EVs - You Need a Billion Dollars to Get Them to America?

John Defterios: I remain agnostic about volume production of vehicles by contractors. Before he died, Jim Harbor said essentially there's a sweet spot for car assembly where it makes way more sense for an OEM to contract it out. He said anything below 80% of that, you're better off giving it out to Magna or Valmet or whoever. And today's EV, if that volume is still a valid, the 120 that you're talking about is still avalid number," says Defterios.