Wheh, that’s a big question… and I was dismayed to see myself giving such a short answer to it in my Newshour appearance. There are a host of reasons for my swift “no” answer to that question… here are a few of them:
1: GM Doesn’t need saving. The Government “saved” GM.
2: The market projections for EVs are all works in progress.
3: GM isn’t actually committed to the electrification of the car. It’s committed to gas engines and transmissions and the idea of “range anxiety”… for its “electric car.”
4: If GM were committed to electrification, and that was a prudent business gamble, it would still be chasing Renault-Nissan just as Honda chased Toyota in the race for hybrid leadership not so many years ago. And like Honda, GM seems less committed (in the literal, mechanical sense) to the electric car than the emerging global leader, Nissan. Yes, the Volt is mechanical marvel, unrivaled in its complexity… but only because it clings to its gas technology. Honda’s hybrid half-step, never introducing an electric drive mode to its “mild” hybrids, seems pragmatic by comparison. Toyota’s sole ownership of the “hybrid halo” is instructive (and worrying for Toyota, considering it’s been taking a GM-esque tack towards EVs lately).
5: Even after GM starts selling tons of electric cars (in a scenario where that is indeed possible), it will be working uphill to re-establish consumer trust (in all its products) that was squandered over decades.
I could go on, but I’d rather hear your answers to the question.











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