Tesla is apparently working on a low priced EV to be produced in their gegafactory in Shanghai China.
And looking to build another gegafactory in China.
GM is just not quick enough on their feet.
Tesla has been promising low(er) cost vehicles for about a decade now, and has not delivered on that promise.
And, depending on China to help them produce anything, vehicles and batteries, is pretty foolish, given the international relations that are very confrontational lately, and won’t be getting any better in, perhaps forever.
GM has promised that they will be all-electric by 2030-2035. If they can accomplish that goal, they’ll be the biggest EV maker on the planet. GM lost me as a customer with that promise, since I won’t be getting any EV from them or anybody, and if they do stop producing ICE vehicles, why would anybody buy anything from them now?