Report says Japanese car companies hinder climate policy, and Toyota is the biggest “villain”

Breakings ·  May 18 11:50
According to InfluenceMap's latest climate policy participation assessment report, Toyota is at the bottom of all automakers and is one of the most active companies blocking climate-related legislation. According to the report, Japanese automakers such as Suzuki, Mazda, and Toyota have been actively opposed to governments promulgating emission restrictions and policies promoting electric vehicles. Toyota publicly opposed the policy of treating pure electric vehicles as the only environmentally friendly solution, claiming that hybrid cars are the better choice because the supply of raw materials for electric vehicle batteries is limited. Furthermore, Toyota previously donated money to some politicians who are skeptical about climate change, causing dissatisfaction among some investors.

The translation is provided by third-party software.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment