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A complete transition to EVs is inevitable whether we like it or not. When enthusiasts complain about moving to electric vehicles, it’s one thing; but when an automaker says the same, it isn’t exactly the right thing.

Toyota’s CEO, Akio Toyoda, recently said that electric vehicles are overhyped and could cost hundreds of billions of dollars to make the switch. This, coming from the CEO of a company that hasn’t been at the forefront of electrification sounds like a case of sour grapes, doesn’t it?

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