Remove Buy Remove Dealers Remove Lexus Remove Solar
article thumbnail

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

Baua Electric

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. The brand has been a huge champion of hybrids all along, and sells just one EV for each of its two US brands, the Toyota bZ4X and Lexus RZ450e crossovers.

Waste 52
article thumbnail

Road Test: 2024 Toyota Mirai Limited FCEV

Clean Fleet Report

An alternative fuel Lexus with a Toyota badge For now, Californians have the opportunity to own a very nice electric car powered by compressed hydrogen gas. A Luxurious Toyota The 2024 Mirai, based on the Lexus LS platform, made a giant leap into respectability after a complete redesign in 2021. It looks great from any angle.

Toyota 63
article thumbnail

CalCars and PHEVs Frequently Asked Questions

Tony Karrer Delicious EVdriven

Despite this, a 2003 EPRI study , assuming only $2/gallon gas , zero buying incentives, and a PHEV premium of $3-$5,000 more than standard hybrids, shows that the total lifetime cost of ownership for a PHEV will be lower than that of any other vehicle type -- so the payback will be there. [See Power and Associates 2004 report ].

PHEV 37
article thumbnail

Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

More from Fortune No party for Citis owners: You and me Is it time to buy American Express? They think BYD has a shot at becoming the worlds largest automaker, primarily by selling electric cars, as well as a leader in the fast-growing solar power industry. But Buffett and Munger and Sokol think it is a very big deal indeed.

BYD 62