Toyota’s chairman and former CEO, Akio Toyoda, is at it again: providing the public with a dose of reality that electric vehicles will never dominate the global car market.
Toyoda, grandson of the founder of the world’s largest car manufacturer, expressed at a business event this month, as reported by The Telegraph , that EVs will never capture 30% of global market share. Toyota President Akio Toyoda gestures at a briefing on electric vehicle battery strategies at the company’s showroom in Tokyo, on Dec. 14, 2021. (Behrouz Mehri/AFP via Getty Images) He explained that petrol-burning vehicles and hybrids, along with hydrogen fuel cell vehicles, will dominate.
Toyoda made the point: How can EVs be the future when a billion people on Earth have no electricity?
Data from Statista shows nearly a billion people in the world are living without electricity. He noted: “Customers — not regulations or politics — should make […]
Read the Whole Article From the Source: www.zerohedge.com
It’s becoming increasingly clear that fiat currencies across the globe, including the U.S. Dollar, are under attack. Paper money is losing its value, translating into insane inflation and less value in our life’s savings.
Genesis Gold Group believes physical precious metals are an amazing option for those seeking to move their wealth or retirement to higher ground. Whether Central Bank Digital Currencies replace current fiat currencies or not, precious metals are poised to retain or even increase in value. This is why central banks and mega-asset managers like BlackRock are moving much of their holdings to precious metals.
As a Christian company, Genesis Gold Group has maintained a perfect 5 out of 5 rating with the Better Business Bureau. Their faith-driven values allow them to help Americans protect their life’s savings without the gimmicks used by most precious metals companies. Reach out to them today to see how they can streamline the rollover or transfer of your current and previous retirement accounts.