Toyota's former CEO and current chairman, Akio Toyoda, is set to travel to South Korea for a strategic meeting with Hyundai's chairman, Chung Euisun. The meeting aims to explore the possibility of a collaboration between the two automakers, focusing on emerging technologies such as EVs, hybrid vehicles, and hydrogen-powered cars. Hyundai, with a strong focus on electric vehicles, plans to double its hybrid lineup and sell two million EVs by 2030. Toyota, on the other hand, is strengthening its partnership with BMW to develop fuel cell systems for a 'hydrogen society.' Both companies are also investing in EV battery technology and infrastructure to keep up with market demands. The potential collaboration between Toyota and Hyundai could result in significant advancements in the EV sector, benefiting both companies as they navigate the shift towards sustainable transportation. This partnership could also lead to the exchange of valuable insights and technologies, driving innovation in the automotive industry.