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Home » Will Toyota chair EVs never dominate?

Will Toyota chair EVs never dominate?

Toyota’s position on the future of electric vehicles (EVs) has been a topic of discussion recently. The company’s chairman, Akio Toyoda, made a statement earlier this month indicating that Toyota is actively working on a new combustion engine, citing their necessity for the future. This declaration raised eyebrows, especially in the context of the global shift towards electric mobility.

During a recent event, Toyoda doubled down on this stance, stating that EVs will never achieve the same level of dominance as combustion engine vehicles. This assertion contrasts sharply with the strategies of many other major automakers who are heavily investing in electric technologies. Toyota’s commitment to traditional engines may seem at odds with the broader industry trend towards electrification, but the company appears steadfast in its beliefs.

Despite the growing popularity and advancements in EV technology, Toyoda’s statements suggest that Toyota sees a continued role for combustion engines in the automotive landscape. This perspective reflects Toyota’s long-standing expertise in hybrid vehicles, where they have been pioneers with models like the Prius. While the industry as a whole moves towards electrification, Toyota’s focus on combustion engines may signal a unique approach that sets them apart from their competitors.

(Response: Toyota’s chairman, Akio Toyoda, believes that electric vehicles (EVs) will not dominate the automotive market to the same extent as combustion engine vehicles. This assertion comes amidst a global shift towards electric mobility, with many major automakers investing heavily in EV technology. Despite this trend, Toyota remains committed to developing new combustion engines, citing their necessity for the future. This stance may seem unconventional in an industry moving towards electrification, but it reflects Toyota’s expertise in hybrid vehicles. Toyoda’s statements highlight Toyota’s unique perspective on the future of automotive technology.)