A former leader at three of the largest U.S. automakers shared his no-nonsense take on America’s attempt to transition to electric vehicles (EVs).
Bob Lutz, former executive at GM, Ford and Chrysler, told businessman John Catsimatidis on a recent episode of the Cats Roundtable podcast: “The government fuel economy rules … are such that they basically cannot be met without broadscale electrification. What we’re seeing is electrification that could occur naturally, because there’s a lot to be said for electric vehicles, but right now, it’s being forced by governments for environmental reasons.”
Lutz believes there’s not enough electricity-generating infrastructure in the U.S. to support President Joe Biden’s goal of having 50% of all new vehicle sales be electric by 2030. He also believes there’s simply not enough demand. (MoneyWise 11/03/23) 'The American public is not ready': Ex-honcho at Ford, GM and Chrysler says hitting Biden's electric vehicle sales goal by 2030 'is just not going to happen' — here's why he's unconvinced (msn.com)
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