"Toyota Chairman Predicts Electric Vehicle Adoption to Peak at 30%"
TL;DR Summary
Toyota's chairman, Akio Toyoda, remains skeptical about electric vehicles, predicting that only 30% of cars on the road will be powered by batteries. He advocates for a "multi-pathway approach" and emphasizes customer choice over regulations. Despite criticism, Toyota's sales of hybrid vehicles have surged, outpacing EV growth in the U.S. and China. The company plans to offer 30 battery-powered EVs by 2030, but faces competition from other automakers with more aggressive EV plans.
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