Toyota says it would rather buy credits than ‘waste’ money on EVs

electrek.co

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Toyota says it would rather buy credits than ‘waste’ money on EVs

electrek.co

SeaJ@lemm.ee to

News@lemmy.world · 4 months ago

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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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Unless we improve the efficiency of both electrolysis and fuel cell conversion to about 98%, we won’t beat the batteries.

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