• Most Popular
  • Most Shared

China is no place for electric cars:Toyota

TOKYO
Mon Oct 22, 2007 4:24am EDT

TOKYO (Reuters) - Japanese carmaker Toyota is working to improve its hybrid cars and develop electric cars for the future, but an official said on Monday that these vehicles would not help reduce CO2 emissions in China.

Stocks  |  Green Business

"In France, 80 percent of electricity is produced by nuclear stations so if electric cars replace fossil fuel cars then you have a clear reduction in the emission of CO2," said Tatehito Ueda, a managing officer at Toyota Motor Corp.

"But in China they make electricity by burning coal, so China is not the place for electric cars," he told the Nikkei International Automotive Conference in Tokyo.

Toyota has introduced a so-called 'plug-in' hybrid vehicle -- in which the electric part of the engine can be charged up from the electricity network -- in France in partnership with EDF and will introduce this elsewhere as well.

The vehicle is based on its Fuel Cell stack technology, but Ueda said a lot of issues needed to be resolved to make this a mass technology, both in infrastructure and in vehicles.

In the meantime, improved fuel economy through reduced running resistance, or friction, and an improved power train can cut emissions. Software can help make mechanical actions more precise and reduce fuel consumption, he said.



More from Reuters

Photo

Accused 9/11 plotters may face NY "Guantanamo"

NEW YORK (Reuters) - If the men accused of plotting the September 11 attacks wonder what conditions they might face when they are moved to New York from Guantanamo Bay for trial, they can expect solitary confinement, 23-hour-a-day lockdowns, constant video surveillance and almost no visitors.

 A broker waits for a phone call as he trades on the dealing floor at ICAP in Jersey City, New Jersey December 9, 2009. REUTERS/Lucas Jackson

Easy come, easy go

After a run of easy money this year, fund managers cast a wary eye on investment prospects in 2010.  Full Article 

"I don't think this is the bottom. We're going to have more problems in the world economy. We're papering over the problems more than anything else."

Well-known investorJim Rogers,
on the sinking greenback and the fundamental problems with the U.S. economy