Toyota was skeptical of electric vehicles back when that wasn’t fashionable. In October 2022, for instance, then-CEO Akio Toyoda said that EVs “are just going to take longer than the media would like us to believe.” As other big carmakers made bold proclamations about when they would go all electric, Toyota refused to play along, vowing instead to keep offering a wide array of powertrains and letting consumers decide for themselves.
“That’s our strategy and…
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