Like I said years ago..Toyota had this figured out from the start.
He's outdated... Toyota needs fresh ideas and new tech, not retreads.
Like I said…Toyota has this more figured out than the others….build things people want…not what the government tells you to….
The world’s top carmaker got mocked for rejecting EV hype—not anymore. ‘I want to congratulate Toyota’
Toyota was skeptical of electric vehicles back when that wasn’t fashionable. In October 2022, for instance, then-CEO Akio Toyoda
said that EVs “are just going to take longer than the media would like us to believe.” As other big carmakers made bold proclamations about when they go all electric, Toyota refused to play along, vowing instead to keep offering a wide array of powertrains and letting consumers decide for themselves.
“That’s our strategy and we’re sticking to it,” he insisted, vowing to focus on hybrids, which this carmaker pioneered with the release of the Prius in Japan in 1997, and three years later in the U.S. Since then, the Japanese giant has steadily increased its hybrid offerings.
Toyota’s stance was not a good look at the time—and it didn’t go over well.
“Toyota is not correctly responding to calls from the market to take a lead in electric vehicles,” Satoru Aoyama, senior director at Fitch Ratings,
told the
Financial Times, warning the carmaker could “lose investor confidence.”
Environmentalists were none too pleased, either. “The fact is: a hybrid today is not green technology,”
blogged Katherine Garcia, director of the Sierra Club’s Clean Transportation For All campaign. “The Prius hybrid runs on a pollution-emitting combustion engine found in any gas-powered car…Rather than invest in EVs, though, Toyota is putting corporate profits and the status quo over tackling the climate crisis.”
https://www.msn.com/en-us/money/com...31&cvid=51419e619a50456ea632545866c9dbb4&ei=3
