EV Skeptic Toyota Chairman Says People Are 'Finally' Waking Up to Reality of Electric Vehicles

“Toyota's chairman and former CEO, Akio Toyoda, told reporters at an auto show in Japan this week that waning demand for electric vehicles (EV) is a sign that people are waking up to the reality that EVs aren't the silver bullet against the supposed ills of carbon emissions they're often made out to be.

‘People are finally seeing reality’ about EV technology.

His remarks came as demand growth for EVs in various markets has slowed, leading some companies to dial back their electrification plans.

Honda and General Motors announced on Wednesday that they were scrapping a $5 billion plan to develop EVs together, while GM said on Tuesday that it was slowing its electrification strategy.”

Full Story: https://bit.ly/40l7t0w

https://x.com/thechiefnerd/status/1717977498011455822

@ChiefNerd