Quote:
Originally Posted by FenwickHockey65
Everyone is saying they're only going to make EVs. Meanwhile GM has launched more ICE vehicles than EVs in the past few months.
It's all just talk for now. Will we see greater availability and offerings of EVs in the coming years, definitely. Will we see a 100% EV lineup? Not for a very long time.
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Pretty much spot on. All the talk in the industry for the past couple of years has been EVs, EVs, and then a little bit more about EVs. What gets lost in perspective is that the timing for GM (and most other automakers) is that the timing to be totally (or even mostly) EV is 2035. That’s 12 years from now. That’s 2-1/2 to 3 vehicle development cycles. Which means that in that interim, ICE vehicles will continue to be upgraded and will continue to be introduced. Each company has a different cadence and strategy for what products are being shifted to EV when. In the meantime, those that don’t get shifted in the interim will get upgraded.
EVs will continue to launch at a fairly rapid pace, particularly by 2025, so we’ll see both ICE and EV in the market place for a long time. But we’re looking at at least 2030 before EVs are at volume parity to ICE.
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