The Dilemma of Electric Vehicle Manufacturing
Extortion is Better Than "Investing" in EVs - EPautos - Libertarian Car Talk đź”—
The text discusses the dilemma faced by vehicle manufacturers in meeting government regulations regarding electric vehicles (EVs). Rather than investing in manufacturing EVs, Toyota's CEO suggests that it is more cost-effective to purchase credits from companies like Tesla, which are compliant with the regulations. The text also highlights the financial burden faced by manufacturers like Ford in producing EVs that have low market demand. The article advocates for more transparency and honesty from vehicle manufacturers regarding the challenges and costs associated with EV production.
- Toyota's CEO suggests that it's cheaper to purchase credits from companies like Tesla than to invest in manufacturing EVs.
- The financial burden faced by manufacturers like Ford in producing EVs with low market demand is highlighted.
- The article advocates for more transparency and honesty from vehicle manufacturers regarding the challenges and costs associated with EV production.