PHOTO CAPTION: Tesla Roadster similar to that given Toyota president.

Toyota Offers Cautious Appraisal on Electric Car Outlook

Elon Musk gives Tesla Roadster to Akio Toyoda.

Published: 16-Jan-2011

TOKYO (AFP) - – Toyota president Akio Toyoda on Friday offered a cautious outlook on the market for environmentally friendly electric vehicles that rivals are scrambling to produce.

Toyoda, in a joint media event in Tokyo with US electric carmaker Tesla Motors, said the future of the electric vehicle market remained unclear, with the creation of a convenient recharging system being a major obstacle.

"At any time, customers and the society decide (the market trend). Honestly, I don't know how the market will shape up," Toyoda told reporters.


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