Toyota: There’s Too Much Hype Over EVs   

There is too much hype surrounding electric vehicles (EVs), one of the world’s top automakers, Japan’s Toyota, says, noting that the electricity needed to charge electric cars would strain grids and increase carbon emissions. If all cars in Japan were electric, the country would be short of electricity in the summer, while the infrastructure for a 100-percent EV fleet would cost the equivalent of up to US$358 billion, The Wall Street Journal quoted Toyota’s President Akio Toyoda as saying at a press conference in his role as chairman…