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Toyota CEO Doubts Single-Option EV Future, Advocates for Diverse Powertrain Development

Toyota CEO Akio Toyoda has stated that he is part of the “silent majority” within the automotive industry that is unsure whether electric vehicles (EVs) are the sole solution for the future. He believes that a range of powertrain technologies, including hybrids, plug-in hybrids, hydrogen-powered and battery-electric vehicles, should be developed. Despite the fact that many major car manufacturers have made commitments to EVs, Toyoda has previously expressed his belief that they are not the only way to achieve carbon neutrality. He has argued that carbon, rather than a particular powertrain, is the real enemy and that a full portfolio of carbon-reducing options, including hybrids and fuel cell vehicles, should be offered to customers.

  • Toyota CEO Akio Toyoda believes that electric vehicles (EVs) are not the only solution for the future of the automotive industry.
  • Toyoda supports the development of a range of powertrain technologies, including hybrids, plug-in hybrids, hydrogen-powered, and battery-electric vehicles.
  • He believes that carbon, rather than a particular powertrain, is the real enemy and that a full portfolio of carbon-reducing options should be offered to customers.
  • Toyoda considers himself part of the “silent majority” within the industry that is unsure whether EVs are the sole solution for the future.

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