Akio Toyoda Archives - TechGoing https://www.techgoing.com/tag/akio-toyoda/ Technology News and Reviews Fri, 26 Jan 2024 04:18:38 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.4 Elon Musk responds to Akio Toyoda saying electric vehicles account for 30% of sales https://www.techgoing.com/elon-musk-responds-to-akio-toyoda-saying-electric-vehicles-account-for-30-of-sales/ Fri, 26 Jan 2024 04:18:37 +0000 https://www.techgoing.com/?p=162305 A few days ago, Toyota CEO Akio Toyoda once again made negative remarks about electric vehicles. At a recent business event, Akio Toyoda said, “No matter how much progress electric vehicles make, hybrid vehicles, fuel cell electric vehicles, etc. Automobiles and hydrogen fuel vehicles will still account for 70% of market sales.” In other words, […]

The post Elon Musk responds to Akio Toyoda saying electric vehicles account for 30% of sales appeared first on TechGoing.

]]>
A few days ago, Toyota CEO Akio Toyoda once again made negative remarks about electric vehicles. At a recent business event, Akio Toyoda said, “No matter how much progress electric vehicles make, hybrid vehicles, fuel cell electric vehicles, etc. Automobiles and hydrogen fuel vehicles will still account for 70% of market sales.” In other words, Toyoda predicts that electric vehicles will only account for 30% of the overall sales of the future automobile market.

Toyota said that what kind of powertrain to use is determined by customers and the market, not by regulators or governments. This is why Toyota promotes multiple power sources around the world.

Akio Toyoda believes that due to charging facilities, about 1 billion people in the world cannot use electric vehicles, so electric vehicles cannot be accepted by everyone. Toyota’s mission is to reduce carbon emissions, but it doesn’t necessarily have to convert to electric vehicles. He also complained that the media did not explain clearly why electric vehicles are the best option for the future.

Previously, we also conducted relevant electric vehicle surveys in Japan and gradually understood Akio Toyoda’s relevant remarks.

Regarding Akio Toyoda’s remarks, Tesla CEO Musk also responded, but his reply was very simple, expressing helplessness and speechlessness. Previously, Elon Musk had warned that if traditional car companies did not quickly transform to electric vehicles, they would be eliminated, just like the film giant Kodak was abandoned by the digital era.

The post Elon Musk responds to Akio Toyoda saying electric vehicles account for 30% of sales appeared first on TechGoing.

]]>
Akio Toyoda: Electric vehicle market share can only reach 30% at most https://www.techgoing.com/akio-toyoda-electric-vehicle-market-share-can-only-reach-30-at-most/ Tue, 23 Jan 2024 19:44:09 +0000 https://www.techgoing.com/?p=161847 Akio Toyoda, chairman of Toyota Motor Corporation, recently predicted that the market share of pure electric vehicles is unlikely to exceed 30%. He believes consumers should have free choice when it comes to choosing alternatives to internal combustion engine vehicles. Toyoda Akio believes that multi-path transformation is necessary, including hydrogen fuel cell vehicles, hybrid vehicles […]

The post Akio Toyoda: Electric vehicle market share can only reach 30% at most appeared first on TechGoing.

]]>
Akio Toyoda, chairman of Toyota Motor Corporation, recently predicted that the market share of pure electric vehicles is unlikely to exceed 30%. He believes consumers should have free choice when it comes to choosing alternatives to internal combustion engine vehicles. Toyoda Akio believes that multi-path transformation is necessary, including hydrogen fuel cell vehicles, hybrid vehicles and internal combustion engine vehicles, to meet the diverse needs of different consumers.

It is noted that although many automakers have set ambitious electric vehicle sales targets, Toyoda remains skeptical about a rapid shift to electric vehicles. He believes that this transition will take longer than expected because consumers still have concerns about price, range anxiety and the overall experience that electric vehicles provide.

Despite his reservations about EV dominance, Toyoda acknowledged the importance of incorporating electrification into Toyota’s strategy. The company has pledged to sell 1.5 million fully electric vehicles per year by 2026 and 3.5 million by 2030. However, Toyota has also emphasized its commitment to hybrid powertrains and continues to invest in the development of new internal combustion engines, arguing that engines will continue to play an important role in the automotive industry.

Even as some industry forecasts for EV market share to grow significantly in the coming years, Toyota remains adamant that a diverse range of powertrains is crucial. By offering a range of options including hybrid and hydrogen fuel cell vehicles, Toyota aims to meet the needs of diverse customers around the world.

The post Akio Toyoda: Electric vehicle market share can only reach 30% at most appeared first on TechGoing.

]]>
Toyota CEO Akio Toyoda to step down in April, will open a new chapter of electric vehicles https://www.techgoing.com/toyota-ceo-akio-toyoda-to-step-down-in-april-will-open-a-new-chapter-of-electric-vehicles/ Fri, 27 Jan 2023 08:08:14 +0000 https://www.techgoing.com/?p=67194 The grandson of Toyota’s founder and current CEO of Toyota, Akio Toyoda, announced that he will officially leave the company on April 1 of this year and be replaced by Lexus head Hiroshi Sato. Toyota said that with the departure of Akio Toyoda, the company may have the opportunity to turn over a new leaf […]

The post Toyota CEO Akio Toyoda to step down in April, will open a new chapter of electric vehicles appeared first on TechGoing.

]]>
The grandson of Toyota’s founder and current CEO of Toyota, Akio Toyoda, announced that he will officially leave the company on April 1 of this year and be replaced by Lexus head Hiroshi Sato.

Toyota said that with the departure of Akio Toyoda, the company may have the opportunity to turn over a new leaf and move in a new direction. Toyota is reportedly developing a new pure electric vehicle platform to improve the competitiveness and efficiency of its electric vehicles and to reduce production costs.

The decision is part of Toyota’s plan to begin mass production of electric vehicles, as the company expects consumer demand for electric vehicles to increase rapidly amid sharply rising oil prices. Toyota’s new strategy, which is designed to put the company in direct competition with electric vehicle industry leader Tesla, marks a major shift in the company’s electrification strategy, as does Toyota’s announcement of a major administrative reorganization of its management chain of command, the Asahi Shimbun noted.

The announcement had few details but caused a stir when it was made. Many executives praised Akio Toyoda’s dedication to his job and wished him well as he leaves in April, but the brand’s future remains uncertain.

In fact, Toyota’s first pure electric production model, the bZ4X, uses its TNGA modular ICE platform and has not developed a new set of pure electric vehicle architectures.

Previous sources said that Toyota initially intended to use the e-TNGA platform for other pure electric models, but now seems to have changed its mind because it would result in higher manufacturing costs for Toyota’s electric cars than Tesla.

According to the Asahi Shimbun, Toyota internally believes that if it continues to use the e-TNGA platform, it won’t be able to generate significant profits from electric vehicles and compete with Tesla — so it has decided to design an electric vehicle-specific architecture from scratch.

The post Toyota CEO Akio Toyoda to step down in April, will open a new chapter of electric vehicles appeared first on TechGoing.

]]>
Akio Toyoda once again questioned electric vehicles, once said that pollution is greater than fuel vehicles https://www.techgoing.com/akio-toyoda-once-again-questioned-electric-vehicles-once-said-that-pollution-is-greater-than-fuel-vehicles/ Wed, 04 Jan 2023 16:43:34 +0000 https://www.techgoing.com/?p=61262 The gasoline-electric hybrid HEV and hydrogen fuel cell vehicle FCV that Toyota has devoted to research for decades have even been skipped directly in the current era of vehicle electrification, and have not been widely promoted and applied. This may also be the reason why Toyota is unwilling to directly transform into the electrification era. […]

The post Akio Toyoda once again questioned electric vehicles, once said that pollution is greater than fuel vehicles appeared first on TechGoing.

]]>
The gasoline-electric hybrid HEV and hydrogen fuel cell vehicle FCV that Toyota has devoted to research for decades have even been skipped directly in the current era of vehicle electrification, and have not been widely promoted and applied. This may also be the reason why Toyota is unwilling to directly transform into the electrification era. For this reason, Akio Toyoda, the head of Toyota, has expressed doubts about electric vehicles more than once.

Recently, Akio Toyoda once again questioned pure electric vehicles. He said that “electric vehicles are not the only way to achieve the world’s carbon neutral goal.”

Akio Toyoda believes that consumers and automakers are also skeptical that electric vehicles will completely achieve the world’s carbon neutrality, but they are unwilling to express their views publicly. They just think this is a trend, so they dare not speak out.

Toyoda continued to call for increased energy diversity in future cars, promoting the potential role of hydrogen and biofuels.

In addition, Akio Toyoda also said that Toyota Motor Corporation should be a company that provides abundant powertrains. If customers only buy products with a single power source, the value of car companies will be reduced. Akio Toyoda also expressed concern about whether the basic charging facilities can meet the needs of large-scale use of electric vehicles around the world.

Previously, Akio Toyoda had publicly stated in Japan that he was dissatisfied with the “electric vehicle revolution” that is currently emerging.

He said that pure electric vehicles will actually bring more pollution because in some places, electricity is mainly supplied by burning coal and natural gas. A lot of businesses will die, and a lot of investment money will go down the drain. He finally warned that if the government decides to end fuel vehicles so early, our current business model will collapse.

The post Akio Toyoda once again questioned electric vehicles, once said that pollution is greater than fuel vehicles appeared first on TechGoing.

]]>
Akio Toyoda questions full electrification: whether it should be desperate to pursue electric vehicles https://www.techgoing.com/akio-toyoda-questions-full-electrification-whether-it-should-be-desperate-to-pursue-electric-vehicles/ Tue, 20 Dec 2022 07:13:20 +0000 https://www.techgoing.com/?p=55992 Toyota Motor Corporation President Akio Toyoda said that he is one of the silent majority in the auto industry who questions whether it should only pursue electric vehicles. With so many automakers investing heavily in electric vehicles right now, the transition to the EV era appears to be a certainty. But during a visit to […]

The post Akio Toyoda questions full electrification: whether it should be desperate to pursue electric vehicles appeared first on TechGoing.

]]>
Toyota Motor Corporation President Akio Toyoda said that he is one of the silent majority in the auto industry who questions whether it should only pursue electric vehicles.

With so many automakers investing heavily in electric vehicles right now, the transition to the EV era appears to be a certainty. But during a visit to Thailand, Toyoda appeared to lament the industry’s focus on the future of electric vehicles.

“The participants in the auto industry are basically the silent majority.” Akio Toyoda told reporters: “These most people are thinking, is it really okay to go all-in on electric vehicles? But they feel that this is the general trend, so Can’t say it out loud.”

Established automakers like General Motors and Honda have set goals for the full electrification of their vehicles, but Toyota has chosen to pursue a variety of vehicles, including hydrogen-powered vehicles and hybrids. Toyota has no Give timeline for the transition to full electrification.

Toyota’s president’s skepticism about electric vehicles has raised concerns among investors and consumers that the established automaker may be lagging behind in the development of electric vehicles. In key markets such as the United States, Toyota has been significantly slower than its rivals in rolling out all-electric models.

The post Akio Toyoda questions full electrification: whether it should be desperate to pursue electric vehicles appeared first on TechGoing.

]]>
Toyota CEO: California’s 2035 fuel car ban is unrealistic https://www.techgoing.com/toyota-ceo-californias-2035-fuel-car-ban-is-unrealistic/ Mon, 03 Oct 2022 15:42:34 +0000 https://www.techgoing.com/?p=33340 The United States of California announced a ban on the sale of all new gasoline vehicles from 2035. However, Toyota CEO Akio Toyoda is not optimistic about this plan. According to Automotive News, late last week, Akio Toyoda shared with reporters that it would be difficult to achieve electric vehicle goals like California’s. He believes […]

The post Toyota CEO: California’s 2035 fuel car ban is unrealistic appeared first on TechGoing.

]]>
The United States of California announced a ban on the sale of all new gasoline vehicles from 2035. However, Toyota CEO Akio Toyoda is not optimistic about this plan.

According to Automotive News, late last week, Akio Toyoda shared with reporters that it would be difficult to achieve electric vehicle goals like California’s. He believes that not enough people want an all-electric car yet.

Akio Toyoda cited the rushed pace of some automakers, adding that Toyota has no plans to rush out a lineup of pure electric vehicles like some rivals.

Toyoda also said it would be very difficult for only 50 percent of new car sales to be zero-emission vehicles by 2030, and advised against limiting the types of vehicles people buy. Toyota serves some 200 countries and territories around the world, which means it has to keep a close eye on market conditions and consumer demand, while some 1 billion people simply don’t have reliable electricity.

Akio Toyoda went on to talk about hydrogen being a good solution, something that Toyota has been developing for years. Akio Toyoda also touted the brand’s hybrids, noting that eight 40-mile plug-in hybrids could be produced for each 320-mile pure electric vehicle. He noted that this would be a better way to reduce carbon emissions.

Toyota invested billions of dollars last year as part of a plan to electrify its product line by 2030. Toyota plans to make about a third of its total global sales by the end of the decade to be pure electric vehicles. 30 pure electric vehicles will be launched by 2030.

The post Toyota CEO: California’s 2035 fuel car ban is unrealistic appeared first on TechGoing.

]]>