News about Akio Toyoda

The recall covers several Toyota Tundra pickups and Lexus LX 600 SUVs from the 2022 to 2024 model years. Toyota said on Wednesday that certain aspects of the vehicles' automatic transmissions would not immediately disengage when they went into neutral.

Ford has announced that it will cut investment on EVs because it can't sell enough to offset costs, after saying that it lost $47,000 on each electric car it sold last year. Jim Farley, Toyota's CEO, announced on Tuesday that the company would instead increase investment in hybrid cars, a long-favored feature by the drivetrain's godfather. Toyota has been a vocal proponent of hybrid cars since the Prius was released more than 25 years ago and remains adamant against electric vehicles. That caution may have been beneficial.

The Society of Motor Manufacturers and Traders reported in January that this 'historic milestone' was achieved in January, with all-time electric vehicle sales in the UK exceeding 1,001,677 units by the end of January 2024. It comes at a pivotal time for the industry as a result of a significant decrease in demand for EVs, which saw only one out of 11 private buyers opt for a battery-powered vehicle last year.

Who do you trust more: engineers or politicians? This is an especially critical issue when all the Western world's governments have agreed to 'net zero carbon dioxide emissions.' Many of those companies want to hear, but Akio Toyoda, who last week was the second industrialist to tell the bald truth.

Akko Toyoda (pictured), Toyota's chairman, expects that combustion engines, as well as hybrids and hydrogen fuel cells, would play a vital role in the future. When a billion people worldwide live without electricity, Toyoda, whose grandfather founded Toyota in Japan in 1937, said that the switch to battery electric cars, also known as BEVs.

Battery-powered cars will only be able to account for 30 percent of the global market, according to the company's chairman. His remarks have sparked questions about consumers' willingness to cooperate with net zero goals that have been set to solve the climate crisis. Traditional combustion engine cars, hybrids, and hydrogen fuel cell vehicles, according to Akio Toyoda, would make up the majority of the market. Since a billion people around the world live without electricity, the chairman - whose grandfather founded Toyota in Japan in 1937 - said that the change to electric cars was not the solution. Electric cars will never dominate the automobile market, according to the chairman of the world's biggest car manufacturer Toyota

People want the freedom to buy a gas powered or hybrid rather than being forced into battery-powered electric vehicles, according to Toyota's chairman. During a company press conference in Japan, the former CEO reiterated the company's'multi-pathway' strategy, which would involve producing various types of vehicles for various customers. Toyoda's opinion carries weight - he is the grandson of Toyota's founder and was CEO from 2009 to 2023

Although battery-powered vehicles have dominated the late model, many see hydrogen cars as the long-term answer, like BMW's latest iX5 (pictured). There are two ways to convert hydrogen to power vehicles in seconds during rapid refuelling. The first step is to heat the hydrogen gas in a converted internal combustion engine.

Toyota HiLux enthusiasts have long been waiting for the company to produce an electric-powered version, while an Australian company has confirmed that they are in negotiations with the Japanese auto giant that may see an EV model on sale next year. However, if the cost of converting HiLux utes (left and top right) to battery power is anything to go by, the final price tag will be prohibitive. It's also likely that the limited-edition electric-powered HiLuxs would be mainly exported to mining and government fleets.