Toyota says that it isn't anti-EV, it's just 'being real' and responding to consumer demand as part of its 'multi-pathway' powertrain future.
It's no secret that Toyota is taking a cautious approach to EV adoption. As one of the largest purveyors of hybrid cars and a big proponent of hydrogen fuel-cell vehicles, the company hasn't committed to an all-EV future. This has led to a lot of debate within the industry as to whether or not Toyota is anti-EV, or if it just has a different outlook on the industry.
We want to be part of it. We're excited by it. We just don't see it as the golden bullet or the single golden bullet towards carbon neutrality. The multi-pathway is still our strategy, but we're excited to be coming into the BEV market. We know it plays a role. Hanley says that the market is what determines the future of vehicle capabilities, not car companies. His statement concludes that consumers will buy what works for them.