Toyota Just Reached An Unexpected Milestone
Toyota has previously stated plans to introduce 30 new EVs
Toyota will discontinue making automobiles using IC engines in 2035.
Toyota is close to delivering on its EV-related promises.
The $7,500 tax credit that all drivers become eligible for after acquiring an electric vehicle
The fact that Toyota is able to give the credit to customers comes with an intriguing condition.
A phase-out for the credit begins right away once an automaker sells 200,000 electric vehicles.
For Toyota, the significant achievement might be a little too sweet.
The bZ4X was developed by Toyota to be fully carbon neutral.
Toyota has a lot riding on the bZ4X's performance, so the phase-out of the tax credit is inconvenient.