Wednesday, December 1, 2021

Stellantis CEO says EV cost burden is 'beyond the limits' for automakers

I can't say I disagree with this guy's stance on the whole EV thing.

What has been decided is to impose on the automotive industry electrification that brings 50 percent additional costs against a conventional vehicle. There is no way we can transfer 50 percent of additional costs to the final consumer because most parts of the middle class will not be able to pay.