The debate over electric cars is raging among the world’s largest automakers

Among the largest automakers in the world are raging debate about electric vehicles. Some believe that electric cars produced by companies other than Tesla have a chance of becoming a hit, while others think that manufacturers will not be able to sell electric cars at a profit.

Toyota contributed to the start of the movement of “green cars” with its hybrid Prius more than 20 years ago, but the company is not so optimistic about the American consumers of electric vehicles. Bob Carter, Executive Vice President of sales for Toyota Motor North America, said at a conference dedicated to the new York motor show that batteries are still too expensive and make electric cars inaccessible to many buyers. Continue reading →