Toyota says it would rather buy credits than ‘waste’ money on EVs
Toyota says it would rather buy credits than ‘waste’ money on EVs
As the car industry’s largest hybrid pusher, Toyota says it is better positioned to just buy credits to close the EPA gap rather than “waste” money on BEVs, its CEO said.
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Toyota plays the long game. I'd assume they've done the math on this and it should be taken seriously. They've been making hybrids for years and know all the issues. It is not scalable with our current tech, consumption level, the way we treat everything as disposable and resources. People buying EVs and using them relentlessly are figuring this out the hard way already when they need a new pack and it costs as much as a used ICB car.
Their "long game" is the CEO has invested billions into hydrogen fuel cells and can't afford to admit he made a mistake.
This, they started with hybrids and tough hydrogen was going to be the future, now they are behind in EVs and shit talk them all the time
They lost the EV game so hard they made an ammonia engine