TOKYO -- Akio Toyoda, chairman of Toyota Motor, revealed on Friday that the Japanese automaker has launched a project to develop a new internal combustion engine, saying, "We will continue producing engines because they still play a role as a practical means of achieving carbon neutrality," or net-zero emissions of carbon dioxide.
Toyoda, former president and CEO of Toyota, made the remarks in an address to the Tokyo Auto Salon 2024, the world's largest exhibition of modified vehicles. The exhibition began Friday at Makuhari Messe, a huge convention center in in the city of Chiba, near Tokyo, with both Japanese and overseas manufacturers displaying sports cars and modified vehicles.
