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+ - Toyota abandons plans for all-electric vehicle rollout->

Submitted by Soultest
Soultest (1542905) writes "Toyota has given up on plans to sell any significant number of all-electric vehicles. Citing 'many difficulties' with the project, the company says it will only sell about 100 of the battery-powered eQ cars it has been working on for several years. 'By dropping plans for a second electric vehicle in its line-up, Toyota cast more doubt on an alternative to the combustion engine that has been both lauded for its oil-saving potential and criticized for its heavy reliance on government subsidies in key markets like the United States. "The current capabilities of electric vehicles do not meet society's needs, whether it may be the distance the cars can run, or the costs, or how it takes a long time to charge," said, Uchiyamada, who spearheaded Toyota's development of the Prius hybrid in the 1990s.'"
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Toyota abandons plans for all-electric vehicle rollout

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You know, the difference between this company and the Titanic is that the Titanic had paying customers.

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