Toyota continues its obstruction instead of looking for solutions.
Tim Kelly and Nick Carey / Reuters »
Large parts of the world are not ready for zero-emission vehicles, which is why Toyota Motor Corp (7203.T) did not sign a pledge this week to phase out fossil-fuel cars by 2040, the world’s largest automaker said o Thursday.
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“In many areas of the world such as Asia, Africa, Middle East … an environment suitable for promoting full zero emission transport has not yet been established,” the spokesperson said. “We think it will take more time to make progress…; thus, it is difficult for us to commit to the joint statement at this stage.”