Posted on 03/12/2023 11:57:33 AM PDT by CFW
I once believed that GM had everything needed for a successful EV program. The Detroit carmaker invested billions in overhauling its factories and building new ones. Its EV plans looked rock solid, with more than a dozen EV models planned, some in the mass-market segments. GM even started partnerships with battery makers and raw material suppliers to ensure it has everything in place for a successful execution of its EV plan.
I smiled when Mary Barra vowed to surpass Tesla by 2025, although I thought if anyone were to challenge the EV leader, it would be GM. With all the resources, all the money, and all the factories, GM had a shot at being an important player in the EV arena, even without selling more EVs than Tesla. GM proved me wrong despite all this, with a disappointing EV production in 2022 and no sign of improvement in 2023.
(Excerpt) Read more at autoevolution.com ...
From the article:
"Understandably, GM has prioritized the other high-profile EV in its portfolio, the Cadillac Lyriq, which started sales almost a year ago. Even so, it has only produced 1,000 Lyriqs since production began in March 2022."
Is production of only 1,000 vehicles in a year for an EV model low for a type of automobile which is supposed to be in big demand? So, are EVs really not in that much of a demand by the general population? Can a sector of the industry survive if only about 5 percent of the consumers are even interested in their product? How long can they keep manufacturing EVs if no one is interested in buying them?
They aren’t called “Government Motors” for nothing.
They are every bit as corrupt and incompetent as the US feral government.
GM can’t force anyone to buy this EV nonsense.
Only the PRODUCERS of EVs now realize just how small their market is...and Tesla owns most of it.
Nothing but loss awaits them.
You are creating electric Carson Detroit. The plant cannot run without electricity created from fossil fuels. Irony is great here.
Once General Motors became GOVERNMENT Motors, they necessarily had to adopt the woke, Neo-marxist sloganeering and culture.
The next economic crisis, which we have only just begun to enter, has already exposed the destructiveness of this.
Wokety brokety.
Fellow Freepers, I see an economic collapse dead ahead. Be prepared...
Will we have to bail them out AGAIN?
Behold the power of corporate bigwig group think!
Obvious to everyone but them, the market was small, not likely to grow much and what there was Tesla owned it!
Ford is building a huge battery plant here in Tennessee.
Unfortunately they are doing this because it’s what the government wants not what consumers want to buy.
This whole EV madness is not the result of natural market forces.
Mary Bara and her dad Yogi.
> GM can’t force anyone to buy this EV nonsense. <
True, but the government can. And unfortunately that’s just where we’re headed. 🙁
In one of their latest investment announcements they expect to spend far and away the majority of it in, wait for it,
THEIR NEW V-8 PRODUCTION PLANT
Only a fraction will be earmarked for EV production efforts.
Fascinating.
Screw any entity involved with SAIC Motor. Any GM product should be shunned due to their Chinese masters.
Government can go electric first.
EV = Not Wanted
GM. I used to purchase their ...er...product.
Then, I discovered that Japan made cars that actually fit together, retained their paint, and worked.
Nikola Semi
https://www.cnbc.com/2022/03/23/nikola-begins-production-of-battery-electric-tre-semitruck.html
“”GM can’t force anyone to buy this EV nonsense.””
Back when Gray Davis was the Kalifornia Governor, they mandated that 10% of all cars sold in Kalifornia be electric. Toward the end of the year, when it became obvious they were nowhere near the 10% mark, Governor Davis had the State Government purchase just enough EVs to reach 10%.
Reminds me of the video of a Soviet Union tractor factory. Outside the factory were rows and rows of rusting tractors. Inside, they just kept producing more tractors. Everyone had a ‘job.’
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