Toyota Motor pushed back against critics who say it has been slow to embrace battery-electric vehicles, arguing it needed to offer a variety of car choices to suit different markets and customers.

At its annual general meeting on Wednesday, the world's largest automaker by sales doubled down on its position that it would stick with technologies including fuel cell vehicles and hybrids that have for the past two decades made it a leader in cleaner cars.

Apart from concerns about its electrification strategy, Toyota executives tackled a range of questions on CEO succession plans to the ongoing chip shortage.