Tag: Toyota
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The Skepticism of Toyota’s CEO on Electric Vehicles
Akio Toyoda, the CEO of Toyota and grandson of Kiichiro Toyoda, who started the auto division of the family business, has been skeptical about electric vehicles (EVs) for some time. He has questioned their environmental friendliness and highlighted the cost of decarbonization for the auto industry and consumers. In December 2020, Toyoda warned that a…
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Akio Toyoda’s Skepticism Towards Electric Vehicles and Its Impact on Toyota
Akio Toyoda, the CEO of Toyota and grandson of Kiichiro Toyoda, who started the auto division of the family business, has been vocal about his skepticism towards electric vehicles (EVs) and the rush to decarbonization. He has questioned the environmental benefits of EVs and highlighted the potential negative impact on the auto industry and jobs.…