Remove Buy Remove Lexus Remove Solar Remove Waste
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. Wasted investment is worse than the credit purchase,” he added. That’s a tough question. It’s difficult to say, but it’s not better.” Get started here.

Waste 52
article thumbnail

Toyota Previews Generation III 2010 Prius Hybrid

Green Car Congress

As with the Generation II, cabin heating and air conditioning can continue operating with the engine stopped; the latter is a capability further leveraged by the use of Toyota’s optional Solar Roof system (below). Toyota will offer the 2010 Prius with four option packages, including a Advanced Technology Package and a Solar Roof Package.

Prius 186
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