The other day Honda announced they were taking their time on EV’s.
Today Mazda poopoos their own new EV.
They need a product to placate the regulators and not bet the farm.
Recall Sergio:
I hope you dont buy it because every time I sell one it costs me $14,000, he said to the audience at the Brookings Institution about the 500e. Im honest enough to tell you that.
https://www.reuters.com/article/chrsyelr-ceo-evs/fiat-chrysler-ceo-please-dont-buy-fiat-500e-electric-car-idUSL1N0O71MS20140521
And Japan is famous for its backchannel collusion.
Let’s remember - as part of the CAFE standards for fuel efficiency... makers can count EV vehicles massively towards offsetting other vehicles (like the huge and growing fleets of SUVs, crossovers, and the never-ending trucks that will likely NEVER meet those standards on their own merits.