Sergio Marchionne: Maybe EVs Are the Future, Who Knows, What the Hell…

Steph Willems
by Steph Willems

Shortly after publicly dissing Tesla for the umpteenth time and speculating that electric cars aren’t the future, Fiat Chrysler Automobiles CEO Sergio Marchionne now says he wants to make an electric car.

Well, maybe. If he has to. But it’s probably gonna happen. This EV thing could be big, you know.

The indecisive company head told Bloomberg that he’s considering adding a selection of EVs to FCA’s portfolio, with a Tesla-fighting electric Maserati being the most likely offering.

Marchionne said that using the Maserati Alfieri as an experimental platform for a new EV is an idea he finds interesting, telling Bloomberg Television, “I’ve always thought the economic model that supports Tesla is something that Fiat Chrysler could replicate as we have the brand and the vehicles to do it.”

The sleek Alfieri, a grand tourer that was expected to start production this year, recently saw its arrival date pushed back to 2018. Constantly changing timelines are the norm at FCA, so the delay could give Marchionne time to work on his Tesla-fighting dreams before its launch. He admitted, though, that such a vehicle wouldn’t happen until after her retires in 2019.

Another half-formed plan festering in Marchionne’s brain is the creation of an electric city car for the European market.

FCA sells no EVs in Europe, which is rapidly ditching diesel as its fuel du jour. As major cities pass laws banning the use of fossil-fueled vehicles in city centers (or at certain times or days of the week), a small EV would help the company tap into a potential growth market. It would also boost the SUV-heavy company’s green credentials, given that the electric Fiat 500e (a money-losing model that Marchionne hates) is only sold in North America.

The CEO claimed he’s still not convinced that EVs are “the solution for all of man’s ills,” but figures he may as well experiment if everyone else is doing it. Peer pressure is a hell of a drug.

[Image: Maserati]

Steph Willems
Steph Willems

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  • 28-Cars-Later Mileage of 29/32/30 is pretty pitiful given the price point and powertrain sorcery to be a "hybrid". What exactly is this supposed to be?
  • MRF 95 T-Bird I own a 2018 Challenger GT awd in the same slate gray color. Paid $28k for it in late 2019 as a leftover on the lot. It’s probably worth $23k today which is roughly what this 2015 RT should be going for.
  • Mike978 There is trouble recruiting police because they know they won’t get support from local (Democratic) mayors if the arrests are on favored groups.
  • FreedMike I'm sure that someone in the U.S. commerce department during the 1950s said, "you know, that whole computer thing is gonna be big, and some country is going to cash in...might as well be us. How do we kick start this?" Thus began billions of taxpayer dollars being spent to develop computers, and then the Internet. And - voila! - now we have a world-leading computer industry that's generated untold trillions of dollars of value for the the good old US of A. Would "the market" have eventually developed it? Of course. The question is how much later it would have done so and how much lead time (and capital) we would have ceded to other countries. We can do the same for alternative energy, electric vehicles, and fusion power. That stuff is all coming, it's going to be huge, and someone's gonna cash in. If it's not us, you can damn well bet it'll be China or the EU (and don't count out India). If that's not what you want, then stop grumbling about the big bad gubmint spending money on all that stuff (and no doubt doing said grumbling on the computer and the Internet that were developed in the first place because the big bad gubmint spent money to develop them).
  • MRF 95 T-Bird The proportions of the 500/Taurus-Montego/Sable were a bit taller, akin to 1940’s-50’s cars in order to cater to crossover buyers as well as older drivers who tend to like to sit a tad higher.
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