People still need gas cars, most of the world cannot afford electric cars, and certainly lacks the infrastructure.<p>Whether or not you want electric cars, Toyota going "all in" on electric would imply throwing out cast amounts of revenue for decades - I thought the goal of a pension fund is to ensure that people have pensions?
Pension fund managers should stick to what they (pretend) to understand: investments. Electric cars have a ton of environmental issues - Lithium mining and related water consumption and CO2 release to name but a few. Toyota should be hailed for sticking to hydrogen instead.
Toyota is in the car business. Toyota is "all in" on making and selling cars. Toyota sells more cars than anyone:<p><a href="https://global.toyota/en/company/profile/production-sales-figures/202112.html" rel="nofollow">https://global.toyota/en/company/profile/production-sales-fi...</a><p><a href="https://www.motor1.com/news/563816/toyota-beats-vag-2021-sales/" rel="nofollow">https://www.motor1.com/news/563816/toyota-beats-vag-2021-sal...</a>