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https://www.wsj.com/articles/targeting-toyota-for-its-electric-vehicle-heresy-akio-toyoda-hybrids-ev-climate-change-b5f67d6c

Targeting Toyota for Its Electric-Vehicle Heresy

Public pensions and proxy advisers try to punish the company using corporate governance as a pretext.

By The Editorial Board
Journal Editorial Report: Spending caps, work requirements for food stamps, permitting reform, and more. Images: CQ Roll Call/Zuma Press Composite: Mark Kelly

It wasn’t long ago that Toyota’s hybrid vehicles were all the rage with the climate-change left. Now progressive investors and government pension funds are targeting the Prius manufacturer in a proxy campaign because it has questioned the climate lobby’s electric-vehicle orthodoxy.

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Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved.

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.