Be part of Date: Might 2017
Location: Indianapolis, IN
Large gubment threw international automakers a lifeline and offered them on a disposable automobile platform that had greater margins, much less guarantee claims and considerably extra long run profitability primarily based on the “cellphone” mannequin of getting a brand new one each few years. Most of them jumped on the likelihood, in lockstep, with zero buyer knowledge, little or no infrastructure, and little or no relevant expertise to help such a transfer. And right here we’re, with most of them consuming crow as a result of the demand doesn’t even come near supporting EVs on a mass scale. BMW and anybody else that was silly sufficient to purchase into EVs deserves every little thing coming to them and if their boards had any shred of credibility, we ought to be seeing a wave of CEO removals due to it.
Final edited by allinon72; At the moment at 12:19 PM..
