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.
Carbon credits are an absolute scam but EVs are also not going to get mass adoption and aren’t going to replace ICE cars until used EVs are a thing without needing to replace the battery for the price of a whole car. So I can see why Toyota wouldn’t be too interested in EVs, the tech for them isn’t there for global adoption and is still a niche market.
EVs already attained mass adoption. In Norway almost all new cars are EVs. Several countries are not far behind. Most countries are more suitable for EVs than Norway.
Carbon credits are an absolute scam but EVs are also not going to get mass adoption and aren’t going to replace ICE cars until used EVs are a thing without needing to replace the battery for the price of a whole car. So I can see why Toyota wouldn’t be too interested in EVs, the tech for them isn’t there for global adoption and is still a niche market.
EVs already attained mass adoption. In Norway almost all new cars are EVs. Several countries are not far behind. Most countries are more suitable for EVs than Norway.
How are most countries more suitable for EVs than Norway? Norway’s hydro power and smaller size is pretty great for EVs.
The hydro power helps, sure. But Norway is big, cold, and sparsely populated.
Like Canada who doesn’t sell many EVs?
The density of EV drivers in BC in the last 5 years has sharply, noticeably increased.
BC has stupid cheap electricity, it’s a perfect candidate for EVs just like Norway.
It’s true. Definitely part of my equation.
EVs shouldn’t ever replace ICE cars, people should be able to buy whichever they like, the government needs to stay out of it.