08 Oct '17, 6pm

Sell your Fiat Chrysler stock: Marchionne Believes Too Many Electric Cars Could Endanger The Planet

His primary objection is that the electricity needed to recharge all those electric cars today comes from coal fired generating plants that spew copious quantities of carbon emissions into the atmosphere. Therefore, more electric cars will inevitably lead to more emissions, not less. Marchionne also used the occasion to reiterate his claim that Fiat loses up to $20,000 on each 500e it sells.

Full article: http://gas2.org/2017/10/08/marchionne-believes-many-elect...

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