The Market Vitals seminar by ACT Research covered various aspects of the market. Kirk Mann from Mitsubishi HC Capital America and Steve Tam from ACT Research shared reflections on various topics in the latest seminar market update.
‘”There’s been a lot of hype over the last four or five years on electric vehicles. And that’s not necessarily a bad thing. It’s attracted a lot of attention, capital, and investment. Which is something we need. We need to develop this technology. There are a lot of moving pieces we don’t have in place yet but that we’re starting to put in place. What [Dauch’s] presentation said was ‘yes, but’. And that ‘but’ is what we’re dealing with right now. We know where the challenges are, and we know what the homework is,” Steve added. In discussing the coming integration of clean energy products, Kirk iterated, “It’s going to be important for lenders to get on board with that. And if they’re here [at the ACT seminars], they’re going to hear what the landscape is going to look like over the next five, 10 years.”‘
Watch the full conversation