Toyota Director, Shigeki Terashi recently revealed its plans to focus on all types of
powertrains, rather than just focussing on EVs and going all-electric. Many manufacturers, including Honda, have announced that their model line-up will consist of only Electric Vehicles in the future. Terashi stated that there would be a need to offer multiple powertrain options till 2050, and not just Electric Vehicles. Toyota will focus on combustion engine powered vehicles, as well as Hydrogen Fuel cell-powered vehicles along with EVs.