“What we are seeing that in China what is really selling are the very low cost electric cars. This is where the market is moving.”
Renault-Nissan CEO Carlos Ghosn is aiming to sell an all-electric car for about 8,000 dollars in China (we reported) and now told CNBC that this ultra-low priced EV could come to the market within in the next two years.
“Our view is that a hydrogen-based society is much more promising than a battery-based society. No one knows what the right source of electricity is, fuel cell or battery.”
According to Toyota’s European chief Didier Leroy, the Japanese carmaker does “not need to rush into EVs like some of our competitors, which have the immediate need to drastically reduce their average fleet CO2 emissions,” because Toyota and Lexus have already sold more than 9 million hybrids and 75,000 plug-in hybrids globally.
– ADVERTISEMENT –