Toyota skips zero-emissions pledge, says world's not ready

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Large parts of the world are not ready for zero-emission vehicles, which is why Toyota Motor Corp did not sign a pledge this week to phase out fossil-fuel cars by 2040, the world's largest automaker said on Thursday.

Six major carmakers, including General Motors, Ford, Sweden's Volvo Cars and Daimler AG's Mercedes-Benz, signed the Glasgow Declaration on Zero Emission Cars and Vans, as did a number of countries including India.

But Toyota and No. 2 global automaker Volkswagen AG, as well as crucial car markets the United States, China and Germany, did not.

A spokesperson for Toyota told Reuters that where the energy and charging infrastructure, economics and customer readiness exist, "we are ready to...READ MORE HERE
 
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