[HN Gopher] European pension funds attack Toyota for not going '...
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       European pension funds attack Toyota for not going 'all in' on
       electric cars
        
       Author : cwwc
       Score  : 7 points
       Date   : 2022-06-12 21:04 UTC (1 hours ago)
        
 (HTM) web link (www.ft.com)
 (TXT) w3m dump (www.ft.com)
        
       | clouddrover wrote:
       | Toyota is in the car business. Toyota is "all in" on making and
       | selling cars. Toyota sells more cars than anyone:
       | 
       | https://global.toyota/en/company/profile/production-sales-fi...
       | 
       | https://www.motor1.com/news/563816/toyota-beats-vag-2021-sal...
        
       | cjbenedikt wrote:
       | Pension fund managers should stick to what they (pretend) to
       | understand: investments. Electric cars have a ton of
       | environmental issues - Lithium mining and related water
       | consumption and CO2 release to name but a few. Toyota should be
       | hailed for sticking to hydrogen instead.
        
         | natch wrote:
         | Hydrogen is corrosive, dangerous, and inefficient.
         | 
         | It is not an energy source.
         | 
         | There are much better existing storage mechanisms.
         | 
         | It burns with an invisible flame in daylight, adding to the
         | danger.
         | 
         | Hydrogen cars in California cannot take road trips out of the
         | state because there is no place for them to fill up in many
         | other states.
         | 
         | I've seen hydrogen cars at filling stations that were brought
         | there by tow trucks.
         | 
         | Hydrogen cars are so expensive the manufacturers have to
         | heavily subsidize them. I'm not sure they even sell them; I
         | think they are all leased.
         | 
         | Hydrogen is so difficult to deal with, people who produce it
         | might even have to give it away in some places, depending on
         | location, because nobody wants to deal with it.
         | 
         | Toyota has been out of step on this, and they are still faking
         | out customers imho by using the term "electrified" which
         | usually means hybrid, but fools people into thinking they are
         | talking about BEVs.
        
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       (page generated 2022-06-12 23:02 UTC)