Economy, Auto
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Toyota to Eliminate Gas by 2050

Toyota to Eliminate Gas by 2050Toyota to Eliminate Gas by 2050

Toyota, under new environmental targets, will be selling hardly any regular gasoline vehicles by 2050 and focus on only hybrids and fuel cells to radically reduce emissions. Toyota Motor Corp. announced its ambitious vision at a Tokyo museum on Wednesday, promising to push governments, affiliated companies and other "stakeholders" to reduce by 2050 average emissions from Toyota cars by 90% compared with 2010 levels, AP reported. The Japanese automaker projected its annual sales of fuel cell vehicles to reach more than 30,000 by 2020. It says annual sales of hybrid vehicles will reach 1.5 million, hence by 2020 Toyota would have sold 15 million hybrid vehicles, nearly twice what it has sold so far around the world. Electrical vehicles or EVs were not part of the overall plan, which has led some spectators to believe that long-life car batteries may not be achievable with current technology.

 

Financialtribune.com