GM and VW pull the plug on plug-in hybrids. Ford and Toyota…not so much.

The short version:

•  GM and VW state they will not produce plug-in hybrids (PHEV) in the future.
•  Mark Ruess, GM’s president, states hybrids are countermeasures to ICE vehicles.
•  Ruess also says everybody knows EVs are going to happen, and he wouldn’t invest in hybrids.
•  VW has also expressed similar opinions with the MEB chassis. 

I have to agree with GM and VW here. With how quickly the industry is changing, I just can’t see how PHEVs are a good spend of R&D budget. Ford and Toyota are both moving down the PHEV road, so clearly some feel I’m wrong.