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Toyota talks tough on EVs: “We’d rather buy credits than waste money”

ArenaEV
Toyota CEO, Ted Ogawa, isn’t holding back. The automaker known for its beloved Prius hybrid is taking a skeptical stance on electric vehicles. Ogawa claims EVs will only snag a measly 30% of the US market by 2030 and openly states Toyota would prefer to buy emission credits than “waste” money building electric cars. This surprising statement flies in the… Read more…

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