Toyota backs multi-technology approach to Colombian mobility and asks to keep 5% VAT on hybrids
In an interview with El Universal, Toyota argues that no single technology covers Colombia's mobility needs and advocates a "toolbox" with hybrids, electric vehicles, biofuels and, later, hydrogen. The company asks to preserve the 5% preferential VAT for hybrid vehicles, promote bioethanol and keep trade agreements such as the one signed with Brazil. It warns that electricity accounts for less than 1% of transport energy and that accelerated electrification would strain the grid.
In 35 seconds
- Toyota proposes multi-technology: full hybrids, plug-in hybrids, electric, flex-fuel and hydrogen in the future
- It asks to keep the 5% VAT on hybrids; the reform filed in July 2026 proposed raising it to 19%
- By its estimates, the critical minerals in one fully electric battery could make 90 full hybrids
Read the full story at El Universal (Cartagena)
IASummary generated by artificial intelligence from a story by El Universal (Cartagena). It may contain errors: the original source prevails.
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