Continental says yes to EVs, no to diesels
Neumann's stance is bolstered by Ford's recent decline in diesel truck sales and, more importantly, by a recent Conti study that showed high consumer interest in zero-emission vehicles. Making the shift to EV support is not a problem for the supplier, because Conti is well into setting up advanced battery deals with some automakers. The lithium-ion battery in the upcoming Mercedes-Benz S400 BlueHybrid will be from Continental and then there's that whole Chevy Volt thing.
[Source: Thompson Financial]
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