Damning new report finds nearly all major car companies are actively sabotaging world’s efforts to avoid catastrophic global warming, and Japan companies are the worst.
I know Toyota is still ragging on EVs because they invested a lot into hydrogen tech and want that to be the next big thing instead. But I didn’t know Honda, Mazda and Suzuki also under-invested.
It isn’t about development investment. It’s about engines. Engines have long tail after sales profits from maintenance and parts.
It’s why Toyota recently unveiled their ammonia fueled engine and declared electric vehicles are dead.
Electric engines remove a ton of after sales profits in the form of servicing, spare parts and upgrades.
Toyota may be cranky about EV’s beating out hydrogen, but they’re the company claiming to have invented some new solid state battery that has an 800 mile range and can charge 80% in ten minutes on a fast charger, which would be huge for the EV market.
I know Toyota is still ragging on EVs because they invested a lot into hydrogen tech and want that to be the next big thing instead. But I didn’t know Honda, Mazda and Suzuki also under-invested.
It isn’t about development investment. It’s about engines. Engines have long tail after sales profits from maintenance and parts. It’s why Toyota recently unveiled their ammonia fueled engine and declared electric vehicles are dead. Electric engines remove a ton of after sales profits in the form of servicing, spare parts and upgrades.
Honda is full-on for hydrogen as well.
Toyota may be cranky about EV’s beating out hydrogen, but they’re the company claiming to have invented some new solid state battery that has an 800 mile range and can charge 80% in ten minutes on a fast charger, which would be huge for the EV market.
i hear it has to do with the fact they don’t have much space for solar?