morekaos
Well-known member
Yup, have said it for years, this was Feb of 23 and subsequently mentioned it 8-10 times since…they are running a tight game…the other glomers are flounderingI would venture to guess that the lack of sales is the real driver of GM’s unenthusiastic production goals and recent price cuts. Toyota has this figured out correctly…We shall see but the EV “revolution” seems to be slowing as reality takes a bite…
General Motors doesn’t expect significant U.S. production of EVs until second half of year
· General Motors executives said they don’t expect significant production increases of new EVs until the second half of this year.
· The problem? Battery cell production at GM’s new or under-construction U.S. plants, executives said.
· As GM slowly increases production, others such as Hyundai and Ford have been ratcheting up production of EVs to close the gap on industry leader Tesla.
https://www.cnbc.com/2023/01/31/general-motors-ev-production.html
Additionally, for those who understand the future of the ICE market dominating for years to come look no further than the now third largest auto market on earth…flooded with ICE vehicles as far as the eye can see…
India beat Japan to become the third-largest auto market in the world with a massive growth of 23.40 per cent
The global overall sales tally for the calendar year 2022 saw India becoming the third-largest automotive market in the world as it got past Japan with 4.4 million units and a staggering growth of 23.40 per cent. India recorded the highest growth amongst the top five as the recovery phase following the health crisis has been all the more positive.
https://gaadiwaadi.com/india-becomes-3rd-largest-auto-market-beating-japan-germany/