. In fact, BEVs are totally dependent on green hydrogen to real reach zero emissions. Everything from industry to long-duration energy storage all requires hydrogen. You can skip BEVs altogether but you cannot avoid hydrogen.