"Toyota Chairman Casts Doubt on EV Market Future, Predicts Limited Adoption"

Toyota's chairman, Akio Toyoda, expressed doubts about electric vehicles (EVs) ever reaching 30% of the global market share, citing electricity access issues in parts of the world. The company has been hesitant to fully adopt EV technology, focusing on hybrids and exploring hydrogen fuel cell vehicles instead. Recent market trends show a slump in EV demand, with used Tesla prices falling and companies like Ford adjusting their EV production strategies.