We hear this since Tesla promissed EVs for the masses. I don't see pure EVs taking over anytime soon. Not until they reach parity of charging station with petrol station. And this will happen maybe, after the grid is improved. The issue is that electrical energy prices have started to rise and they will rise further when atomic and coal plants are decomisioned (fewer production) which will also slow the adoption of EVs.
> Given how far behind it is on electrification and their legacy cost structure, which includes massive pension liabilities and an outmoded dealership network, I have grave doubts about GM's ability to survive their next bankruptcy.
Well, some industries are strategical and I do not see the military industrial complex relying on vehicles from overseas.