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Toyota defies shareholder pressure to embrace EVs

Stakeholders demand halt to 'anti-climate lobbying' at annual general meeting

Shareholders enter the venue of Toyota's annual general meeting in Aichi Prefecture, Japan, on June 15. (Photo by Yuki Nakao)

TOKYO -- Toyota Motor on Wednesday said it will continue to develop hybrid and other low-emission vehicles even as shareholders pile pressure on the company to embrace fully electric models to better address the challenge of climate change.

Shareholders raised the issue at Toyota's annual general meeting, held at its headquarters in Aichi Prefecture, western Japan -- an event that also saw climate protesters calling for more action from the company.

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