http://money.cnn.com/2009/06/23/auto...ident.fortune/
Toyota president insists that electric cars(and presumably PHEVs) are not practical because Japanese battery suppliers have not been able to achieve the Li-Ion battery life that's comparable to NiMH, so Toyota would stick with NiMH non-plugins.Several of your competitors have been speeding development of electric cars. Does Toyota need to do more?
Electric cars' battery life is limited, and that has not been solved. We would like to utilize our hybrid technology because we have accumulated quite a bit of knowledge about battery usage for hybrid cars. Depending on how electric cars are used or how they are found to be valuable, for the time being Toyota would like to focus on hybrid technology.
Well, the tone of talks are very different at companies(namely GM and Hyundai) that have access to Li-Polymer cells that is as durable as NiMH...

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