“I’ll put every cent that Wanxiang earns into making electric vehicles.”
Lu Guanqiu, chairman and founder Wanxiang Group which recently bought Fisker is determined to beat Tesla at home and abroad.
“Hybrids become a very large component of that fleet. You can’t get it without the hybrids. It’s impossible.”
Fiat Chrysler Automobiles CEO Sergio Marchionne reassured reporters that Chrysler would meet the governement’s fuel economy targets for 2025 but would therefore need to electrify a large part of its offering.
“The danger there is if Tesla cannot make this work, the whole electric-vehicle sector will be set back a lot.”
Peter Wells, professor of business and sustainability at Cardiff Business School’s Centre for Automotive Industry Research, on Tesla’s plans for the Gigafactory.
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