Toyota abandons long-range EV plans to focus on hydrogen fuel cells - report
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Toyota North America CEO Jim Lentz told Automotive News the Japanese car maker has conceded that battery-powered electric vehicles are only viable in specific and limited applications, following two decades of attempting to make a long-range pure-electric vehicle a reality.
"In short-range vehicles that take you that extra mile, from the office to the train, or home to the train, as well as being used on large campuses,” Lentz said, “but for long-range travel primary vehicles, we feel there are better alternatives, such as hybrids and plug-in hybrids, and tomorrow with fuel cells.”"
Toyota is trying to soft land people while they reiterate commitment to other technologies.