Toyota Chairman Akio Toyoda emphasizes the significance of a multi-energy strategy to address carbon emissions in the automobile industry. While electric vehicles (EVs) have garnered substantial support globally, including in countries like India, Toyoda argues that a singular focus on EVs may not be the most effective solution. He points out that the majority of electricity for EVs is generated by thermal power plants, potentially increasing overall carbon emissions. Toyota advocates for a diversified approach, offering options like hybrids, plug-in hybrids, hydrogen fuel cells, and EVs. Despite the growing popularity of EVs, Toyota remains cautious and believes that the hybrid route is essential for achieving carbon neutrality. The company stresses the importance of considering the environmental impact of electricity production and the challenges related to setting up and maintaining charging infrastructure. In regions like Uttar Pradesh, India, where incentives are provided for hybrids, Toyota sees them as a practical alternative to internal combustion engines (ICE) due to their affordability and the absence of range anxiety. Toyoda's interview underscores the need for a holistic approach to combat carbon emissions, with a particular emphasis on the diverse options available in the auto sector. By promoting hybrids and highlighting the drawbacks of a sole reliance on EVs, Toyota aims to contribute to a more sustainable and environmentally conscious future in the automotive industry.