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Akio Toyoda was re-elected as chairman of Toyota and was questioned because of the poor development of electric vehicles.

Shulou Source: shulou.com Published: 2023-11-24 17:30:02 10月03日 Update

Thanks to CTOnews.com netizens for the delivery of the clues of Xichang and Xiao Zhan-cut! CTOnews.com June 14 news, Toyota Motor Company held its annual general meeting of shareholders today. At the meeting, Akio Toyoda, who has been in charge of the company for a long time, won the support of most shareholders and was successfully re-elected as chairman of the company.

A small number of shareholders oppose the reappointment of Akio Toyoda as chairman, arguing that Toyota has lagged behind its competitors, saying that Toyota has chosen to offer customers a variety of options by selling fuel and hybrid vehicles, Bloomberg reported. At the same time, invest in electric vehicles, hydrogen and carbon-neutral fuel; while some demand policies in favor of electric vehicles and transparency.

Toyota's board seats have changed greatly at this shareholders' meeting, with five directors choosing to retire. The number of new directors increased by six, including Toyota's new CEO Changchun Sato, vice president and chief technology officer Hiroki Nakajima, and Simon Humphries, chief brand officer in the design field of the Automobile Development Center. After the change of the top leader after a lapse of about 14 years, Toyota's new management system has been formally established.

CTOnews.com has reported that Toyota held a technical seminar with the theme of "electrification, intelligence and diversification" before the shareholders' meeting. At the meeting, Toyota announced that it would launch an all-electric vehicle with "next-generation batteries" in 2026, with the goal of mass production of solid-state batteries between 2027 and 2028, a technology that claims to be able to "charge for 20 minutes and last 1000 kilometers."

Toyota's U. S. stock rose 4.23% before trading after the news of the shareholders' meeting.

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