Toyota’s chairman warns that an electric vehicle (EV) future may mean massive job losses, especially in Japan, where the auto industry is vital to the economy. This shift challenges traditional engine production, putting many at risk as the industry moves toward EVs. Toyota, cautious on full EV adoption, remains invested in alternatives like hydrogen. While global EV sales continue rising, the company claims supply limits could hinder EV-only markets—a point disputed by experts. With competition rising, especially from China, the EV shift could reshape the global auto sector.

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