Quotes of the day


Sadiq Khan, Nissan statement

Sadiq-Khan“We need a fully-funded diesel scrappage fund now to get polluting vehicles off our streets immediately.”

London mayor Sadiq Khan, of the opposition Labour Party, on the British government’s clean air plan. Khan had been calling for a scrappage scheme repeatedly.

anonym“The electric revolution is happening. This will have a fundamental impact on the shift from fossil fuels to renewables.”

From a Nissan statement regarding the UK’s plan to reduce air pollution. Nissan is certainly committed and continues to build the Leaf in Sunderland.

Quotes of the day


Peter Mertens, Goldman Sachs

Peter-Mertens“People might not need more than 30-40 miles of driving range in a day, but they want a bigger number.”

This is Audi’s R&D boss, Peter Mertens, who predicts that demand for PHEV will decrease with growing driving ranges and quicker charging of pure EVs.

anonym“In our extreme case, we project peak oil demand in 2024.”

From Goldman Sachs latest research that expects the EV market to grow more than 40-fold to 83 million vehicles by 2030, from 2 million in 2016.

Quotes of the day


Jim Lentz, Christophe Sapet

Jim-Lentz“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)

anonym“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.

Quotes of the day


Mike Manley, Wolfgang Dürheimer

Mike-Manley“You’ll probably hear more about electrification towards the end of this year.”

Jeep CEO Mike Manley confirms that the new Wrangler platform is ready for electric power and moreover that its company has not just the tech but also the ambition to add electric models to its line-up.

Wolfgang-Duerheimer“It will still be too soon for a full electric car, I think – but electrification will happen.”

According to Wolfgang Dürheimer, CEO of Bugatti, just electrification can top the actual Chiron’s performance. However, the introduction of a next-gen model is still years away.

Quotes of the day


Alain Visser, Thomas Hemmerich.

Alain-Visser“We want to be ahead of the game and be simple in our offering so we will only sell cars that are hybrids, plug-in hybrids or pure electrics.”

Lynk & Co chief Alain Visser when asked about the plans the Geely subsidiary has in store for Europe. He also said that Berlin will be the starting point after China.

Thomas-Hemmerich“The industry could find itself in a situation where electric trucks emerge more quickly than the charging infrastructure that is needed to support them.”

Thomas Hemmerich, Managing Director of MAN Truck and Bus UK is most worried about the strain on the grid, and considers power suppliers a potential “bottleneck.” Opportunity charging may help though.

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Quotes of the day


Gilles Normand, Ferdinand Dudenhoeffer.

Gilles Normand“Today, some countries are removing incentives, and the problem if you move too quickly, it’s a shock in the market, like we’ve seen in Denmark. We can foresee in Europe that incentives for EVs will fade away progressively, and that’s OK.”

Gilles Normand, Renault’s head of EVs warns that stopping subsidies abruptly can effectively kill a market. Still, he believes enough in EVs to know that subsidies won’t simply be necessary anymore at some point.

Ferdinand-Dudenhoeffer“Diesel is over and it’s time to switch to new technologies.”

It almost feels as if Ferdinand Dudenhoeffer, analyst at the University of Duisburg-Essen’s CAR, is stating the obvious but given the state of the discussion still, some things cannot be said often enough.

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Quotes of the day


Ulrich Kranz, Anand Mahindra.

Ulrich-Kranz“I’m not a job hopper. […] I look at the product and the people behind the product. That’s why I wanted to join and help to set up everything so the company is ready to launch the product.”

Says the former head of BMWi, Ulrich Kranz when asked about his move to Faraday Future. He might not be a hopper but he does seems eager to innovate.

Anand-Mahindra“The government, in order to create the push, needs to create incentives whether they come through Central or the state governments, in order to provide a lower sticker price for cars.”

Mahindra Group chairman Anand Mahindra is calling on Delhi to introduce EV subsidies. Not for ever, he clarifies, they could “taper down over time” in line with falling battery prices.

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Quotes of the day


Elon Musk, Nick Rogers

Elon-Musk-Twitter“My guess is probably in 10 years more than half of new vehicle production is electric in the United States.”

Elon Musk is never one to shy away from bold visions. He based this one on exponential growth and pointed to China, which he expects to create new world realities even faster through regulation.

Nick-Rogers“We’re making sure that there’s an authenticity to the vehicle, that it’s absolutely worth any price that we put to it.”

That is Nick Rogers, Jaguar’s executive director of product engineering, talking about the I-Pace. Like Porsche, Jaguar will not compromise when it comes to EVs eventually.

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Quotes of the day


Jürgen Stackmann, Bodo Albrecht.

Juergen-Stackmann“Chinese brands put some pressure on us, but I don’t think they can cut prices to the levels we cannot bear.”

Jürgen Stackmann, head of global sales and marketing for Volkswagen Passenger Cars, does not worry about competition from China’s domestic carmakers, but affirms that VW’s (price) strategy will allow the company to gain its desired market share.

Bodo-Albrecht“As to fuel cell cars, I think the race in the light vehicle sector has been lost to battery electric. It’s a “Betamax” moment.”

Bodo Albrecht, chair of the International Precious Metals Institute, predicts that the world will see a tipping point towards electrification by 2040. A development with devastating consequences for the platinum group metals demand, he adds.

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Quotes of the day


Peter Mosch, Narayan Raja.

Peter-Mosch“A production strategy is currently not discernible.”

While they just found an agreement at Mercedes’ (see above), tensions under Audi’s roof are rising: The company’s labour boss Peter Mosch openly urges the management to create a roadmap regarding the electric future of the German sites like those in Ingolstadt and Neckarsulm with a united 60,000 employees.

Narayan-Raja“We will continue with this journey of hybrid vehicles in India. Our commitment remains the same, and we believe that this technology is good for the environment.”

Says Narayan Raja, Senior Vice President and Director of Toyota Kirloskar Motor, and thus affirms that Toyota will continue to sell HEVs in India despite the introduction of the new Goods and Service Tax (GST) that makes these vehicles more expensive.

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