Toyota says it would rather buy credits than ‘waste’ money on EVs
Baua Electric
MARCH 1, 2024
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. Regulation-wise, we would have to prepare something like credit purchase,” he told Automotive News. Wasted investment is worse than the credit purchase,” he added.
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