Toyota's leader is warning the government that its road map to net-zero emissions needs to be better tailored for the nation's economy.

The automaker is ready for takeoff in the brand-new world of electric air mobility. But for now, it is skipping further investment in a Japanese startup founded partly by its own engineers in favor of an American aerospace company focused on fast, quiet flying machines.

The company that pioneered the Prius hybrid has drawn criticism for perceived foot-dragging on EVs. But Akio Toyoda wants it known that his company is pursuing carbon neutrality.

Japan’s Woven City, the digitally-driven town of tomorrow that Toyota is building on the foothills of Mount Fuji, could be a future air hub for the country’s flying cars.

Akio Toyoda is speaking out against the industry's rush to push technological boundaries: "I don't think it's at all realistic yet that self-driving cars can travel normally on ordinary roads."