New Green Deal - Battery Power With No Extension Cords

Toyoda says converting entirely to EVs could cost hundreds of billions of dollars and make cars unaffordable for average people

Toyota President Akio Toyoda said he feared government regulations would make cars a ‘flower on a high summit’—out of reach for the average person. 

TOKYO— Wall Street Journal. Toyota TM -0.56% Motor Corp.’s leader criticized what he described as excessive hype over electric vehicles, saying advocates failed to consider the carbon emitted by generating electricity and the costs of an EV transition.

Toyota President Akio Toyoda said Japan would run out of electricity in the summer if all cars were running on electric power. The infrastructure needed to support a fleet consisting entirely of EVs would cost Japan between ¥14 trillion and ¥37 trillion, the equivalent of $135 billion to $358 billion, he said.

“When politicians are out there saying, ‘Let’s get rid of all cars using gasoline,’ do they understand this?” Mr. Toyoda said Thursday at a year-end news conference in his capacity as chairman of the Japan Automobile Manufacturers Association.

Has any of the Biden New Green Deal environmental wizards really given this federally mandated program much real thought about the impact on the people?