“They are probably taking a hit of 50 to 100,000 euros per unit in order to achieve that roll-out.”
In his speech at the Challenge Bibendum in Chendgu, former EU President Pat Cox spoke about Toyota’s fuel cell vehicle, which is just about to launch in Japan.
“The question is how long is the V8 going to last once cars have to produce an average of 95g/km? If you want 400bhp, we can give you 400bhp but no one needs it all the time so we provide the power using batteries and meet emissions targets with plug-in hybrids.”
Volvo president and CEO Håkan Samuelsson says the carmaker will stick to its four-cylinder and twin-engine strategy, even in the U.S., a market that favours the V8.
“If Elon Musk wants to make a mistake and go with an inefficient distribution system, that’s his right as an American.”
Mike Jackson, CEO at AutoNation, is talking about Tesla selling directly to customers. He says that auto-dealer efforts to ban all direct sales by Tesla state by state are “unnecessary protectionism.”
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