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Originally Posted by Number 3
This “pathetic” CEO just keeps piling on $10 Billion annual profits……year after year after year.
Please do some research on the grid. Even just a couple of Google searches. IF 100% of vehicle sales are EV by 2030 (and this won’t be the case). The grid will do just fine. And for all cars to be EV, assuming 100% of sales are EVs by 2030, it will be 2050 by then. Do you really assume EVs can’t work because in the next 25 years no on will improve the electrical grid? Seriously?
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The electrical grid is being made less reliable by replacing reliable power (nuclear, gas, coal) with unreliable power (solar, wind). That is happening now. Texas found that out in 2021 when their grid collapsed. Just a few days ago, Texas was asking people to not charge their EV's and not use electricity because they did not have enough power as the contribution from "renewables" was nearly zero.
And very few if any new power plants are being built.
EV's have too many issues that will never be solved to be a viable car for most people
The current CEO of GM is a diversity hire, nothing more.
What is needing in the auto industry is a company with a CEO who is willing to tell the government to piss off and then makes care people actually want to buy. But no one has the courage to do that.