“It will take at least one-and-a-half years before we see something. The software and integration part will remain exclusive to the three companies while motor and transmission know-how will be shared.”
Mahindra Reva CEO Arvind Mathew comments on the recently forged alliance with Tata Motors and Maruti Suzuki. Together, the Indian firms want to locally develop EV components.
“If the right consumer demand and infrastructure is there, we are ready to introduce a hydrogen car.”
Siegfried Pint, Audi’s chief of electric powertrain development, sees a fuel cell vehicle as an option but none the company is prioritising at the moment.
“There are understandable reasons why Tesla has sold off recently…risk-off / global macro concerns, negative sentiment on auto stocks, and declining oil prices. But we see the concern on Model X production ramp / volumes, the subject of several recent bearish notes, as overdone at this point.”
Credit Suisse analyst Dan Galves is trying to appease Tesla investors who fear falling stock prices. Issues with Model X productions have been resolved, he says, and also points to high levels of Model S production.
- ADVERTISEMENT -