As the car industry’s largest hybrid pusher, Toyota says it is better positioned to just buy credits to close the EPA gap rather than “waste” money on BEVs, its CEO said.
The problem is that replacing the battery in an EV costs as much as a new car which is something you need to do if it’s 10 years old.
Even if 1/3 of new cars sold is an EV that will take decades for any meaningful adoption since new cars are incredibly uncommon and affordable replacemt batteries don’t yet exist.
I don’t mind car makers making EVs but it seems like a pretty reasonable choice from Toyota not to enter that market yet.
You don’t have to replace the battery every 10 years. LiFePo cells can do more than 3000 cycles before going below 85% rated capacity. CATL has been making these cheaply for years.
Toyota has been actively sabotaging EV transitions for decades. Of course they’re against the thing they don’t want.
I can currently find exactly zero used cars with a LiFePo battery here. I looked around more and it doesn’t seem to be even used by any car brands that exist here so I have no way to check how expensive a replacement would be. I’m assuming there’s a reason it’s not used but I’m not going to dig into battery research over a lemmy post.
If those batteries solve all the issues leading to used EVs being feasible then that would be great in about a decade or two if they adobt that right now.
All cars were new cars once. If a majority of new cars are EVs, then it is only a matter of time before most used cars are as well.
It’s not (just) a matter of money. Even in China a third of new vehicles are EVs, and Estonia is much richer than China.
The problem is that replacing the battery in an EV costs as much as a new car which is something you need to do if it’s 10 years old.
Even if 1/3 of new cars sold is an EV that will take decades for any meaningful adoption since new cars are incredibly uncommon and affordable replacemt batteries don’t yet exist.
I don’t mind car makers making EVs but it seems like a pretty reasonable choice from Toyota not to enter that market yet.
You don’t have to replace the battery every 10 years. LiFePo cells can do more than 3000 cycles before going below 85% rated capacity. CATL has been making these cheaply for years.
Toyota has been actively sabotaging EV transitions for decades. Of course they’re against the thing they don’t want.
I can currently find exactly zero used cars with a LiFePo battery here. I looked around more and it doesn’t seem to be even used by any car brands that exist here so I have no way to check how expensive a replacement would be. I’m assuming there’s a reason it’s not used but I’m not going to dig into battery research over a lemmy post.
If those batteries solve all the issues leading to used EVs being feasible then that would be great in about a decade or two if they adobt that right now.