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I guess by comparison to pure EV’s they’re in a good position in the hybrid market for anyone who needs longer range and quick gas refills. But their EV competi

I guess by comparison to pure EV’s they’re in a good position in the hybrid market for anyone who needs longer range and quick gas refills. But their EV competitors are all currently moving down the experience curve and building scale and capacity. This will be harder to rejoin the party later, especially if eg Tesla and BYD stay aggressive on pricing.

jfengel 3y ago
That's a market that isn't going to serve them as well as they imagine. Most people just genuinely don't need that "longer range and quick gas refills", very often if at all. In return, they have shorter electric range because they have to carry around a heavy engine and a more complex drive train, which requires vastly more maintenance. It's a fence-sitting position driven by inertia rather than a serious consideration of people's driving habits and the future direction of automobile infrastructure. That does not bode well.