“We’re skeptical there would be a rapid shift to pure electric vehicles, given questions over user convenience…in order for electric vehicles to cover long distances, they currently need to be loaded with a lot of batteries that take a considerable amount of time to charge. There’s also the issue of battery life. Two or three more technological breakthroughs are needed before vehicles can be fully powered by batteries.”

— Takeshi Uchiyamada, Chairman of Toyota Motor Corp.