It is Risky to Only Pursue EVs, Toyota Chief Says

Toyota Motor Corp chief Akio Toyoda said he is among a silent majority in the auto industry who are questioning whether electric vehicles (EVs) should be pursued exclusively, The Wall Street Journal reported.

“That silent majority is wondering whether EVs are really OK to have as a single option,” Toyodo said in the report. Securing parts and raw materials for batteries remains a major concern and had caused soaring EV prices this year, it said.

Read the full report: The Wall Street Journal

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Alfie Habershon

Alfie is a Reporter at Asia Financial. He previously lived in Mumbai reporting on India's economy and healthcare for data journalism initiative IndiaSpend, as well as having worked for London based Tortoise Media.