“”If there’s ways that we can partner with others, especially on technologies that are not consumer-facing, and be more efficient with R&D as well as capital, we’re all in,” GM CEO Mary Barra told investors “
It sounds so well-meaning, but shouldn’t common sense at a default level transcend any “new normal(s)” or is this supposed to be some kind of new global industrial “common sense”?
Applying “the lowest common denominator” to this subject yields three inescapable facts and they are:
1. Current EV/lithium batteries are too heavy.
2. Current EV/lithium batteries are explosive.
3. Current EV/lithium batteries are too expensive.
Given the foregoing 3 facts, Ford and GM should forget, for now, manufacturing even 1 more Tesla type EV. My daughter and her husband have one and realize they can’t give it away.