12 Oct '17, 12pm

Fiat-Chrysler chief Sergio Marchionne doesn't think electric cars, Tesla are viable

Sergio Marchionne Enlarge Photo The question of electric cars and their profitability remains a major factor as automakers and brands move to electrify vehicle portfolios. While many automakers commit to an all-electric future through various sources of electrification, one remains skeptical of the business model: Fiat-Chrysler Automobiles. In fact, FCA's CEO Sergio Marchionne, dumped cold water on electric cars' viability—cars many consider the answer to rising emissions and curbing climate change. DON'T MISS: 2017 Chrysler Pacifica Hybrid: first drive of plug-in hybrid minivan Speaking to reporters on Monday, the FCA executive said there is no viable economic model for electric cars and used Tesla as an example. "We still don't have a viable economic model for delivering an electric car," Marchionne said. Despite a shift to electric cars, Marchionne believes the business...

Full article: http://www.greencarreports.com/news/1113204_fiat-chrysler...

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