
the staff of the Ridgewood blog
Trenton NJ, while Governor Murphy continues to push his all electric vehicle mandate ,Toyota’s Chairman and former CEO, Akio Toyoda, has been a vocal skeptic of the electric vehicle (EV) hype, which contributed to his stepping down from the CEO role earlier this year. With Tesla reporting disappointing third-quarter earnings, it seems that some investors are reevaluating the profitability of EVs. In an “I told you so” moment Toyoda said, “People are finally seeing reality.”