Top Toyota Scientist Says World Lacks the Resources to Go All-EV

Toyota Motor Corp.’s top scientist warned that transitioning to electric vehicles too quickly could lead drivers to hold on to old gas guzzlers and called for hybrids to be given a longer leash ahead of a Group of Seven leaders summit in Japan.

Subsidies and restrictions targeting combustion cars will make EVs attractive for customers who can afford them, but gas-electric vehicles remain a better fit for other consumers, Gill Pratt, Toyota’s chief scientist and chief executive officer of the Toyota Research Institute, told reporters in Hiroshima on Thursday.