“Our goal in the mid-term is to offer a hybrid model in all the model segments. Yet we must get the costs down further in order to put this technology into the smallest cars.”
Toyota development chief Mitsuhisa Kato confirms that the carmaker’s push for hybridisation could even include the small Aygo city car.
“I do have some general concerns around their ability to make a profitable model that’s a high-volume model.”
Tony Posawatz, formerly the CEO at Fisker Automotive and once an executive at GM, says Tesla’s business model is not sustainable because it depends too much on ZEV credits. And with his recent success, he should know a bad strategy when he sees one.
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