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Jun
13
Toyota committed to E85 & cellulosic ethanol
Filed Under alternative fuels, E85, E85 / Alt Fuels, E85 prices, hybrid, plug-in, technology
Toyota offers an E85 Tundra pickup
A story about Toyota’s new plug-in hybrid also shows that E85 will remain a viable alternative to gasoline as Americans look for ways to cope with the reality that cheap and easy oil has been relegated to the history books.
While Toyota gears up to produce millions of hybrids, the Japanese automaker is also pushing cellulosic ethanol and is offering E85 compatible vehicles in North America as part of its business strategy and effort to produce lower carbon emissions vehicles.
Toyota plans to build 1 million hybrids per year to meet consumer demand for the fuel saving vehicles and to position itself to survive in a tough automotive marketplace that has been reeling because of the daily increases in gasoline prices. Part of Toyota’s plan is a committment to build engines that will operative on alternative fuels — such as the E85-compatible flexible-fuel Tundra and Sequoia models that are sold in North America.
Writes Wired’s Chuck Squatriglia in Plug-in Hybrid Leads Toyota’s Drive Beyond Oil:
The company’s ambitious “low-carbon” agenda includes cranking out 1 million hybrids a year and eventually offering hybrid versions of every model it sells. In the short-term, Toyota says it will produce more fuel efficient gasoline and diesel engines and push alternative fuels like cellulosic ethanol and biodiesel. It’s also pumping big money into lithium-ion batteries. With fuel prices going through the roof and auto sales going through the floor because of it, Toyota president Katsuaki Watanabe says the auto industry has no choice but to move beyond petroleum.
“Without focusing on measures to address global warming and energy issues, there can be no future for our auto business,” he told reporters in Tokyo, adding, “Our view is that oil production will peak in the near future. We need to develop power train(s) for alternative energy sources.”
Watanabe’s reference to peak oil echoes that of GM CEO Rick Wagoner, who in explaining the company’s decision to shut down four truck factories said rising fuel prices and mounting demand for efficient cars are “structural, not cyclical.” In other words, the two biggest automakers in the world realize petroleum’s days are numbered.
More: Toyota to launch E85 versions for Tundra pickup and Sequoia SUV models
