In a surprise move that defies the industry trend, Toyota's top executive has signaled that the company will not be abandoning its petrol and hybrid powertrains in favor of electric vehicles (EVs). Despite growing pressure to transition to all-electric models, Toyota's CEO remains committed to its existing range of fuel-efficient options, citing the need for a more nuanced approach to reducing emissions. The move is likely to be met with skepticism by environmentalists, who have been pushing for a faster shift to EVs. Meanwhile, Toyota's decision may also give other manufacturers pause, as the industry grapples with the challenges and costs of transitioning to an all-electric lineup.
Toyota boss shuns ditching petrol, hybrid power in switch to EVs drive.com.au