Posted on 12/07/2021 11:38:46 AM PST by ChicagoConservative27
General Motors (GM) has committed to spending $35 billion to bring 30 new fully electric vehicles (EVs) to its market worldwide by the end of 2025 — just four years from now.
And the company says that two-thirds of those models will be available in the United States. About 40 percent of GM’s U.S. production will consist of battery-powered vehicles, including crossovers, SUVs and trucks.
Set aside for a moment whether or not that’s a good goal; it may well be. The real issue is whether it’s an achievable goal. Just look at the manufacturing and sales challenge.
(Excerpt) Read more at thehill.com ...
Not and stay solvent.........................
Who paid for the gas stations across the country?
“General Motors (GM) has committed to spending $35 billion to bring 30 new fully electric vehicles (EVs) to its market worldwide by the end of 2025”
$$$$$$$$$$$$$$$$$$$$$$
$35 bn / 30 cars = over $1bn / car
“For the Conspicuous Consumer...”
Spoiler alert... It can’t, and it won’t.
Hundreds of thousands of Americans aren’t going to be beating down dealership doors to buy $80k electric SUVs from Cadillac and Hummer.
“Who paid for the gas stations across the country?”
Don’t forget to ask who provided the gas when it was needed.
Maybe, but I will never buy another GM vehicle again. GM is only one step above Fiat.
>>> Can GM increase electric vehicle production 2800 percent in four years? <<<
Only if China can produce enough batteries.
It’s not just a GM question, it’s a supplier question too.
Also depends on what the current production is. Increase by a factor of 28 in four years is easy when the strting production rate is minuscule.
Since much of the EVs are replacing cars that already exist, it is just a matter of retooling the factories. Some of the components (e.g. steering, seats, doors) will be similar to what went before and would be no different than a new model ICE car. Also, electric cars are less complicated mechanically, most of the money is going to go into batteries. Panasonic will probably be the bog winners.
With no new power plants, there might be a problem brewing.
There are over 5000 new chevy trucks sitting at the closed GM plant in kokomo Indiana, because they can’t get chips
Mice are chewing up the wiring as they sit
Who’s going to buy them other than other corporate entities?
Producing them is easy, it’s selling them that’s the problem. It will take massive gov subsidies and the banning of internal combustion and diesel engines for transportation.
I wonder how many HOAs have similar restrictions on homeowners?
So it's not just availability of power and batteries...
What would be interesting is to see if any auto maker would try to use super-capacitors instead of lithium batteries as the power storage medium.
Slightly off topic, but only slightly.
If my recollection is correct, the Pruis and other hybrids made it to market before the all electrics become fairly common. It’s my understanding that the hybrids recharge the batteries while running on gasoline. I thought that capability might make the hybrid the car of the future.
But now it seems the hybrid is not even part of the current conversation. Anyone know what that is? There’s still plenty of oil and hybrids wouldn’t require the massive, nationwide investment in recharging stations.
Slightly off topic, but only slightly.
If my recollection is correct, the Pruis and other hybrids made it to market before the all electrics become fairly common. It’s my understanding that the hybrids recharge the batteries while running on gasoline. I thought that capability might make the hybrid the car of the future.
But now it seems the hybrid is not even part of the current conversation. Anyone know what that is? There’s still plenty of oil and hybrids wouldn’t require the massive, nationwide investment in recharging stations.
Good. Let them chew. If they hadn’t kicked President Trump out, they would had their chips. And if they built them to 1955 specs, they would not need chips.
Let’s just say they can. Where do they think they will find the customers for this product, which consumers have clearly shown little interest in.
Agree.
Raw materials.
Manufacturing facilities.
Skilled people.
Union participation (?)
Computer chips and other outsourced components.
And whatever else I missed…..
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