The Largest Producer of Autos in the US has no EV’s
The latest gargantuan legislation just signed into law called the Inflation Reduction Act incentivizes buyers of new electric vehicles (EV) with a rebate of $7500. In order to receive the rebate, the new EV must be assembled in the United States. Quite humorously, the Ford Motor Company and GMC reacted by raising their EV vehicle prices as high as $8500. Both corporations deny the increase has anything to do with the rebate. Really?
Any person who has at least a third-grade proficiency in math will tell you the potential buyer instead of getting a rebate will have to shell out another $500 for the privilege of driving one of their EV’s. With price tags on EV’s through the roof, another $500 increase is substantial for the average consumer.
We digress because that’s hardly point. Citizens are ripped off by huge corporations and the government on a daily basis. So much so, it is hardly news the rebate or the legislation lives up to its billing. What is interesting is the largest auto seller in America, Toyota, did not make the list at all. Why? The answer is simple, they are not producing electric vehicles (EV) which run completely on battery power.
It isn’t as though Toyota has totally disregarded the electric movement but just hasn’t joined the herd of lemmings falling off the cliff either. In 1997, Toyota first introduced the hybrid vehicle called, the Toyota Prius which integrated battery power with fossil fuel which seems like a rational way to increase fuel mileage for their customers and limit the amount of electricity and cost needed to run the vehicle.
When asked why Toyota does not produce an EV without a gas powered engine, Vice President Gerald Killmann indicated the hybrid auto is actually better for the environment than purely electric vehicles. His statement is completely at odds with the Green New Deal types who think any fossil fuel used for autos will kill the planet.
Unlike those who of the Green movement who base their decisions on emotions and the drive for political power, Killmann uses facts as to why Toyota came to the conclusion a hybrid is the way of the future for Toyota. He says the automakers do not have unlimited capacity to produce batteries capable of running a whole line of EV’s. Toyota is capable of roughly producing 28,000 or so EV’s with the batteries they can manufacture in a year. By incorporating less battery power to each vehicle along with a gas engine they can produce over 1.5 million cars worldwide instead of just 28,000.
More importantly, the battery gasoline combination is far more “green” than electric alone. Alexander Stroklosa from Car and Driver quotes Killman, “1.5 million hybrid cars reduces carbon emissions by a third more than selling 28,000 EVs. Put another way, the company is generating a more positive environmental impact by selling many times more gas-electric hybrid cars than it would by selling far fewer EVs (and therefore, far more fully gasoline- or diesel-powered vehicles), while also providing its customers more practical vehicles (because of no range or charging anxieties) at more affordable prices. There are only so many batteries to go around, after all.”
Typical of the Green movement, emissions and fossil fuels are the enemy, and be damned the facts. Toyota seemingly has a soft voice in the carbon conversation. In practice, Toyota is apparently doing more ‘to save the planet” than any ideologue mindlessly claiming the world has only 12 years if the pumping of petroleum isn’t stopped, post haste.
Toyota has other ideas and their ideas has made them the leader in most sold cars in America. It seems their corporate plan for success is a simple one, check your emotions at the door and enter using your brain and let capitalism do its thing.