Toyota Sales Exec Doesn't Think The Market Is Ready For Mass Adoption Of EVs | Carscoops

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Toyota Sales Exec Doesn't Think The Market Is Ready For Mass Adoption Of EVs | Carscoops carscoops

Toyota Motor North America’s executive vice president of sales says that there simply isn’t enough consumer demand for the mass adoption of electric vehicles in the United States.

Speaking during a webinar hosted by the Automotive Press Association, Jack Hollis noted that battery electric vehicles remain too expensive and that the charging infrastructure simply isn’t ready for mass adoption. “I don’t think the market is ready,” Hollis said. “I don’t think the infrastructure is ready. And even if you were ready to purchase one, and if you could afford it … they’re still too high.”

While Toyota is venturing into the world of EVs with the bZ4X, as well as a number of forthcoming models, it has beenToyota Gives Recalled BZX4 Owners That Can’t Drive Their Cars The Option To Buy Back Their EVs New car sales figures in the United States reveal that electric vehicles accounted for 5.2 per cent of sales in the first half of the year, a dramatic increase from the 2.5 per cent of 2021. Furthermore, the Biden administration has a goal of 50 per cent of new vehicle sales in the U.S. being for EVs by 2030.

 

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