Gm in cnbc story today gm now stating not clear when extended range car will be made or if it will ever go into production. Musk is correct they will only change when dragged to it
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Not sure if this is "backing off". They never put a firm date nor said they had a solid plan to bring this car into the market for certain. They just said they were working on the tech and had that as a goal.
but now they say on CNBC that there's a chance it might not even make production? hahahaha. wow.Doug Parks, GM's vice president of global product programs, disclosed the effort on Monday at GM's battery laboratory and test facility in Warren, Mich
It's actually the first link in the yahoo finance widget at the bottom of all investor threads.Link?
But with mounting concerns about the slow consumer response to the first wave of battery electric vehicles, Doug Parks, GM's global product development chief, cautioned The Associated Press that it was not yet sure if or when such a vehicle—projected to cost just $30,000—would ever go into production.
I think this is great! First GM, a large and respected brand, validate that Tesla is on the right track. Then, having accidentally convinced some people who either never heard of Tesla or thought they were a joke, to actually think about a usable electric vehicle, they back off! Again leaving the market for Tesla. Yay!
WTF!?! That just makes me mad. And the arrogance of this guy.
Or....they got nothin'.
One thing I think people should remember is that there is a faction of GM that is heavily invested in hydrogen fuel cell EVs. In July, GM announced a major partnership with Honda to bring a jointly devolved FCEV powertrain to market by 2020.
GM may be backing off from its original statements because of protest from their own hydrogen backers. They are feeling the pressure from Toyota as well, which is pushing FCEV technology.
There's probably a lot of infighting between company divisions and dealership groups about whether to ditch ICE, and if so, what should replace it.
Nailed it. They aren't going to give Tesla "that much credit" and quite frankly, the fact that Tesla actually WANTS them to compete is completely messing them up. They really don't know what to say. The bottom line IMO is that they are indeed looking very hard at what Tesla is doing and they will try to copy it in their own way, and it will be a poorly executed imitation that is not nearly as good. Sound familiar?I think this is great! First GM, a large and respected brand, validate that Tesla is on the right track. Then, having accidentally convinced some people who either never heard of Tesla or thought they were a joke, to actually think about a usable electric vehicle, they back off! Again leaving the market for Tesla. Yay!