Jim Lentz, Christophe Sapet

“At gas at less than $2 a gallon, no [I’m not worried].”

Said Toyota North America CEO Jim Lentz when asked if the Tesla Model 3 poses a threat to his core business. He bases his “no” on a 0.5% EV share and while that may be so at the moment, the latest research from Goldman Sachs expects oil to peak by 2024 and the global electric fleet to grow more than 40-fold by 2030.
thestreet.com (Lentz), financialpost.com (Goldman Sachs)

“Of course we will go head to head with Uber, Mercedes and the others, but we’ll be faster.”

This is Navya CEO Christophe Sapet carefully unleashing his inner bull. The French have been making testing grounds with their autonomous shuttle but the next idea is a small car made in Asia that would see Navya step into competitive territory indeed.
autonews.com