427Z0SX

GM will go all electric for all vehicles.

https://www.cnbc.com/2019/02/06/gm-d...xt-decade.html

Sub Driver

But it doesn't say how long in the future that will be just that the electric vehicles they do build will not be profitable for 10 years. ICE vehicles will still be around for a long time.

Chrisrokc

Depends on advancements in battery technology. It is said that the unreleased 2020 Tesla Roadster has a 200 kWh battery with a 620 mile range. 1.9 0-60, 8.8 1/4 mile. The battery is large to make the power, but it also allows for an extremely long range.

If this technology paired with faster superchargers is deployed to other models by 2022, then things will begin to change. As a Model 3 Performance owner, I understand that the future is 90% electric when it comes to personal vehicles. I am assuming there may be some use cases where an electric vehicle just won't do, but this vehicle is silent, very fast, cheap to fuel, and requires zero reoccurring maintenance.

MitchAlsup

The future is great for [people who want transportation
The future is bleak for people who want sexy transportation.

nyca

Never happen. Take a look at Tesla Model3 sales - they are out of US buyers for the top trim level cars. No waiting list. In fact there are 6800 of them in stock, there was a 2 year waiting list not so long ago. The early adopters have been exhausted, at least those who want to pay $60K for a $35K car. Electric cars aren't going to be as popular as people think - the only way to get people to buy them, is to force them to purchase them through government regulation and taxation.

Chrisrokc

Agreed. Things like this will kill the Corvette.

https://electrek.co/2019/02/04/volks...rm-automakers/

I just hope we get an electric assisted, all electric Corvette before it is said and done.

JoesC5

And you can replace the gas tank in the Corvette with a 185 gallon unit, and the range will be increased tenfold. Add laughing gas, and you have a quicker 0-60. And it's accomplished with decades old technology, not some "pie in the sky" crap.

JoesC5

It has also been reported that the auto companies will spend 255 billion dollars on bringing "new" EV's to market in the next 5-10 years. That doesn't count the massive amount of dollars required to bring new infrastructure on line(I understand that it's $100,000 for each Supercharger location) to feed all those EV's. We already have gas stations all over the US(over 100,000 of them).

We already have the infrastructure to supply gasoline to all the vehicles we will build in the next 10 years, as well as all the plants to build all those ICE vehicles. Why waste 255 billion + dollars to get to where we already are?

Demnos

Demnos

nyca

The EU and China are clearly going to do exactly that - force people into electrics. Subsidy, taxation, bans on ICE cars in Metro areas. Tesla knows the truth about their US market sales, how quickly the order book collapsed after the early adopters were satisfied. Now they have to sell cars in the real market - where people compare features, look at the price, convenience of ownership, etc - as opposed to having cult buyers.

JoesC5

GM sold ~18,000 Bolts in 2018 and lost ~$8,000 on each one of them. Who do you believe made up for that $144,000,000 loss?

What percentage of the US's electricity is supplied by nuclear, solar, wind and hydro? Do you believe that that percentage will be at 100% in the next 10 years to fuel all those wonderful EV's.

Point is that changing form gasoline to coal and natural gas to fuel our cars isn't really going to solve any problems, just waste a lot of money duplicating what we already have.

Want cleaner air this year, then take the wasted 255 billion+++++ dollars and make current cars cheaper, so more people will buy them to replace their older cars that are not as efficient.

Chrisrokc

Sure, I paid a premium for the performance. It isn’t any different than buying the base BMW 3 Series vs the M3.

As for the doubt on EVs. Let me dredge this thread up in 6-9 years.

nyca

The Tesla order book for the model3 (in the US) has collapsed - they just lowered the price another $1100 today. China and EU deliveries will keep them going for some time, and those are forced/subsidized markets. And the ModelY coming for the US will help, although rumor is the base price is $49K which is steep for a CUV that competes with the Mazda CX5/Hyundai Tucson class. But for the model3 in the US, the peak has passed and the fall off is steep. If Tesla can't sell mass market EVs, GM and VW can't for sure. The early adopter phase always looks good - waiting lists, etc. Means very little.

Red67John

ChucksZ06

roadbike56

EVs are already having an effect on oil prices. Gasoline is currently at late sixties prices after factoring for inflation. Anyone want to buy an oil well?

Michael A

Since EVs are only about 1% of total car sales worldwide, I find it hard to believe that the resultant small change in demand would cause much of a drop in oil prices. The price elasticity curve would have to go to the moon.

Michael A

Very poorly written article. Tesla is profitable, because they sell EV credits to other manufacturers.

EVs make for expensive commuter cars. Long charging times make them impractical for anything else. The laws of physics limit how fast EVs can charge. I don't see a future with the public horsing around with charging cables big enough to carry 1500 amps. I also don't see batteries lasting with that high of a charge rate, or even staying cool for that matter.

GM is working with Honda on making hydrogen fuel cells. With fill-up times and driving ranges already similar to gasoline cars, in my opinion, there is a lot more potential with fuel cell EVs taking the place of gasoline driven cars.

JoesC5

Musk has said they will be delivering 3,000 Models 3's weekly in the following months to Norway and Germany. The first shipment has already landed.

Has he announced that the US plant where they will be built is increasing production by 3,000 a week to make that happen? NO. They are just diverting 3,000 Model 3's a week to Europe because there is little demand for them in the US. he can only hope to make a profit by selling $35,000 Model 3's for $50,000. I believe that the very little demand for the Model 3 is from those that were expecting a true $35,000 Model 3 les the $7,500 "gift" from the American taxpayer. Musk can't afford to sell the Model 3 with a MSRP of $27,500 which many people that signed up for the Model 3, were expecting.



Cutting prices and laying off people is not a sign that demand exceeds supply as the EV(especially Tesla) lovers want you to believe.

No demand for the Bolt, or the Leaf either in the US. Then there are the remaining eight BEV brands sold in the US. last year. Those eight brands sold a total of less than 8,000 cars, during the whole ******* 12 months of 2018.

Yet the EV lovers keep yelling at the top of their voices that EVERYONE wants an EV because they are the greatest invention of mankind, but those EV lovers say the reason EVERYONE does not buy an BEV is because there is a huge shortage of BEV's for sale in the US. Ain't so folks.

https://insideevs.com/chevrolet-bolt...ied-twice-why/