05:45 PM
Wednesday 23 December 2020
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Books – Ayman Sabry:
Akio Toyoda, CEO of Japan’s Toyota Motor Corporation, said the complete transformation of electric cars will cause further environmental damage through rising levels of carbon dioxide from burning coal and fuels to produce electric power.
The world is rapidly moving towards an electric shift, with technological advances that make electric cars cheaper day after day, and the authorities in many countries of the world are pushing for a comprehensive ban on fuel cars.
The Toyota president warned against moving towards banning internal combustion cars, stressing that such a decision, which is witnessing near international consensus, would eliminate the global auto industry.
He explained in a press conference that completely replacing electric cars with their internal combustion counterparts in a country such as Japan will make electricity run out in the summer and there will not be enough energy even for homes.
The grandson of the founder of the fifth largest car company in the world added that Japan needs an infrastructure to service electric cars if it becomes the dominant one in the streets, with investments of no less than $ 135 billion and up to $ 358 billion.
And he asked the politicians of the world, saying, “Do they really believe that eliminating environmental pollution rates will be achieved by relying on electric cars?”
According to “observer”, the president of Toyota’s speech comes a few weeks after the Japanese government spoke about a plan to ban the sale of new gas cars, starting from 2035, reflecting similar moves by the British government and the US state of California recently.
Toyota is one of the leading companies in the manufacture and development of hybrid cars that run on fuel and electricity, which will still be allowed under the government plan, but the company does not have a fully electric car that can be competed with it yet.
Despite the apparent hostility that the Toyota president does not deny to the aggressive transformation of electric vehicles, his company is investing heavily in the sector, as the company plans to invest more than $ 13 billion in electricity over the next ten years, targeting sales of 4.5 million hybrid cars and one million fully electric cars by year. 2030.
Currently electric cars are still much more expensive than gasoline cars, but that gap is rapidly narrowing. According to a new BloombergNEF report, the average market price per kilowatt-hour (kwH) for electric batteries is expected to drop to $ 101 in 2023,
Experts believe that by 2025, lower costs of manufacturing electric cars and the development of batteries to be rechargeable in a shorter time may allow them to compete with traditional cars in price.
A Bloomberg report predicts that with breakthroughs in battery technology, such as the widespread adoption of solid-state electrolytes not used in current lithium-ion batteries, the ownership and operation value of electric cars could drop by as much as 40% compared to those powered by fossil fuels.
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