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Toyota: An All-Electric Car by 2012

Without a US energy Policy, all these electric and hybrids will have no acceptance if gas stays at $3 or so. Note the Prius lost 53% in December. Obviously, Toyota did not see the $1.50 gas prices coming, just like the domestics did not see the $4 gas coming.
Also, battery pack replacement costs predicted for hybrids/electrics is in the neighborhood of $5 to $10,000. How many consumers are going to pay that kind of money for a 5 to 6 year old vehicle, to continue using the elecrical portion of the powertrain?
Many will just revert to the gas engine as their sole powertrain at that juncture.