“We’re not in a situation where the market has followed our forecasts. People haven’t yet reached the point where they feel the need to have an electric vehicle for full daily use. People need to feel that need to shift to electric models.”
Jerome Stoll on putting the electric Twingo on hold as demand remains far behind Renault’s expectations.
“Geely will take oil-electronic hybrid type and plug-in hybrid modes as important pivot for company development in the future.”
Geely president An Conghui wants to double sales to 1.2 million cars in 2019. Not all of them will be electric or hybrid though the Chinese car maker is undergoing extensive rebranding and restructuring efforts which will also see them working more closely with Volvo in the future.
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