Australian Government’s Time Frame to Cap Car Emissions ‘Too Quick’: Toyota

Australia’s most popular vehicle brand, Toyota, has warned against the centre-left government’s new rules on car emissions, saying that it would hurt middle Australia. Labor’s new vehicle emissions standards (NVES), which will come into force in January 2025, places an emissions cap on each automaker’s vehicle fleet that will tighten each year to reduce transport pollution. The majority of the global car market, including the United States, Canada, the European Union, the United Kingdom, and Japan, have introduced their own versions of vehicle emissions standards. But even as Toyota introduced its first electric vehicle in Australia, the brand said car companies needed more time to meet the fuel-efficiency standards and bring efficient vehicles to Australia, particularly low-polluting four-wheel drives and utes....