According to its chief, Toyota USA isn't a company that takes a one-size-fits-all approach to its products.
Although more and more major automakers are diving deep into the world of electric vehicles, Toyota continues to remain cautious.
Toyota is among the world's biggest automakers, and the most profitable, though it has dragged its feet in the area of EVs, preferring to focus on hybrids as its primary solution for reducing emissions.
However, even with governments proposing, and in some cases confirming, plans to ban the sale of vehicles with internal-combustion engines, Toyota has no intention of going all in on EVs. The stance was reaffirmed by Toyota President Akio Toyoda on Wednesday in a speech marking 60 years of operations in Thailand, where Toyota also showed off an electric truck concept based on the Hilux global mid-size pickup.
CREDITS:
Article by Motor Authority
Video by CNBC