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" ... “The old business model had two profit centers: profits from making and selling cars, and the profits from the replacement parts servicing those cars. But not only is there, as yet, no established parts market for electric cars, the technology in question does not even conduce to this kind of parallel evolution. This being so, and without a very radical change in the basic business model, absenting large state subsidies, the medium-term commercial prospects are tougher than many seem to think,” Coffey said. ... "