According to its chief, Toyota isn't a company that takes a one-size-fits-all approach to its products.
Although more and more major automakers are diving deep into the world of electric vehicles, Toyota continues to remain cautious.
Toyota is among the world's biggest automakers, and the most profitable, though it has dragged its feet in the area of EVs, preferring to focus on hybrids as its primary solution for reducing emissions.sale of vehicles with internal-combustion engines , Toyota has no intention of going all in on EVs. The stance was reaffirmed by Toyota President Akio Toyoda on Wednesday in a speech marking 60 years of operations in Thailand, where Toyota also showed off an electric truck concept based on the“I am often criticized in the press because I won't declare that the automotive industry should commit 100% to BEV,” he said.
Toyoda compared the rush to EVs as similar to companies a few years back promising we'd all be riding around in self-driving cars by now. He said EVs, like self-driving cars, will take longer to become mainstream than most pundits proclaim. He also said Toyota isn't a company that takes a “one-size-fits-all approach” to its products and that there are alternative solutions for meeting carbon neutrality goals. At Toyota, some of these solutions include
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