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home / news releases / TM - Electric Vehicle Subsidies Are Unsustainable


TM - Electric Vehicle Subsidies Are Unsustainable

I like electric vehicles (EVs). I have owned them for years as my only cars. I like the smooth and quiet ride. I like not buying gas. I like charging at home. I like that they feel like the future.

And I liked that they are “good for the environment.” Until I realized that this isn’t necessarily true.

When policymakers also realize that EVs can generate as much pollution as gasoline-powered vehicles, the substantial subsidies for EVs (tens of thousands of dollars per car in some cases) may be curtailed. If this occurs, Tesla (

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Stock Information

Company Name: Toyota Motor Corporation
Stock Symbol: TM
Market: NYSE
Website: global.toyota

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