What's stopping Chrysler getting the same payout as T for its EVs? MW
On 10 May 2013, at 12:38, brucedp5 wrote: > > Tesla Cashing in on $250 million of California Environmental Credits > > http://articles.latimes.com/2013/may/05/business/la-fi-electric-cars-20130506 > [image] Tesla drives California environmental credits to the bank > By Jerry Hirsch May 05 2013 > > ... > In its zeal to push electric cars into the market, the state has created a > system in which Tesla can make as much as $35,000 extra on each sale of its > luxury Model S electric sports sedans. That's because the Palo Alto company > qualifies for coveted state environmental credits that it can turn into > cash. > > ... > Take the case of Chrysler Group. Its Fiat brand is about to release the > electric version of the subcompact Fiat 500. Even with the help of > subsidies, Chrysler will lose about $10,000 on every sale of the $32,000 > car. > > In a speech to automotive engineers last month in Detroit, Chrysler Chief > Executive Sergio Marchionne called the transactions "masochism to the > extreme." > > "I believe that we could continue to explore the potential of electricity, > but without being strong-armed by regulators," he said. > > _______________________________________________ UNSUBSCRIBE: http://www.evdl.org/help/index.html#usub http://lists.evdl.org/listinfo.cgi/ev-evdl.org For EV drag racing discussion, please use NEDRA (http://groups.yahoo.com/group/NEDRA)
