The smart move from the beginning for everyone except Elon was to become a drivetrain OEM.
Edit: removed the reference to a specific car brand because people got hung up on it.
The smart move from the beginning for everyone except Elon was to become a drivetrain OEM.
Edit: removed the reference to a specific car brand because people got hung up on it.
Unfortunately it's a lease. Due to the upcoming glut of used cars, I'll probably switch to a used hybrid when the lease runs out. I'll miss the Bolt and the full EV drivetrain though.
Chevy replaced my 2019 Bolt's battery a couple months ago without charge. New models don't have the problem. The overall incidence of fires was extremely limited and never worried me though.
https://www.autoweek.com/news/a38252667/battery-experts-expl...
GM sold 7k "plug in" cars in Q2 2022. That's compared with ~250k pure EV by Tesla. It's 1.2% of GM's total sales.
Their overall sales are declining for the past 5 years.
That doesn't look like a company that has figure out how to make EV at scale.
The supposedly "smart move" isn't reflected in GM's EV sales or their profit margins.
Of the top 10 ICE car makers, only VW is a serious EV player. And they are still loosing to Tesla and BYD and in China they're loosing to china-only EV brands like NIO or XPeng or SAIC.
Other than that there is almost an inverse correlation with how big the ICE business is vs. how big the EV business is.
Toyota and Honda are doing the worst, with almost no EV sales.
Stellantis and GM are also doing extremely poorly.
Ford, with 50k / year, is also nothing to write home about.
Of legacy, it's the smaller players like Hyundai / Kia / Audi / Porsche / Renault / Jaguar that did move into EVs earlier than other ICE companies.
Judging by what they've done so far (as opposed to what their PR teams say about the future), the legacy auto has not yet figure out how to make and sell EVs at volume.
In 5 years, I doubt Tesla will be in the top 10.