Traditional automakers way behind Tesla on EVs

kAmv6?6C2= |@E@CD H2D 4@>>:EE:?8 :ED 3:886DE 3C2?5D E@ 2 ?6H =:?6 @7 6=64EC:4 >@56=Dj u@C5 2?5 '@=<DH286? H6C6 C2>A:?8 FA AC@5F4E:@? @7 t'D 56D:8?65 7@C E96 >2DD6D] xE H2D[ >2?J AC65:4E65[ E:>6 7@C E96 2FE@>@E:G6 H@C=5 @C56C E@ C62DD6CE :ED6=7]k^Am

kAm%9:?8D 92G6?’E EFC?65 @FE E92E H2J] u@C5’D G2F?E65 u\`d_ {:89E?:?8 92D 366? @FED@=5 3J E96 #`% 7C@> #:G:2?[ 2 DE2CEFA E92E D@=5 :ED 7:CDE G69:4=6 ;FDE EH@ J62CD 28@] v|’D =:?6FA @7 ?6H t'D 92D DF776C65 4C:AA=:?8 D6E324<D :? 32EE6CJ >2?F724EFC:?8] x? yF=J[ '@=<DH286? r9:67 tI64FE:G6 ~77:46C %9@>2D $492676C DF44:?4E=J DF>>2C:K65 9:D @H? 4@>A2?J’D t' 4@>A6E:E:G6?6DDi “%96 C@@7 :D @? 7:C6]”k^Am

kAm(:E9 ;FDE E9C66 >@?E9D C6>2:?:?8[ a_ab 92D 366? =6DD 2 C656>AE:@? DE@CJ 7@C =6824J 2FE@>2<6CD E92? 7FCE96C 6G:56?46 @7 E96:C BF28>:C6] x? E96 &]$][ %6D=2 92D 366? 6IA2?5:?8 AC@5F4E:@? 23@FE 2D 72DE 2D 2== @7 :ED 4@>A6E:E@CD 4@>3:?65] %96 pFDE:?[ %6I2D\32D65 t' >2<6C 244@F?ED 7@C e`T @7 7F==J 6=64EC:4 42CD 6G6C D@=5 :? E96 &]$][ >2<:?8 :E >@C6 5@>:?2?E :? t'D E92? pAA=6 :D :? D>2CEA9@?6D]k^Am

kAm%6D=2 DE2CE65 E96 J62C H:E9 2 5C2>2E:4 D2=G@ @7 AC:46 4FED E92E C6D6E 4FDE@>6C 6IA64E2E:@?D 24C@DD E96 :?5FDECJ] q67@C6 E96 492?86D[ E96 4962A6DE G6CD:@? @7 %6D=2’D |@56= * $&' 4@DE ?62C=J Sa_[___ >@C6 E92? E96 2G6C286 D6==:?8 AC:46 @7 2 ?6H 42C :? E96 &]$] qJ pAC:=[ E92E 5:776C6?E:2= 925 6G2A@C2E65]k^Am

kAm%96 =2E6DE D9@E 7:C65 :? %6D=2’D AC:46 H2C 42>6 @? ~4E] `[ H96? :E :?EC@5F465 2 ?6H |@56= * G2C:2?E E92E DE2CED 2E Sc[___ =6DD E92? E96 2G6C286 D6==:?8 AC:46 @7 2 ?6H G69:4=6 :? E96 &]$] %96 |@56= * :D @? EC24< E@ 36 E96 36DE\D6==:?8 42C :? E96 H@C=5 7@C a_ab — 6G6? 27E6C E96 AC:46 4FED[ :E’D 5@:?8 D@ H:E9 9:896C AC@7:E >2C8:?D E92? >@DE 2FE@>2<6CD >2<6 @? E96:C 82D@=:?6 G69:4=6D]k^Am

kAmu@C5 H2D 7:CDE E@ C6DA@?5 H:E9 5C2>2E:4 AC:46 4FED @7 :E :ED @H?] qFE 6G6? 2 C65F4E:@? @7 FA E@ S`_[___ 7@C E96 u\`d_ {:89E?:?8 H2D?’E 6?@F89 E@ <66A u@C5’D t' 6IA2?D:@? A=2?D @? D4965F=6] qJ yF=J[ rt~ y:> u2C=6J E9C@EE=65 324< AC@5F4E:@? E2C86ED E9C@F89 a_ae[ D2J:?8 E96 4@>A2?J 6IA64ED E@ =@D6 23@FE Sc]d 3:==:@? @? t'D E9:D J62C] “%96 AC:4:?8 AC6DDFC6 92D :?4C62D65 5C2>2E:42==J[” u2C=6J D2:5]k^Am

kAmv|[ E96 3:886DE &]$] 2FE@>2<6C 3J G69:4=6 D2=6D[ :D 2=D@ DA:??:?8 :ED H966=D] %96 4@>A2?J’D 9@A6D 2C6 A:??65 E@ ?6H 32EE6C:6D >256 3J :ED &=E:F> ;@:?E G6?EFC6 H:E9 z@C62’D {v t?6C8J $@=FE:@?[ H9:49 2C6 6IA64E65 E@ C65F46 4@DED] qFE 56=2JD 92G6 AFE :? =:>3@ E96 2G2:=23:=:EJ @7 v|’D ?6H 6=64EC:4 r96GJ q=2K6C[ tBF:?@I 2?5 $:=G6C25@]k^Am

kAmu@C5[ v| 2?5 $E6==2?E:D[ >62?H9:=6[ 2C6 ?@H =@4<65 :? 4@?EC24E ?68@E:2E:@?D H:E9 E96 &?:E65 pFE@ (@C<6CD F?:@?[ H9:49 >2J =625 E@ 9:896C =23@C 4@DED 5FC:?8 E96 42D9\E@C49:?8 42E49\FA A92D6 @7 E96 t' EC2?D:E:@?] W$E6==2?E:D 5@6D?’E A=2? E@ >2<6 :ED 7:CDE 6=64EC:4 #2> ECF4<D 2?5 (C2?8=6C y66AD F?E:= E96 6?5 @7 ?6IE J62C]Xk^Am

kAm%96C6’D @?=J @?6 4@>A2?J E92E 4@>A6E6D 2E %6D=2’D D42=6 @? 6=64EC:4 G69:4=6Di r9:?2’D q*s] xE’D 2=D@ E96 7:CDE 6I2>A=6 @7 2? :?4F>36?E E92E DF446DD7F==J EC2?D:E:@?65 7C@> D6==:?8 82D\A@H6C65 42CD E@ AC@7:E23=6 6=64EC:4 G69:4=6D]k^Am

kAmq*s’D 9:DE@CJ :D :ED6=7 F?:BF6] %96 4@>A2?J DE2CE65 @77 2D 2 32EE6CJ >2?F724EFC6C[ >2<:?8 E:?J A@H6C A24<D 7@C }@<:2 46== A9@?6D 2?5 s6== =2AE@A 4@>AFE6CD :? E96 `hh_D] (96? :E >@G65 :?E@ 2FE@D :? E96 a`DE 46?EFCJ[ :E 5:5 D@ H:E9 2 32EE6CJ\>2<6C’D >:?5D6E] x? a__h[ H9:=6 %6D=2 H2D 8=F:?8 E@86E96C 32EE6C:6D :? $:=:4@? '2==6J 7@C :ED 6=64EC:4 #@25DE6CD[ q*s H2D 3F:=5:?8 6=64EC:4 3FD6D :? wF?2? !C@G:?46]k^Am

kAmr@C6 E@ E96 AC@3=6> 7@C E96 :?4F>36?ED :D 9@H E96J’G6 =2C86=J 364@>6 2DD6>3=6CD @7 E9:C5\A2CEJ 4@>A@?6?ED] xE H2D 62DJ E@ 2DDF>6 E92E ;FDE 2D EC2?D>:DD:@?D 2?5 :?7@E2:?>6?E DJDE6>D 4@F=5 36 @FED@FC465[ D@ 4@F=5 E96 3F:=5:?8 3=@4<D 7@C t'D — 32EE6C:6D[ >@E@CD[ D@7EH2C6[ 492C8:?8 :?7C2DECF4EFC6] qFE E92E 92D?’E 366? 2 H:??:?8 DEC2E68J]k^Am

kAmq*s 5:5?’E 364@>6 2 5@>:?2?E 2FE@>2<6C :? r9:?2 F?E:= :E 564:565 :? a_a` E@ DE@A >2<:?8 42CD H:E9@FE A=F8D] %96 564:D:@? 2==@H65 E96 4@>A2?J E@ 7@4FD 6?E:C6=J @? t'D 2?5 H92E H2D ?66565 7@C E96:C DF446DD] (:E9:? EH@ J62CD[ :E 56E9C@?65 '@=<DH286? 2D E96 36DE\D6==:?8 42C 3C2?5 :? r9:?2j :? E96 E9:C5 BF2CE6C @7 E9:D J62C[ q*s 42>6 H:E9:? 2 H9:D<6C @7 56=:G6C:?8 >@C6 7F==J 6=64EC:4 G69:4=6D 8=@32==J E92? 6G6? %6D=2]k^Am

kAmq*s’D 5C2>2E:4 C:D6 D9@HD E92E :E’D A@DD:3=6 7@C 2 EC25:E:@?2= 2FE@>2<6C E@ 8@ 6=64EC:4[ 3FE :E >2J C6BF:C6 6I4:D:?8 E96 G6CJ AC@5F4ED 2?5 3FD:?6DD AC24E:46D E92E @?46 >256 E96> DF446DD7F=] u6H @E96CD 92G6 4@>>:EE65 E@ 5@:?8 E96 D2>6 — 6G6? H:E9:? 2 `_\J62C E:>67C2>6]k^Am

kAm%6D=2 DE2CE65 E9:D 4@?D6BF6?E:2= J62C :? t'D H:E9 2 32?8[ 2?5 :E >2J 6?5 :E H:E9 2?@E96C] %H@ J62CD 369:?5 D4965F=6[ E96 4@>A2?J :D 6IA64E65 E@ 7:?2==J DE2CE D6==:?8 :ED 7:CDE 6=64EC:4 A:4<FA[ E96 rJ36CECF4<[ :? 4@>:?8 H66<D] p =2F?49 52E6 92D?’E 366? 2??@F?465]k^Am

kAm%96 ECF4< :D 2? 2=:6?\=@@<:?8 >2DD @7 DE2:?=6DD DE66= 2?5 8=2DD — E96 >@DE C25:42= 56A2CEFC6 :? 3@E9 7@C> 2?5 7F?4E:@? E92E E96 A:4<FA H@C=5 92D D66? :? 86?6C2E:@?D] p?5 H9:=6 >2?J :? E96 :?5FDECJ 92G6 =2F8965 :E @77[ >2J36 E96J D9@F=5?’E] !C:46J A:4<FAD 244@F?E 7@C 2 7C24E:@? @7 &]$] =6824J 2FE@ D2=6D 3FE 2 >2;@C:EJ @7 E96 :?5FDECJ’D AC@7:ED] x7 ECF4<D DE2CE E@ 8@ 6=64EC:4 2D BF:4<=J 2D 42CD 2?5 $&'D 92G6[ E96? E96 6=64EC:7:42E:@? @7 E96 u\`d_[ $:=G6C25@ 2?5 #2> H:== 36 @7 6I:DE6?E:2= :>A@CE2?46 E@ u@C5[ v| 2?5 $E6==2?E:D]k^Am