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Better to buy pollution credits than “waste” money on EVs, says Toyota CEO

The Driven EV News

North America CEO says Toyota would rather buy pollution credits than invest in electric vehicles, while Australian head of sales says they'd rather pay the fines than buy credits. The post Better to buy pollution credits than “waste” money on EVs, says Toyota CEO appeared first on The Driven.

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

Electrek

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.

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Elon Musk complains about his smaller stake in Tesla after wasting it on buying Twitter

Electrek

The statement is particularly bizarre when you consider the fact that he himself recently sold tens of billions of dollars worth of Tesla stock to buy a grossly overpriced Twitter. more… The post Elon Musk complains about his smaller stake in Tesla after wasting it on buying Twitter appeared first on Electrek.

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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.

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Shell to buy 3.25B liters of sugarcane cellulosic ethanol from Raizen

Green Car Congress

Shell has agreed to buy a total of 3.25 Since then, Raízen has developed and scaled-up the process for making low-carbon intensity ethanol from sugar-cane waste. By making use of sugarcane waste, Raízen’s second-generation ethanol (E2G) technology can produce about 50% more ethanol from the same amount of land.

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Elon Musk complains about his smaller stake in Tesla after wasting it on buying Twitter

Baua Electric

The statement is particularly bizarre when you consider the fact that he himself recently sold tens of billions of dollars worth of Tesla stock to buy a grossly overpriced Twitter. He later agreed to buy Twitter and take it private for $44 billion. Musk quickly backed out of the deal despite it being signed. You are welcome.

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Italy’s hard-right government may buy a stake in Stellantis

Baua Electric

But now Italy says it is open to buying a stake in Stellantis, Reuters reports , using the same model France uses for its beloved Renault. We already wasted nine months of production, of additional production in Mirafiori,” the plant in Turin, Italy, which produces the Fiat 500e. But to make that happen, something will need to happen.

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