What's Wrong With This Picture: Toyota's EV Insurance Edition

Edward Niedermeyer
by Edward Niedermeyer

As Bertel reported this morning, the debut of Toyota’s first potential mass-market pure EV has not been an occasion for the Japanese automaker to trumpet battery-electric technology as a world-beater. In fact, given the kind of rhetoric that usually accompanies concepts like this Tesla-developed electric RAV4, Toyota is still treating electric vehicles as a limited, and relatively short-term trend that poses little threat to the gas-based core of its business. And there’s strong evidence that this is the right approach. Hybrids are the mass-market face of green motoring in the here-and-now, and a wave of hydrogen vehicles scheduled for 2015 could take considerable wind out of the EV bandwagon’s sales long-term. No wonder Toyota shoved development of the RAV4 EV to its idealistic “investment,” Tesla. This car is not the future… it’s an insurance policy.






Edward Niedermeyer
Edward Niedermeyer

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  • Daanii2 Daanii2 on Nov 18, 2010
    "a wave of hydrogen vehicles scheduled for 2015 could take considerable wind out of the EV bandwagon’s sales long-term" The hydrogen vehicles of which you speak are electric vehicles.
  • Carlson Fan Carlson Fan on Nov 19, 2010

    Hydrogen vehicles may be the future but not until electrics have had a good run. Here's the drving log of a physicisian out in Jersey after nine days with his Chevy Volt that GM gave him. He is part of an advisory board. 176 MPG so far, let's see you do that with your Prius or TDI VW! http://gm-volt.com/chevrolet-volt-driving-log/

    • Carve Carve on Nov 19, 2010

      Really!? How many gallons of electricity did he use?

  • 28-Cars-Later Why RHO? Were Gamma and Epsilon already taken?
  • 28-Cars-Later "The VF 8 has struggled to break ground in the increasingly crowded EV market, as spotty reviews have highlighted deficiencies with its tech, ride quality, and driver assistance features. That said, the price isn’t terrible by current EV standards, starting at $47,200 with leases at $429 monthly." In a not so surprising turn of events, VinFast US has already gone bankrupt.
  • 28-Cars-Later "Farley expressed his belief that Ford would figure things out in the next few years."Ford death watch starts now.
  • JMII My wife's next car will be an EV. As long as it costs under $42k that is totally within our budget. The average cost of a new ICE car is... (checks interwebs) = $47k. So EVs are already in the "affordable" range for today's new car buyers.We already have two other ICE vehicles one of which has a 6.2l V8 with a manual. This way we can have our cake and eat it too. If your a one vehicle household I can see why an EV, no matter the cost, may not work in that situation. But if you have two vehicles one can easily be an EV.My brother has an EV (Tesla Model Y) along with two ICE Porsche's (one is a dedicated track car) and his high school age daughters share an EV (Bolt). I fully assume his daughters will never drive an ICE vehicle. Just like they have never watched anything but HiDef TV, never used a land-line, nor been without an iPad. To them the concept of an ICE power vehicle is complete ridiculous - you mean you have to STOP driving to put some gas in and then PAY for it!!! Why? the car should already charged and the cost is covered by just paying the monthly electric bill.So the way I see it the EV problem will solve itself, once all the boomers die off. Myself as part of Gen X / MTV Generation will have drive a mix of EV and ICE.
  • 28-Cars-Later [Model year is 2010] "and mileage is 144,000"Why not ask $25,000? Oh too cheap, how about $50,000?Wait... the circus is missing one clown, please report to wardrobe. 2010 AUDI A3 AWD 4D HATCHBACK PREMIUM PLUS
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