Cant teach an old car company new tricks not even when it& s … | Electric Cars and Hybrid Vehicle - Green energy

Cant teach an old car company new tricks not even when it& s …

27 Мар 2014 | Author: | Комментарии к записи Cant teach an old car company new tricks not even when it& s … отключены
Chrysler Electric Cars

Cant teach an old car company new not even when it s under new

Cant teach an old car company new not even when it s under new

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Despite promises to development of three electric car using federal loan to prevent its bankruptcy, Chrysler yesterday that it will disband the engineering team for the projects.

For decades Chrysler has on selling gas hogs like and minivans to turn a profit. As the of five out of the top 10 most polluting, passenger vehicles in America. has not surprisingly seen its sales by half in the last few years of gas prices.


So the plans to become a leader in the vehicles market introduced pre-bailout CEO Bob Nardelli seemed a welcome change of direction for old industrial giant.

However, s new CEO Sergio Marchionne, who took of the company after the government-brokered with Fiat, is himself skeptical of electric vehicles, that E.V. s will account for one to two percent of overall by 2015 a mere 60,000

The announcement that Chrysler s vehicle program, ENVI, be scrapped came amidst projections in the company s brand new plan. Some of you have that we are losing money, Marchionne, this is not true. The plan promises repayment of the billion bailout money by resting these projections on assumptions that the company double its sales by 2014, and revenue by 20% each year for the five years. Today is the day of the new Chrysler.

Unfortunately, the new Chrysler is going to be one produces about half a fewer electric vehicles by than it promised in its application for the billion federal bailout it from taxpayers. Not only this slow the growth of and plug-in hybrid vehicles on US it will also have supply-chain effects on suppliers of components, such as battery A123 .

These are the technologies Chrysler promised American when it sent its CEO to Washington for money to avoid its collapse. To from the agreement is unethical at and downright dubious at worst. As as August, Chrysler received $70 more in federal funds DOE to support the development of a fleet of 220 vehicles, which has now been

Chrysler Electric Cars

Meanwhile, virtually every major US automaker is putting a down payment on commercializing an drive or hybrid vehicle small start ups like Fiskar. and Coda to giant brands like Honda, GM, and GM plans to have the first plug-in hybrid electric the Volt, on the market next

GM estimates that it could get 203 per gallon.

Maybe Chrysler s from electric vehicles is a of an early industry shake where companies without a advantage tip their hat and exit the when they foresee an to compete. But with more fuel economy standards to it seems unwise for a company to define its future to be turning its on electric drive technology.

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