From the Daily Caller
Irish Owens
Contributor
Toyota North America chief operating officer (COO) Jack Hollis criticized U.S. policies to promote the adoption of electric vehicles (EVs) on Friday, according to Bloomberg.
According to Bloomberg, Toyota’s chief operating officer said the electric vehicle policy is a “de facto mandate” that is out of sync with consumer demand. Hollis also said it's impossible to meet electric vehicle regulations like California's, according to CNBC.
“The entire EV ecosystem is ahead of the consumer,” Hollis told reporters on Friday. “That's inconsistent with the consumer. That's not the case.
The Biden-Harris administration has rolled out various EV-related policies as part of President Joe Biden's climate agenda, including introducing emissions rules in March that would require about 67% of all light vehicles sold after 2032 to be electric car or hybrid. Biden has been spearheading a plan to build 500,000 public electric vehicle chargers across the country by 2030, but so far the plan has encountered various slowdowns. (Related: Ford CEO admits to driving Chinese electric cars after taking billions from taxpayers to build rival cars domestically)
While the current administration has made billions of dollars in subsidies part of its electric vehicle agenda, many U.S. automakers have backtracked on EV goals. The California Air Resources Board's Advanced Clean Vehicles II regulations require 35% of vehicles in the 2026 model year to be zero-emission.
“I haven't seen anybody's… government or private projections that tell us that this number is achievable. At this point, it looks impossible,” Hollis said of zero-emissions regulations. “The demand isn't there. This will limit customers' choices of the vehicles they want.
Many automakers are experiencing EV sales issues, including experiencing significant price cuts on used EV models due to weak consumer demand. Ford Motor Co. announced in October that it suffered an additional $1.2 billion loss from its electric vehicle business in the third quarter, and in September announced that it would provide free electric vehicle chargers and home installation to incentivize customers.
Toyota did not immediately respond to a request for comment from the Daily Caller News Foundation.
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