Perhaps Government Motors has finally realized that most people really do not want an EV at this time for various reasons?
GM Backtracks on Joe Biden’s Green Energy Agenda After Investing Billions
After investing billions to adhere to President Joe Biden’s green energy agenda, General Motors (GM) is backtracking on all fronts when it comes to Electric Vehicles (EVs).
As GM was the last of the Big Three to strike a tentative agreement with the United Auto Workers (UAW), the automaker’s green energy dreams — championed by the Biden administration — have come crumbling down.
GM CEO Mary Barra, a close ally of Biden’s, has said the automaker will not begin to attempt to produce 400,000 EVs from 2022 through mid-2024 as initially planned. GM is also delaying retooling its plant in Orion Township, Michigan, to build EV pickup trucks.
Days ago, GM had to begin offering owners of its Chevy Bolt about $1,400 to install a diagnostic program to determine if the vehicle’s EV battery is defective. The move came after GM had to recall all of its Chevy Bolts due to the EV battery issues and a class action settlement over the battery problems is anticipated in the near future.
In addition, GM executives are having to delay launching a number of their EV models such as the Chevrolet Equinox EV, the Chevrolet Silverado EV RST, and the GMC Sierra EV Denali.
I’ve said before that an EV would work for me 90% of the time. I mostly travel around town, occasionally heading down to the beach, Smithfied (go to the wonderful factory outlets), maybe Mebane for the same. Sometimes the Outer Banks or up to NJ. Perhaps the NC mountains. It’s on those times it creates a problem. Plus, since I don’t have a garage I worry about some little punk unplugging if I’m charging from home. Also, the price. None have a similar price point for my Civic Hatchback EXL.
“The American public is not ready for the broad adoption of electric vehicles. There are maybe 10 percent to 12 percent of people who really want an electric vehicle … the remainder still want internal combustion,” former GM executive Bob Lutz said this week.
Few ask about them except as conversation. I talk with sales reps from numerous different dealerships, and their customers are not interested. Hybrids? Yes, acceptance is way up. EVs? Nope. That 10-12% is a bit high. The highline dealers, who’s manufacturers went all in, are seeing their sales of new tanking. Those who wanted EVs got them, and the rest aren’t interested, and will go elsewhere to get a non-EV. And those still looking will mostly get Teslas, because many of the others are, per customers, total trash. The market is making clear what it wants to happen.