Shorting electric vehicles, this time on Right Angle.

Hi, I'm Scott Out with Bill Whittle and Stephen Green, this episode of Right Angle brought to you by the members of Bill Whittle.com.

And gentlemen, there was a story in the Wall Street Journal on December 18th that Akio Toyota, with a D, who is the president of the Toyota Motor Company, named after his family, sort of, has said that there is a

silent majority in the industry of automakers that don't believe that they should go all

in exclusively on electric vehicles.

And he said there are a silent majority who fear speaking out.

And the reason for that is, and I'll read the quote, because the right, here it is,

that's not the quote, let me get the right quote. Here we is. They think that it,

meaning electric vehicles going all in on electric fields, they think that

it's the trend so they can't speak out loud. And the story notes a couple of car companies that

have already made commitments to have complete lineup of nothing but electric vehicles by a particular

date, certain or two or three major automakers who've already committed to that.

And he said, Toyota's not going to do that because he thinks that they should explore all options,

including hybrid vehicles, including hydrogen vehicles, and who knows what else thereafter.

And Bill Whittle, I thought this was interesting.

One of my favorite lines from the story,

and he says it says a lot of wise things, but he said, look, the automakers need the profits from gasoline engines to be able to do the research development and production setup for

more experimental things like electric cars with smaller batteries and frankly finding enduring sources of battery material,

which is in a shortage state, or they're perceiving it's going to be in a shortage state very soon.

Electric vehicles are 6.5% of the new car market right now, but that's skewed by California.

That has really been driven by an outsized purchasing by Californians. There's one Illinois car dealer who says

that, yes, there's interest in electric vehicles, and he attributes that primarily due to the

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