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RE: LeoThread 2025-02-17 17:18

in LeoFinance5 days ago

Part 3/8:

Notably, several well-known manufacturers, particularly Toyota, have expressed their opposition to these regulations. Although Toyota proclaims itself the "greenest car company in the world" due to its hybrid models, it is important to note that less than 1% of its sales in Australia are fully electric. Nissan and Mitsubishi have also announced plans to halt production of models that do not meet the new safety standards, showcasing a common trend among legacy automakers: rather than invest in compliance, they prefer to withdraw from the market altogether.

The Challenge of Adapting to Emissions Standards