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GM CEO Just Shut Down EV Production

Posted by deleted 1 year, 2 months ago to Business
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GM can't get it done, Ford is soon to follow. Musk is still the leader, yet everyone is experiencing cold weather battery problems and some people are having battery fires.

It's telling that the 3 big manufacturers met with Biden for government aid, and they are shutting down or about to shut down their EV lines. More government investment wasted, stolen? Or just economic reality setting in?

Musk who was not invited, is still doing fairly well at it. His EVs are still subject to the same battery problems.

I don't mind people who want EVs having them. I just don't want to have to pay more taxes so they can drive them. I don't want gasoline vehicles outlawed.

If anyone could come up with a stellar battery EVs could be viable. But so far, we would just be trading oil dependence for mineral dependence...not to mention all the oil needed to mine the minerals...

Yeah let's stick to nuclear and hydrocarbons. Let those who want to invest in renewables invest as they please.

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  • Posted by mccannon01 1 year, 2 months ago in reply to this comment.
    I'm seeing "EV mechanics wanted" at dealerships near me. I figure the longer EV products are on the market the number of them needing repairs will increase. If there aren't enough mechanics to fix them, then the longer the wait to get your car back - go rent an ICE vehicle.
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  • Posted by tutor-turtle 1 year, 2 months ago in reply to this comment.
    From cradle to grave, EV's create more actual pollution that ICE cars.
    They cost more to run.
    Chew through tires 4X faster than ICE autos.
    Long trips are simply out-of-the-question. Full stop.
    The dangers of LiOn Batteries continue to be a cause of concern. They are fragile and so expensive, if they have to be replaced, for any reason, the car is a total loss.
    They are too damm expensive for what you get. Car companies lose money on every sale, and this is with massive government subsidies (i.e. your tax dollars)
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  • Posted by $ allosaur 1 year, 2 months ago
    At the end of my state corrections career I semi-retired bounced around to work for four different contract security companies such as Wackenhut between 2003 and 2013 (state retirement payments starting 2007) and one of those companies actually hired me twice. Me dino was always chasing a better paycheck, you see.
    On every job application there was always this yes or no question: "Do you have reliable transportation?"
    Me dino could always mark "Yes." Why? I never owned an EV in my entire life and never will.
    Why? I am not a glutton for punishment. Not even now that I am fully retired.
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  • Posted by $ Radio_Randy 1 year, 2 months ago
    Let's not forget the small startups that have failed in their attempts to catch a ride on THAT gravy train.

    Wonder where Californians will buy their new cars when Newsom's edict goes into effect...maybe CA can pass a law that you can only purchase USED cars, much like their recent law on buying pets.
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  • Posted by gmcase 1 year, 2 months ago
    EVs are a stupid/silly solution to a mythical problem.
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  • Posted by $ rainman0720 1 year, 2 months ago
    I think it's the economic reality setting in. I knew there would be a market for EVs and that they would sell (reasonably) well for a while. But the real question was always, what then? What happens when those who wanted an EV got one, and everyone else who didn't want one (like yours truly) replaced two gas-powered cars with two new gas-powered cars? We're seeing the answer to that question now. And while I feel badly about those EV owners who got stranded during the recent cold snap, I can't really feel too badly; the old adage "be careful what you wish for...you might get it" seems to be in full bloom. Reality has set in, and it's ugly.
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  • Posted by $ 25n56il4 1 year, 2 months ago in reply to this comment.
    Whoops excuse me! They must be the ones who pay $350,000 for a house that isn't even brick and has minimum wood framing that I would bet would not stand up to a 185 mph hurricane on the Gulf Coast of Texas.
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  • Posted by $ 25n56il4 1 year, 2 months ago in reply to this comment.
    Who are all these people who will be paying $104,000 for one of these sicko inventions?
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  • Posted by $ 25n56il4 1 year, 2 months ago
    Wait until the new EV owners learn the batteries can catch fire and explode when they go through flooded streets.
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  • Posted by mhubb 1 year, 2 months ago in reply to this comment.
    remember when the il-legal alien POTUS 0bama violated contract/ignored contract law when dealing with auto companies?

    nothing was done about that as 0bama's crap did not stink....
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    Posted by $ AJAshinoff 1 year, 2 months ago
    This is what happens when you ignore the word "emperical" in science, marketing, and business.
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  • Posted by freedomforall 1 year, 2 months ago
    The woman is a corrupt Deep state thieving looter.
    Shut down GM and give any proceeds to the People it was stolen from.
    GM stockholders should sue the CEO for every penny paid to the incompetent moron.
    CO2 is good, not bad.
    All the "climate" experts are lying Deep State scum.
    Every cent stolen by government and given to buyers of EVs should be taken out of the hides of the traitors in government- one piece of flesh at the time- then execute them for treason.
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