Personally, ever since 1985 I have owned and driven nothing but Toyotas. I have faith in them, because they have a proven record of dependability. Likewise I pay attention when Toyota Chairman Akio Toyoda speaks. His recent remarks published on the Toyota website echoed previous comments made by the executive, in which he stated that there is a better path to reducing carbon than the enforcement of electric vehicles.
“No matter how much progress [EVs] make, I think they will still only have a 30% market share. Then, the remaining 70% will be [hybrid vehicles], [hydrogen fuel-cell vehicles], and hydrogen engines,” Toyoda said, according to a translation provided by NewsMax.
Toyoda continued,
“[Gasoline] engine cars will definitely remain. This is something that customers and the market will decide, not regulatory values or political power.”
From BlazeMedia:
In 2022, the chairman also remarked on the auto industry having a “silent majority” who wondered “whether EVs are really OK to have as a single option.”
“One billion people around the world live in areas without electricity,” Toyoda reportedly said on the company’s site. “In the case of Toyota, we also supply vehicles to these regions, so a single [EV] option cannot provide transportation for everyone.”
“Do not deprive freedom of movement from any region, country, or income group,” the chairman exclaimed.
He concluded by saying that “Japan is the only developed country to have reduced CO2 emissions by 23%” through the use of hybrid vehicles.
The way I see it, we have a choice. Have faith and believe in what Akio Toyoda says, or believe and have faith in what Joe Biden says. Me? I am going to continue to go with someone who is the auto industry expert who says, ‘The market will decide.’
3/26/24