Toyota’s current CEO, Akio Toyoda, the grandson of the founder of Toyota, Kiichiro Toyoda, oversaw the development and production of many of these models, even before he was named the CEO of the company. Toyota had, under Akio’s leadership, reached new heights, and both the fanbase and model pallet grew larger and much more varied. Since he became the CEO back in 2009, Toyota has saturated the hybrid market that it itself kickstarted, and Toyota has continually been the leader in terms of sales when for both hybrids and petrol-powered cars for the past twenty years. Also, the brand even experienced a sort of renaissance under his leadership, as Toyota started making a couple of their legacy sportscars, like the Toyota Supra Mk5, and the GT86 and GR86, both of which are spiritual successors to the vastly popular AE86 Corolla, one of the first truly affordable Japanese enthusiast cars. All of these cars were massive hits, as Akio, who is a major gearhead himself, was also a seasoned racecar driver, and could therefore fully understand the market and what it wanted. However, Toyota has yet to conquer the world of EVs. Unfortunately for Toyota’s eager fans, the 66-year-old has been very quiet in the past when it comes to EVs and Toyota’s possible involvement in the EV market. Even though they’ve technically entered the market this April with the Toyota bZ4X, a single model won’t be enough to do any significant damage to their rivals. Not only that, but Toyota seems to primarily continue funding the development of their hybrid vehicles, seemingly with no intention of straying away from internal combustion engines anytime soon.
in today’s video, we will take a look at the Toyota CEO’s recent statement that shocked everyone
