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Natural Resources committee I don't have the answer to that. I know that the whole transformation to a zero-emissions format is going to cause pain in some areas and gain in others, but I don't think there's a free ride to get there.
June 14th, 2021Committee meeting
Don Romano
Natural Resources committee We have to, absolutely.
June 14th, 2021Committee meeting
Don Romano
Natural Resources committee Let me verify the question. Are you talking about the production of the vehicle itself or the point at which our fleet will become carbon neutral?
June 14th, 2021Committee meeting
Don Romano
Natural Resources committee I can't answer that. We're not into production at Hyundai Canada—we're into distribution—so I really don't know how long it will take. I just know that we are focused on reducing the carbon footprint in the production of the vehicles.
June 14th, 2021Committee meeting
Don Romano
Natural Resources committee All I can tell you is that I believe we are at the eight-track tape phase of electrification. We're not even at the cassette, let alone the SiriusXM streaming phase. The batteries are going to get smaller and lighter. Companies out there are currently working on solid-state batt
June 14th, 2021Committee meeting
Don Romano
Natural Resources committee All I can tell you is that we do substantial studies in all weather conditions on all road types here in Canada. We do exhaustive studying by putting the vehicles through the rigours of the different climates and road conditions. In terms of the results, we wouldn't put it back i
June 14th, 2021Committee meeting
Don Romano
Natural Resources committee I will get that information. I was asked that question earlier and I will provide that to you as well. I do not have that at my disposal right now. Sorry.
June 14th, 2021Committee meeting
Don Romano
Natural Resources committee We have a standard for hydrogen. We do not have a standard for electric vehicles that has been adopted by all manufacturers, but there are adapters that are bridging that problem. I think the bigger issue right now is that we don't.... The people providing the charging infrastr
June 14th, 2021Committee meeting
Don Romano
Natural Resources committee I believe the industry will solve those problems, but I think government support in encouraging greater utilization of chargers—fast chargers, DC chargers—throughout the country will accelerate the adoption of EVs in general by the population.
June 14th, 2021Committee meeting
Don Romano
Natural Resources committee We're not public. We don't disclose our profitability numbers.
June 14th, 2021Committee meeting
Don Romano
Natural Resources committee No. I'm not at liberty to share.
June 14th, 2021Committee meeting
Don Romano
Natural Resources committee I'm not at liberty to discuss our—
June 14th, 2021Committee meeting
Don Romano
Natural Resources committee I understand. We've had years of losses and years of profit.
June 14th, 2021Committee meeting
Don Romano
Natural Resources committee I would say that right now the focus.... We need to do both. We need to make hybrids. We need to make plug-in hybrids, but that's from a consumer perspective, because some people don't have charging infrastructure. They don't have the ability, if they live in an apartment or a co
June 14th, 2021Committee meeting
Don Romano
Natural Resources committee Go ahead, please.
June 14th, 2021Committee meeting
Don Romano