Toyota’s Hybrids-First Strategy Is Up To 5 Times As Harmful For The Environment As EVs

A few years back, as the bulk of the global auto OEMs were devising elaborate electrification plans, Toyota stood out for its reticence to jump on the EV bandwagon, even managing to win a vindication of sorts recently as the EV market slumped while Toyota and its dealers staged a coup by capturing a major chunk of the total new car gross margin in the US. This hybrids-first strategy, however, comes at a huge environmental cost. Toyota Remains Reluctant To Adopt EVs In the quarter that ended on the 30th of June, 2024, around 43 percent of Toyota's total sales […]

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