Akio Toyoda, Chairman of Toyota Motor Corporation (NYSE: TM), reportedly emphasized that achieving carbon neutrality won't be possible with just one solution, given the challenges in the electric vehicle sector, including a noticeable dip in U.S. demand.
With EV sales losing steam in the U.S. and a noticeable shift of consumers toward hybrid vehicles, Toyoda might be experiencing an "I told you so" moment, according to a news report by The Wall Street Journal.
"There are many ways to climb the mountain that is achieving carbon neutrality," Toyoda told a small group of reporters at the Japan ...