Toyota CEO has claimed that the new engine developed by the company will revolutionize the automotive industry and potentially outperform electric vehicles. The CEO announced that this engine will have better fuel efficiency and lower carbon emissions compared to traditional engines, making it a formidable competitor to electric cars. Despite the increasing trend towards electric vehicles in the industry, Toyota believes that this new engine will change the game and pose a significant challenge to the dominance of EVs.

This bold statement by the CEO reflects Toyota's commitment to innovation and their belief in the potential of this new technology to disrupt the market. It remains to be seen how this new engine will fare in the competitive automotive industry and whether it will indeed have the power to "destroy" the EV industry as claimed by the CEO.