Every Toyota, Lexus Model to Have Electrified Option by 2025
One of the biggest sources of greenhouse gas emissions in the U.S. is from burning fossil fuels for transportation, so accelerating the electrification of our planes, trains and automobiles is crucial in a clean energy future.
In a recent interview with CNBC's Squawk Box, Bob Carter, executive vice president of sales for Toyota Motor North America, spoke about the Japanese automaker's plans to offer an electrified option for every model in the Toyota and Lexus line-up by 2025. This includes hybrids, plug-in hybrids, full electric and hydrogen fuel cell vehicles.
"We are working on an entire portfolio of hybrids which we have been selling since 1997, plug-in hybrids, full battery electric vehicles as well as our fuel cell vehicles," Carter said on the show. "Those vehicles represent about 9 percent of our sales in 2018. We have set a goal that it will be 15 percent of our sales next year in 2020."
Toyota aims for electrified option for every model by 2025 www.youtube.com
Toyota's ambitions are a major shift away from traditional gas guzzling vehicles—and that commitment should be commended.
However, instead of pouring its resources into purely electric cars—à la Elon Musk's Tesla—Toyota is focusing more on gas-electric vehicles.
"Our strategy is to keep utilizing our hybrids, plug-in hybrids, and eventually bring in battery-electric vehicles as the market grows," Carter told CNBC.
But Toyota could be missing the boat by sidestepping fully electric cars, sales of which are taking off and poised to accelerate.
"Toyota's emphasis on hybrids comes at a time when U.S. demand for the traditional gas-electric vehicle is dropping. LMC Automotive estimates full hybrid sales in the U.S. fell 6 percent last year, while Toyota's hybrid sales dropped 5 percent.
The lower price of gasoline gives potential buyers less incentive to opt for a hybrid over a model powered by an internal combustion engine. Another factor: The growing number of electric models for sale gives eco-friendly buyers the option to plug in and stop pumping gas. In that area, Tesla, not Toyota has become the clear leader."
Toyota sold about 28,000 plug-ins in U.S. last year, compared to the 191,000 EVs Tesla reportedly sold, LeBeau noted.
Fred Lambert, the editor in chief of the electric vehicle blog Electrek, also said it was "dumb" for Toyota to not focus on a mass-market EV.
"If the EV market is small right now, it's not because people don't want to buy EVs, it's because the industry is not manufacturing enough attractive all-electric vehicles at a decent price," he wrote in a blog post.
Toyota's commitment to an electrified fleet was announced in Decemeber 2017 an environmental push. The company said it would no longer develop models without an electrified version.
"Electrified vehicles, which are effective for economical consumption of fuel and promoting usage of alternative fuels, are indispensable in helping to solve current environmental issues," Toyota said then in a press release.
Britain's Prince William interviewed famed broadcaster David Attenborough on Tuesday at the World Economic Forum's annual meeting in Switzerland.
During the sit-down, the 92-year-old naturalist advised the world leaders and business elite gathered in Davos this week that we must respect and protect the natural world, adding that the future of its survival—as well as humanity's survival—is in our hands.
What's more, the accounting firm predicts that another 21 million electric cars will be on the road globally over the next decade due to growing market demand for clean transportation, government subsidies, as well as bans on fossil fuel cars.
By Matthew Savoca
Plastic pollution in the world's oceans has become a global environmental crisis. Many people have seen images that seem to capture it, such as beaches carpeted with plastic trash or a seahorse gripping a cotton swab with its tail.
Greenland is melting about four times faster than it was in 2003, a new study published Monday in the Proceedings of the National Academy of Sciences found, a discovery with frightening implications for the pace and extent of future sea level rise.
"We're going to see faster and faster sea level rise for the foreseeable future," study lead author and Ohio State University geodynamics professor Dr. Michael Bevis said in a press release. "Once you hit that tipping point, the only question is: How severe does it get?"
Finally, some good news about the otherwise terrible partial government shutdown. A federal judge ruled that the Trump administration cannot issue permits to conduct seismic testing during the government impasse.
The Justice Department sought to delay—or stay—a motion filed by a range of coastal cities, businesses and conservation organizations that are suing the Trump administration over offshore oil drilling, Reuters reported. The department argued that it did not have the resources it needed to work on the case due to the shutdown.
Most people have heard of the Amazon, South America's famed rainforest and hub of biological diversity. Less well known, though no less critical, is the Pantanal, the world's largest tropical wetland.
Like the Amazon, the Pantanal is ecologically important and imperiled. Located primarily in Brazil, it also stretches into neighboring Bolivia and Paraguay. Covering an area larger than England at more than 70,000 square miles, the massive wetland provides irreplaceable ecosystem services that include the regulation of floodwaters, nutrient renewal, river flow for navigability, groundwater recharge and carbon sequestration. The wetland also supports the economies of the four South American states it covers.
By Andrea Germanos
Organizers said 35,000 people marched through the streets of the German capital on Saturday to say they're "fed up" with industrial agriculture and call for a transformation to a system that instead supports the welfare of the environment, animals and rural farmers.
By Patrick Rogers
If you have ever considered making the switch to an environmentally friendly electric vehicle, don't drag your feet. Though EV prices are falling, and states are unveiling more and more public charging stations and plug-in-ready parking spots, the federal government is doing everything it can to slam the brakes on our progress away from gas-burning internal combustion engines. President Trump, likely pressured by his allies in the fossil fuel industry, has threatened to end the federal tax credits that have already helped put hundreds of thousands of EVs on the road—a move bound to harm not only our environment but our economy, too. After all, the manufacturing and sale of EVs, hybrids, and plug-in hybrids supported 197,000 jobs in 2017, according to the most recent U.S. Energy and Employment Report.