Toyota Chairman Says Fuel-Cell Cars Need More Time to Catch On
- Hybrid cars sold much faster than anticipated: Uchiyamada
- Toyota, Shell among partners in consortium to promote hydrogen
Toyota Chairman: We Have Full Confidence in U.S. Market
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Toyota Motor Corp. Chairman Takeshi Uchiyamada, known as the "father of the Prius" for his work on the world’s best-selling hybrid car, said fuel-cell vehicles will take longer than gasoline-electric autos to become popular because of the need to build infrastructure.
“The hybrid sold much faster than we had anticipated,” Uchiyamada, 70, 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 hybrid as the infrastructure needs to be prepared before it becomes major in the market.”