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

SeaJ@lemm.ee to News@lemmy.world – 204 points –
Toyota says it would rather buy credits than ‘waste’ money on EVs
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Toyota is claiming to have a 750-mile solid-state battery that will be commercially available in 2027. https://www.reuters.com/business/autos-transportation/toyota-roll-out-solid-state-battery-evs-couple-years-india-executive-says-2024-01-11/ If this is true, then the battery "problem" will be a moot point.

If it were true, they wouldn't be pushing hydrogen so hard.

Sometimes a company's left hand doesn't know what its right hand is doing. Look at how many times Google has released products that compete with its other products, for example.

The other reason they're pushing hydrogen has to do with Japanese infrastructure, so they could very well be aiming to do both anyway. Domestic hydrogen and international EVs.