Toyota has recently reiterated its focus on developing new vehicles with internal combustion engines (ICE) while also delving into part-hydrogen-powered options as part of its future strategy. In collaboration with Mazda and Subaru, Toyota's CEO, Koji Sato, highlighted the company's plans for introducing varying ICE engines, including battery-assisted variants powered by diesel, petrol, and hydrogen (referred to as e-fuel by Toyota). The company aims to offer a diverse range of powertrain options to meet evolving market demands. Toyota plans to introduce smaller and more efficient ICE engines that will leverage EV batteries for enhanced output, initially in hybrid vehicles and later in plugin hybrids. This move aligns with the company's strategy to adapt to upcoming emissions regulations set by the EU around the end of 2026. Despite the industry's trend towards electric vehicles (EVs), Toyota believes in the significance of both EV batteries and ICE engines, viewing them as vital components for future vehicle development. The company's chairman, Akio Toyoda, anticipates a 30 percent market share for EVs globally, emphasizing the practicality of gas, hybrid, and hydrogen investments in achieving carbon neutrality. Toyota's investment strategy involves balancing resources between ICE and EV technologies, aiming for a comprehensive and sustainable approach to automotive innovation.