[datacruncher01]

I think that Toyota won't really go heavy into EVs until batteries are more available. EV batteries are heavily dependent on lithium availability which is limited by world wide exploration limits. We are only able to mine enough to make about 2 million Tesla equivalent cars per year, and that's if none of it goes to phones other electronic devices. Toyota sells that many vehicles alone each year. Until there is something that can scale and still allow them to sell an economical model, they won't go heavy into EVs.

[dev_daftly]

I mean, Toyota has said this themselves. Their view is that making 1,000,000 hybrids is better than 1,000 evs because most of an evs battery capacity is wasted on a daily basis.