Tag Archives: Fiat Chrysler
Do Electric Cars Really Serve as Cleaner Alternatives?
There is a popular belief that electric cars are environment-friendly because of their zero emission values. However, Ferrari and Fiat Chrysler CEO Sergio Marchionne is not buying it.
Ferrari has shown us their hybrid car concept for the 599 back in 2010, their latest hybrid Ferrari LaFerrari, and their Formula One cars are now using a hybrid powertrain that is proving to be a major challenge for the reigning champion, Mercedes. Despite that, it seems electric cars do not sit well with Ferrari executives. The fans of the brand share the same sentiment too. After all, the brand has been known for its powerful cars ran by combustion engines.
Marchionne pointed out in an interview with CNBC that electric cars may not be as clean as they seem. He said that the full environmental impact of electric vehicles or EVs must be analyzed thoroughly. He recommended a full examination on the origin of the electric power, where it comes from, the manufacture of its batteries, cost in terms of carbon dioxide and its environmental impact.
The CEO pointed out that if they are using nuclear power in the production of such, then he has no issue about it as he thinks that is the right thing. He explained that if companies are still using fossil fuel to produce EVs, there is a bigger issue regarding the matter.
The report claimed that as of now, Ferrari has no public plans to develop EVs. Ferrari execs and fans defended their stance with the fact that electric cars would not fit in the brand’s image. However, the source stated that their position might change due to the strong push of governments worldwide for electrification in order to curb pollution.
It should be noted that Fiat Chrysler does have its own electric models as well, but Marchionne revealed that the company is losing as much as $20,000 for every electric model of the Fiat 500.