To: Red Badger
GM will never see a profit on the huge capital investments they made with EVs. Its a niche market and most people don’t want them. The company will go bankrupt by 2030.
To: allendale
GM will never see a profit on the huge capital investments they made with EVs. Its a niche market and most people don’t want them.
Regulations, especially insanely high CAFE standards, are forcing the issue. If you are buying a car in California in 2035, electric will NOT be a niche, unless something changes, and the big manufacturers cannot assume that (although Toyota is going as light on electric as they can, and have spoken skeptically on it as a universal solution.)
20 posted on
01/31/2023 1:47:49 PM PST by
Dr. Sivana
(But yet the Son of man, when he cometh, shall he find, think you, faith on earth? (Luke 18:8))
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