Akio Toyoda has long maintained that plug-in electric cars are not the only solution. Now he has been re-elected as Toyota's chairman of the board.
He has been both managing director and chairman of the board. And now Akio Toyoda will remain in the latter chair a little longer.
Toyota has re-elected Toyoda, who is the grandson of the car brand's founder Kiichiro Toyoda, as chairman of the board.
The car brand itself states this in a press release .
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– If we don't know what the right answer is, we can start by doing what we think is best, Akio Toyoda said, according to AP News, about his open approach to what cars will be able to do in the future.
On previous occasions, Aiko Toyoda has stuck to the same philosophy. The Japanese, who is now 68 years old, has, among other things, said that the electric car will not account for more than 30 percent of the car market globally.
Nor does Toyoda believe that the internal combustion engine is the enemy. On the other hand, the CO2 that the engine type emits can be combated in other ways than the ban that the EU wants to see through in 2035.
However, Akio Toyoda was not completely free of criticism at the general meeting, where he was re-elected. Among other things. urged shareholder Deutsche Börse Group to vote against Toyoda because he plays a role in the latest scandal, in which Toyota has admitted fraud with a number of cars. Read more about it here.
At the general meeting, both the chairman of the board and the managing director Koji Sato had to apologize for the fraud. But that did not change at the re-election.
In 2023, Toyoda was re-elected to the same post with 85 percent of the vote. However, it was a drop from the 96 percent support he received in 2022. This year's vote percentage has not yet been calculated.
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