General Motors halts EV production! General motors CEO Mary Barra is turning back to gas cars!
Massive losses, unsold EVs, and a $106 million fine – find out the truth about GM’s controversial decisions.
Are electric vehicles not the future we thought they were? Find out how GM’s moves affect the entire auto industry, and why even Tesla is feeling the heat. And if you value clarity over hype, don’t forget to Subscribe & Like.
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I think there is quite a bit of misinformation here about GM and EVs in general. I agree that GM probably lost money or made very little on the Bolt EV 2LT. But they were the ONLY EV that I could buy that was well equipped and cost around $30K. Tesla can't get close to that even after all their price cuts. The ONLY Bolt weakness is their show charging times. But if you have an ICE for long trips and use the Bolt for trips less than 125 miles away, you can do what I always do and charge at home. GM even paid for a 240V receptacle install in my garage (about $770 charge by QMerit). So effectively, I got a well equipped EV for under $30k. My Bolt has so many options, the list is long, and IMO way better than what Tesla offers. And the biggest reason GM is having to cut back is the UAW strike. They may be getting more from now forward, but they will not live long enough to recoup the dollar loss to their families, and they might cause their entire company to fold and lose the only job most are trained to do. They played with fire IMO. The other problem they have is that high interest rates (thanks Brandon) and inflation have brought car sales to their knees. Many dealerships will fold within the next 2 years. Good job UAW. I hope you're satisfied. As for Brandon, there is no hope for him as he and his comrades in crime have no clue how to fix stuff.
BOO WHO! LOL
This is what happens when you put activists and climate extremist terrorists in charge of the business.
Funny how "Reality" is different from licking leftist boots spouting propaganda. People dont want children's toys.
Meanwhile the government is spending 100's of millions of tax dollars to build charging stations across the country that no one will use. Green New Deal Morons !
‘You led Mary…..shutting down EV production”…..
Who in there right FREAKING MIND would buy an EV. They are JUNK and a FIRE HAZARD
EV with trailer … just do NOT expect to do a road trip while hauling a trailer. I have yet to see a charging station (even at truck stops) that can accommodate an EV + trailer combo. With the exception of 1 charging station in Tenn. with 4 pull-thru stalls …. every charging station I’ve ever seen (in real life or photos), one has to detach the trailer AND park the trailer somewhere BEFORE being able to pull the electric truck into the charging station. … oh-so super convenient!
Damn, clickbait and I fell for it. Smh.
Biden is the reason by forcing companies to build eve
Well, most of what's said here isn't accurate. GM hasn't shut down EV production…It is delaying start of production on a couple models, but they are still producing EVs. Be careful what you read and what you believe.
You thought EV was the future. But people with common sense knew we would not buy them.
So tired of these lies on YouTube. This is a lie and GM is not shutting down EV production. YouTube needs to stop these lies. Sickening!
She needs to go and EV are a joke.
Barra has no idea what the f**king hell she's doing and I'm not sure she even cares other than trying to fill her pocket book with more dough!! That was what turned me away from GM after being a loyal customer for some 30 years until she took over.
EV might be the future, but yet. Not in the next 10 years.
Mary Barra is the current Roger Smith for GM… I remember her crowing about how she was going to make GM "The most diverse & inclusive employer in the world." Nothing about value or quality, no- she is such an ass-clown
To bad they can't make the C8 for $59,900 any longer. They might sell some of those. I would by a second one.
EV's making China rich along with the US politicians they have bought.
Yes