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by leoedin 3242 days ago
If they're lagging in the EV department due to lack of funds, purchasing a startup like this won't change that. Bollinger probably designed almost none of the core "EV" stuff - motor drivers, motors, charging circuitry etc. They couldn't afford to. They've almost certainly bought it off the shelf from one of the many automotive OEMs. Chrysler could do the same.
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It doesn't help that FCA insists on doing the bare legal-minimum wrt to EVs. Their executive team does not see any value in EVs, they are literally just a cost of doing business for FCA.