Toyota Holds Back in the Race to Go Electric - NYTimes.com
Or maybe they know better.
Leader in popularizing hybrids, Toyota is taking a slower path to "all electric"
"“The time is not here,” Masatami Takimoto, Toyota’s executive vice president, said during a factory tour this year.
Electric cars “face many challenges,” he said, adding that “to commercialize pure E.V.’s, we need a battery that far exceeds the current technology.”
If Toyota is right, its competitors will have spent billions on a technology that will be slow to take off."