30 December

“Palmer told Business Insider that delaying transitioning to EVs in favour of selling hybrids was a “fool’s errand” and warned that automakers doing so risked falling even further behind Chinese EV companies. “Hybrids are a road to hell. They are a transition strategy, and the longer you stay on that transition, the less quickly you ramp up into the new world. If you just delay transitioning to EVs by diluting it with hybrids then you are more uncompetitive for longer, and you allow the Chinese to continue to develop their market and their leadership. I honestly think it’s a fool’s errand.” Andy Palmer was Chief Operating Officer at Nissan, and then CEO of Aston Martin.