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 · 9 months ago

215

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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