Toyota chairman says fuel-cell cars need more time to catch on
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Tokyo
TOYOTA Motor Corp chairman Takeshi Uchiyamada, known as the "father of the Prius" for his work on the world's bestselling hybrid car, said that fuel-cell vehicles will take longer than petrol-electric cars to become popular because of the need to build infrastructure.
"The hybrid sold much faster than we had anticipated," Mr Uchiyamada, 70, told Bloomberg Television's Francine Lacqua at the World Economic Forum in Davos, Switzerland. "As for the FCV (cars), we assume it won't be as fast as the hybrid as the infrastructure needs to be prepared before it becomes major in the market."
Share with us your feedback on BT's products and services
TRENDING NOW
Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS
Higher costs, lower returns: Why are Singaporeans still betting on real estate?
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
Loyang Valley sold for S$880 million to SingHaiyi-led consortium