Originally Posted by
SBQ
GM is so off the mark in terms of EV production that it's very unlikely they will ever come back to their former glory days. Over in the US, Tesla has literally taken over the EV market which is a market share that basically every other car maker has lost. That 'Loss' translate a loss in GM's market cap value and gone over to TSLA's near $380 BILLION market cap. GM has a value around $50B.
The Chinese auto makers too are embracing EV. Not so sure about the EU as the stumbling block is ... technology. The EV has to be technically advanced enough to take away ICE buyers.
Bookmarks