As the automotive industry continues its electrification journey in 2023, many automakers are eager to highlight their cutting-edge electric motor and battery technologies for the next generation of electric vehicles. Toyota, on the other hand, is committed to electrifying its entire lineup, but it believes in taking a balanced and considered approach to the transition. This is evident in the fact that Toyota is actively developing new hardware designed for vehicles with internal combustion engines, suggesting the Japanese automaker doesn’t believe that the traditional gasoline engine is on its deathbed just yet.