Toyota CEO: "Elon Musk Will Crap His Pants When He Sees This NEW Motor!"

Toyota has made its mark as the world’s largest manufacturer of automobiles, but recent advancements in the electric vehicle industry and the fast growth of new automobile companies have posed a threat to Toyota’s influence in the market. In response to his threat, Toyota just developed a new engine to completely destroy its competitors and the fastgrowing EV industry. What makes this engine special? How will it shape the automobile industry? Join us as we unveil this new engine that will destroy the entire electric vehicle industry!

Toyota sold more cars in 2023 than ever before, but electric vehicles had a rather small impact on its growth. Out of the 11,233,039 vehicles delivered by the Japanese conglomerate, only about 104,018 were electric vehicles. In general, just about 0.926 percent of the cars sold by Toyota and other automobile companies like Lexus last year were battery EVs. Considering that, the company reckons there's still a need for combustion engines.

The company chairman believes people should have a choice rather than be forced to buy electric vehicles. During a speech in front of 200 corporate managers and executives, Chairman Akio Toyoda proclaimed ongoing plans for a "major engine development project." His statement reaffirms an announcement made at the 2024 Tokyo Auto Salon, where he took great advantage of the opportunity to tell everyone that they will keep doing engines.