Wednesday, October 3, 2012

The Difference Between the Visionary and the Wishful

Toyota Motor Corp has scrapped plans for widespread sales of a new all-electric minicar, saying it had misread the market and the ability of still-emerging battery technology to meet consumer demands. (from Reuters) Much of Tesla's presumed sales came from partnership with Toyota.

Toyota continues with its hybrid plans.

President Barack Obama has set a goal of getting one million electric vehicles on the road by 2015. That is clearly impossible now and shows the inherent disconnection between political wishing and the real world, a lesson that should be applied more widely.

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