Analysis · Debate reply · beta

François-Philippe Champagne

154 words · 11 sentences · 14 clauses

Replying to Raquel Dancho (Conservative)
“Madam Chair, I do believe Volkswagen has written down $6 billion because of losses in electric vehicles. These CEOs are really showing what the market is demanding, and that is not electric vehicles. If we look at Stellantis, for example, it wrote down $26 billion on EV investments. Stellantis cited that its customers were not buying them, and that is why it just could not make a profit from EVs. Just in January, GM, which also received subsidies from the Liberal government and the taxpayer, announced $6 billion of write-downs as well on EV operations. They warned that more EV writedowns may be happening. In December, Ford announced nearly $20 billion of writedowns. It just keeps coming on EV productions. After years of trying to make them profitable, they are just not profitable. Again, how can the minister stand here and say that the government has spent hundreds of millions of dollars and committed billions more, yet the CEOs themselves are saying that they cannot make a profit with these EVs?”
Statement grade
A–
Average 87 / 100
A score under 50 is red. Choose a measurement to see where it lost points and why; choose it again to clear.
Greeting 3%Claims 81%Aside 9%Positioning 7%

This view breaks the statement into its steps and names what each one does.

Mr. Chair, Greeting · 4 wordsit is a pleasure.Greeting Claims · 48 wordsI know the member knows the sector because she has New Flyer in her riding, 1which I am still looking forward to visiting because it is a great company, and it is also looking at electric buses.Partly on point My colleague will be happy to learn we were very disciplined. Aside · 14 wordsThe Chair will remember this because I know he took note at the time.AsidePartly on point Claims · 44 wordsWe were talking about production subsidies. This was on the back of the Inflation Reduction Act.2 In order to attract these investments, we were very smart, because we said we would only pay out when a number of units had been built and sold.3 Positioning · 11 wordsMembers should be reassured that we have been good fiscal stewards.Positioning Claims · 33 wordsWe have attracted investment. We have been very disciplined in how we structured these deals. I would say to my colleague that she should keep in mind that the electric stack is the—Partly on point

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