Monthly Archive: October 2024

Toyota exec says shift to EVs will lead to job losses

Toyota CEO Akio Toyoda at Woven City groundbreakingEliminating internal-combustion engines would also eliminate many jobs related to engine-related technology, Toyota chairman Akio Toyoda told Reuters and other media Thursday. "If electric vehicles simply become the only choice, including for our suppliers, those people's jobs would be lost," said Toyoda, who previously held the job of CEO and is...