Toyota’s North American Chief Operating Officer (COO) Jack Hollis criticized U.S. policies promoting electric vehicle adoption (EV) on Friday, according to Bloomberg.
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The Toyota COO said that electric vehicle policies are “de facto mandates” that are not in sync with consumer demand, according to Bloomberg. Hollis also said that EV mandates such as those in California are impossible to meet, according to CNBC.
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“The envisioned EV ecosystem is way ahead of the consumer,” Hollis told reporters Friday, “It’s not in alignment with consumers. It’s just not.”
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The Biden/Harris administration has introduced various EV-related policies as part of President Joe Biden’s climate agenda, including introducing a tailpipe emissions rule in March that would require about 67% of all light-duty vehicles sold after 2032 to be EVs or hybrids.
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Biden/Harris has been leading a push to build half a million public EV chargers nationwide by 2030, that has so far been met with various slowdowns. (RELATED: Ford CEO Admits Driving Chinese EV After Receiving Billio...
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Various American automakers have backpedaled on EV goals despite the current administration funneling billions of dollars in subsidies as part of its EV agenda.
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The California Air Resources Board’s “Advanced Clean Cars II” regulations require that 35% of 2026 model-year vehicles be zero-emission.
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“I have not seen a forecast by anyone … government or private, anywhere that has told us that that number is achievable.
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At this point, it looks impossible,” Hollis said of the zero-emission regulations.
“Demand isn’t there. It’s going to limit a customer’s choice of the vehicles they want.”
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Many automakers have experienced issues with EV sales, including used EV models experiencing drastic price cuts due to slackening consumer demand.
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Ford Motor Company announced in October that it lost an additional $1.2 billion on EVs in the third quarter and announced in September that it would offer free EV chargers and home installations to incentivize customers.
Toyota did not immediately respond to a request for comment from the Daily Caller News Foundation.
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Affordability, Charging-Infrastructure, & Range-Anxiety Continue To Keep Americans From Embracing EVs
https://www.windtaskforce.org/profiles/blogs/affordability-charging...
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A number of factors have decreased buying of EVs, including among environmentally conscious consumers. Various sources, including FT reported about the following issues:
1) high EV prices (increase monthly lease payments),
2) high financing interest rates (increase monthly lease payments),
3) short driving range,
4) lack of charging infrastructure,
5) high insurance cost,
6) high on-the-road charging cost
7) time wasted sitting in vehicle while charging; it takes 5 minutes to fill a gas tank to get about 500 miles of driving, but it take at least 1 to 2 hours to fast-charge a EV battery to get 250 miles of driving
That waste is enormous, if you multiply that time by millions of EVs charged per day.
That waste will make the US worker less productive, further lower his standard of living.
8) high repair and bodyshop cost, and long times for bodyshops to get parts
9) very low resale/trade-in value,
10) low-range during hot and cold weather, especially with a few passengers and some luggage
11) more rapid wear of tires and brakes and expensive replacement cost
12) spending at least "$15000 + labor + hazardous landfill charge" to replace an EV battery in an 8-y-old car
13) worrying about having enough charge, and where to charge, when making a longer trip from A to B
14) worrying about the battery catching fire, while parked in the garage, or on the road
15) inability for an EV to tow almost anything for some distance, without having to recharge along the way
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Everett Eissenstat, a former senior US Trade Representative told FT: “There is no question, this list of woes is an explanation of the very slow EV adoption in the US and in Europe. We are just not producing EVs consumers need at prices plus other costs, they can afford”. That meager result is after more than 10 years of high subsidies, and Media hype.
Harvard Business School, HBS, study examined more than one million customer reviews of charging stations from North America, Europe and Asia over 10 years, finding :
1) EV drivers can expect non-residential charging systems to not work approximately 20% of the time,
2) some of America’s more rural regions are effectively “charging deserts.”
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