Toyota says California-led EV mandates are 'impossible' as states fall short of goal
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Toyota Motor has declared that the California-led mandates for electric vehicles, which require 35% of 2026 model-year vehicles to be zero-emission, are 'impossible' to meet. This statement highlights potential challenges in meeting regulatory goals.
November 08, 2024 | 6:00 pm
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Toyota Motor has expressed concerns over California's EV mandates, stating they are 'impossible' to meet. This could indicate potential regulatory challenges and impact Toyota's strategy and stock performance.
Toyota's statement suggests potential difficulties in complying with California's EV mandates, which could lead to regulatory challenges and impact their market strategy. This may negatively affect investor sentiment and stock performance in the short term.
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