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Toyota's North America CEO, Jack Hollis, argues against EV subsidies and mandates, claiming they distort market signals and have led to stalled sales. However, this assertion overlooks the fact that EV sales continue to rise and fails to address the significant government support for fossil fuels, which disrupts market dynamics even more. The call for consumer choice in the EV market is seen as disingenuous without acknowledging the broader context of government intervention in both sectors.
Jack Hollis, COO of Toyota Motor North America, criticized California's zero-emission vehicle mandates as "impossible" to meet, arguing they would limit consumer choice and distort the automotive market. He expressed a preference for a single national standard, reflecting concerns over the current political climate and its impact on state rights and environmental regulations. Despite the push for electric vehicles, adoption rates remain low across the U.S., with only a few states nearing compliance with California's ambitious goals.
Toyota's North America COO, Jack Hollis, criticized US regulations that push for rapid electric vehicle adoption, labeling them as "de facto mandates" misaligned with consumer preferences. He argued that all-electric vehicle sales should increase naturally, without penalizing gasoline-powered cars.
Toyota has declared California's upcoming electric vehicle mandates "impossible" to meet, warning that they will limit customer choices across several states. The California Air Resources Board's regulations require 35% of 2026 model-year vehicles to be zero-emission, yet current adoption rates are far below this target. Toyota's COO, Jack Hollis, emphasized the need for a unified national standard to avoid market distortions and ensure fair treatment for all customers and dealers.
Jack Hollis
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
toyota ceo misrepresents ev market dynamics and consumer choice arguments
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