CHIBA, Japan — Akio Toyoda has a new proposal for the global auto industry's war on carbon levels: He wants to convert old cars to electrics.
Even if all the world's new vehicles are replaced by EVs someday, the Toyota Motor Corp. CEO reasons, it will still do little to cut emissions from the hundreds of millions of fuel-burning vehicles already on the road.
Moreover, there are millions of car buffs with their beloved vintage rides. How can the owner of a '63 Porsche 911 or '70 Pontiac GTO keep driving without being legislated off the road?