Toyota Criticizes US EV Sales Regulations

1 min read
Source: Bloomberg
Toyota Criticizes US EV Sales Regulations
Photo: Bloomberg
TL;DR Summary

Toyota's North American COO, Jack Hollis, criticized US policies promoting rapid electric vehicle adoption, describing them as "de facto mandates" that don't align with consumer demand. Hollis argues that EV sales should increase naturally without penalizing gas-powered vehicles, highlighting the contentious nature of government support for EVs in the US presidential election.

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