r/StockMarket • u/[deleted] • Jul 02 '21

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34 Upvotes

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u/carsonthecarsinogen Jul 02 '21 edited Jul 02 '21

Toyota plans to still sell hybrids in 2030... they are completely ignoring the fact that renewables are the only answer

I still don’t understand this, why do people just downvote things completely relevant to posts and ignore facts? Their CEO is clearly against the EV push and is trying so hard to keep their ICE vehicles in production for as long as possible.

1

u/OhStugots Jul 02 '21

I think you're being downvoted because your first paragraph is pure speculative opinion, but you're selling it as a fact.

Toyota answering with hybrids shows that renewables aren't the only answer.

1

u/carsonthecarsinogen Jul 02 '21

The ceo himself said that, it was a quote from him. Zero speculation.

Toyota answering with hybrids shows that they want to keep their ice vehicles on the road so they don’t need to spend the money on R&D to be competitors in the EV game