What a great interview. Definitely got some real insight where auto companies are heading.

Magna gives so many jobs to needed families and does really good for supporting communities around the world. Awesome job guys!

"how do you define an electric vehicle." No ICE at all is how you do it.

I certainly would have liked to hear more about his justification as to why diesels are good for the environment.

This is amazing. Thank you.

that is one smart DUDE

Guys, the math has been done, and THERE IS ABSOLUTELY NO DOUBT, that no matter how you produce the electricity to charge an electric car, the equivalent in gas is much more "dirty" and damaging to the environment when you compare it to that electric car. So what the Magna CEO is saying is completely wrong.

The thing he is missing is the price drop on solar and wind electricity he also misses that batteries will go the same way. That is how the cost will drop and how the consumers will get lower cost for transportation in the end. But they are investing in the right area and they will see a faster growth than he has expected in BEVs.

Why are Magna's robots yellow?

In the end the car industry itself will need to fight actively to cut ties to petrol, refinerys and wars about crude oil - but make firm committments to the future use of solar and renewables etc. instead.

The thing with a pure BEV and a PHEV is that in a BEV, you will not use the entire capacity of the battery. You never go to empty. If you have a 100 mile range, you would use 80 is at most, before you go recharge. In a PHEV, you'll use the entire battery and then recharge. So far, this is what I've notices among PHEV owners: 20 mile battery = getting gas once a month, 30 mile = every 2 months, 40 miles = every 4 months. I don’t have data for the BMW i3 Rex (70 or 100 EV miles) - I suspect you would get gas once or twice a year.

Any news on why Magna e-car failed?

EVs are only as environmentally friendly as the source of their electricity... true.

😋🙏🏻🔥

Really skeptical of this guy the efficiency of a coal plant is higher than driving an ICE around through all its uncomfortable rev spots therefore electric motor with near perfect efficiency can take advantage of any power plants far higher efficiency albeit you can maybe argue what specific pollutants come into play but idk how far his reasoning extends. As far as the shared mobility and public transportation goes I don't buy it. Lets say 10 percent of Americans use public transportation while an autonomous car can easily serve way more than 10 people but let's call it 10 then the additional vehicles would only increase by 1 percent while dropping far faster from people ditching their cars for a truly autonomous ride-sharing service albeit you can argue on how long that will take.

Did I hear that right @

"not very efficient with capital" says a lot.

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