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Toyota Says No to US Government Funds

Japanese manufacturer Toyota says it doesn't need support from the United States government to build electric vehicles or batteries in the country. The reason? The company doesn't intend to produce electric cars or batteries in the US but does not exclude the possibility to do so in the future.

"We didn't see a need at this point in time to go for those funds," said Josephine Cooper, Toyota's group vice president for public policy and government/industry affairs, according to Autonews.

However, Toyota says the government's attitude towards companies who are willing to continue their efforts in the green car segment is applaudable and admits that money received by these manufacturers, including Nissan, is a positive sign.

"There is a movement in Washington to be protectionist and have 'Buy American' in many of the legislative proposals, so that is what we are seeking to avoid," Cooper said in an interview at the Management Briefing Seminars. "We don't think we should be ineligible. If there are going to be incentives, let everyone be able to receive them, and may the best man win."

As said, Toyota does not yet intend to build any of the two, electric cars or batteries, in the United States. But this may be a possibility in the future, as the local market grows under the supervision of the government.

"There may be an opportunity for that, but we haven't made that decision yet," she said. "We would have to have enough stability over the long term that that particular technology was going to work and was going to be accepted by the public."
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About the author: Bogdan Popa
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Bogdan keeps an eye on how technology is taking over the car world. His long-term goals are buying an 18-wheeler because he needs more space for his kid’s toys, and convincing Google and Apple that Android Auto and CarPlay deserve at least as much attention as their phones.
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