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In remarks published on Toyota’s media site he said: “No matter how much progress BEVs make, I think they will still only have a 30% market share. Then, the remaining 70% will be HEVs , FCEVs , and hydrogen engines. And I think [combustion] engine cars will definitely remain.”
He also highlighted the importance of charging infrastructure for electric cars: “One billion people around the world live in spaces without electricity. In Toyota’s case, we get cars in those spaces as well, so a single BEV option provides transportation for everyone.
Akio Toyoda also highlighted Toyota’s strength in hybrids and the CO2 emissions relief they have facilitated in Japan. “What Toyota has that other corporations don’t are HEVs (hybrid vehicles),” he said. “Thanks to the arrival of HEVs in Japan 20 or 30 years ago, Japan was the only evolved country that had reduced its CO2 emissions by 23%. “
He gave the impression of expressing some frustration at the widespread belief in recent years that Toyota’s strength in hybrids has come at the expense of investments in BEVs. “However, no one, especially the media, is giving us an explanation,” he said. All I hear is, ‘Toyota is ahead of the curve when it comes to BEVs. ‘”
He added: “The important thing is not to convert to BEV or FCEV. The enemy is CO2. So, let’s all think about reducing CO2 right away.”
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