Toyota's New President Pledges Aggressive Push for Electric Vehicles and Carbon Neutrality

Toyota's new president, Koji Sato, has promised an aggressive shift towards electrification, acknowledging criticism that the automaker has fallen behind in actual volumes of electric vehicles sold compared to its rivals. Sato stressed that future EV models would be truly "Toyota-like," pointing to a high standard for quality and not just affordable pricing. Toyota is a leader in hybrids, and Sato defended the automaker's record on other gas-sipping technologies. The company's entire production system must be revamped to make quality EVs befitting the Toyota or Lexus nameplates, he said.