Mar 2021

Toyota Asks Lawmakers for EV Incentives

Toyota is calling for consumer incentives to promote all EVs, a policy it said would have “the greatest immediate impact on sales.” The automaker said “robust incentives” for infrastructure development and fuel production also are needed to speed the deployment of EV chargers and hydrogen fueling stations.

“Last year, less than 2% of the vehicles sold in America were battery electric,” Robert Wimmer, Director of Energy and Environmental Research at Toyota Motor North America, said. “If we are to make dramatic progress in electrification, it will require overcoming tremendous challenges, including refueling infrastructure, battery availability, consumer acceptance and affordability and the reliability of the electric grid.”