Toyota chairman Akio Toyoda has predicted that battery-powered electric vehicles will only make up 30% of the global market share.
Petrol-powered cars as well as hybrid and hydrogen fuel cars will make up the rest of the market, Toyoda told a business event this month, the Telegraph reported.
Toyoda added that limiting consumer choices and ability to travel by making expensive cars is not the answer.
He said: “Customers — not regulations or politics — should make that decision.”
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