Continuing to be the world’s best-selling automobile company Toyotanew internal combustion engines is developing.
Toyota, is developing new internal combustion engines because the company does not believe that the electric future will be the only solution. The old one who made a statement on this subject Toyota CEO Akio Toyoda, “The need for electric vehicles is greatly exaggerated.” he says and adds: ““The path to carbon neutrality fundamentally depends on the energy production status of countries.” If Toyoda was before this “Electric vehicles will only reach 30 percent market share.” He made a splash on the agenda with his statement. famous manager does not accept a future in which only electric vehicles exist in the automobile industry And He argues that internal combustion models must survive. Toyoda, who frequently states that vehicles with cleaner internal combustion engines can be produced, said in his statement in recent months: “No matter how much progress BEVs (Battery Electric Vehicles) make, hybrids, fuel cell electric vehicles and hydrogen powered vehicles will still He believes that it will constitute 70 percent of the automotive market.“ he had stated. In other words, many people agreed with the famous executive who thought that electric vehicles could not achieve a market share of more than 30 percent, because there were millions who did not believe in the future of electric vehicles.
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Before that, it announced its 2024 production target. Toyotahad closed the door on a cheap compact electric car model. As stated here The Japanese manufacturer announced its new year production target and details in the notification sent to its parts suppliers. According to this Toyota In total at the global level in 2024 It aims to produce 10.3 million vehicles. In this respect, “If the target is achieved, this will be Toyota’s largest annual global vehicle production ever.” It is said that the brand is also sad these days.cheap electric vehiclevoice with news brings. In its statement, the brand states that they are not yet working on a small-sized and very low-priced electric car. In other words, there will be no compact electric product coming from the company anytime soon at the level of 20-25 thousand dollars. The company will only make this a reality when it significantly reduces the battery cost.