Earlier quoted context omitted.
Electric cars becoming dominant seems like an inevitability to me, and it looks like many auto makers agree. It’s “just” a matter of battery costs, battery density, energy costs, and volume. What does Toyota see that we’re missing? I ask this as someone who just bought an ICE vehicle, but only because there were no electric vehicles in my market segment.
As someone who isn't sold on EVs (as they exist today), I just don't how EVs will wind up being better economically. Energy costs will wind up going up as demand on the grid strains our infrastructure's ability to supply enough electricity as most folks switches over to EVs. Worse, costs for all electricity (home, industry, etc) will go up as demand surges. My ICE vehicle won't lose range like an EV's will over time.…
Will still be cheaper then gas. Total cost of living will still be less.
> Nor, will it need an expensive battery to be replaced.
Overall live-cycle cost are already higher.
And many batteries can go for a very, very long time. Even if you reach the 80% mark, they can often continue after that. Many EV batters survive the car and then go on to do other stuff for a long time. And those were first generation packs.
> I can store 100+ miles of range in a $30 plastic container that I can store in the yard
Something 99% of people have never done.