Toyota CEO: 'This NEW Engine Will Destroy The Entire EV Industry!'

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Toyota, the world’s largest automaker, is facing mounting pressure from the surging electric vehicle (EV) industry and an influx of new competitors. But Toyota isn’t backing down. In a bold move to maintain its dominance, the company has unveiled a revolutionary new engine that could reshape the future of transportation. Is this Toyota’s secret weapon to outsmart the EV boom? What makes this engine so groundbreaking?

In 2023, Toyota achieved record-breaking sales of 11.2 million vehicles, but electric cars made up less than 1% of that total. Unlike other automakers rushing to go fully electric, Toyota is betting on a diverse approach—combining hybrids, hydrogen power, and fuel cell technology to meet consumer demand. Join us as we dive into Toyota’s latest innovation, its potential to disrupt the EV market, and why the company believes the future of mobility isn’t one-size-fits-all.

Stay tuned to uncover the technology that could change the automotive industry forever!

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Why engineering such a complex motor to try avoiding the collapse of ICEs when an electric motor is so simple. Not to mention that electrification of transportation gets even much further than just transportation. And battery technology is moving at such a high pace.

leevuong
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It’s odd, that more and more car makers are developing hydrogen cars. Adoption of electrics are declining.

philbickel
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If they've solved the technical problems, this could be a game changer. COULD, not will.

lokai
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Toyota is 13% of my car tech stocks. I feel their take is wrong. Old tech ICEs, including H2, are too expensive because of their antiquated complexity. EVs are on the steep part of their s-curve cost reduction. Battery capability is now superior to ICEs capability.
I will decrease my TM portion of my stocks this year.
H2 is an expensive mistake.

atanacioluna
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Toyota has been flogging vapourware online for years.

joem
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The legacy auto makers engines is dead, the hydrogen is complicate and expensive.

EliBel-uy