Reported 3 months ago
Despite facing criticism for years, Toyota's hybrid cars are now thriving and gaining acceptance, especially with the success of the hybrid Camry model. Analysts had previously underestimated the demand for hybrid vehicles, with Toyota making record profits from them. Toyota's CEO Akio Toyoda's predictions about the future of electric cars have been validated as hybrid cars continue to outperform in the market. Toyoda emphasizes the importance of offering a variety of sustainable vehicle options beyond just electric cars to achieve carbon neutrality, such as hybrid and hydrogen fuel cars, while also focusing on developing new engines and components for the automotive industry.
Source: YAHOO