Tag: 1 Toyota 2 Electric cars 3 Consumer choice

Toyota Chairman predicts that electric cars will only make up a maximum of 30% of the market, stating that consumers should have the final say. He emphasizes the importance of a multi-pathway approach, including hybrid and hydrogen-powered cars, and argues that electric cars have limitations due to cost, charging infrastructure, and lack of electricity in many areas. Toyota has focused on alternative technologies and recently announced the development of a new combustion engine. Despite slower electric car sales in the UK and Europe, the company's total vehicle production and sales continue to grow.