Will the growing EV market be GM's Renaissance?

Discussion
41

GM has a lot of in-house EV expertise, dating back years. The question is whether they can market those skills into successful models.

42

I bought one of their EVs, so I think they’re doing pretty well!

43

I was at the show today, and honestly, I was disappointed with GM. Audi, BMW, and Ford seemed to do a better job. Honda and Acura are more compelling to me than GM’s lineup, but I do think the used Bolt market offers some great value right now.

44

I have a 2024 Lyriq with 5,000 miles on it, and aside from some minor issues, I love it and would recommend it to anyone.

45

unknown said:
@unknown
Wait, so you have to pay for phone integration? That’s ridiculous.

You’re really just paying for the data plan. Personally, I just Bluetooth my phone and don’t use the built-in apps, so it doesn’t bother me. But I can see why some people care about this.

46

@unknown
I was really hoping the ZDX would be more like the Lyriq, but it seems closer to the Blazer. I’m curious to see how the Vistiq turns out. I’m hesitant to trust a system without CarPlay, but maybe GM will change their minds on that in the future.

47

@unknown
Ultium is really just average technology. GM had a chance to lead the industry, but they ended up with something mediocre.

48

unknown said:
GM is selling EVs at a loss, which isn’t sustainable. Mary Barra thinks the solution is to sell more gas-powered cars.

Good point. I think the strategy is to get enough scale with battery production to bring the costs down. For now, GM seems focused on building EVs that American consumers will actually want (like SUVs). Hopefully, this will help them win back younger buyers like me who grew up skeptical of GM.

49

unknown said:
GM is selling EVs at a loss, which isn’t sustainable. Mary Barra thinks the solution is to sell more gas-powered cars.

Every EV sold in the US right now probably results in a loss, even Tesla. They make up for it with government credits and other environmental programs.

50

@martin
Tesla sells their cars at a profit, no question about it.

51

Peggy said:
@martin
Tesla sells their cars at a profit, no question about it.

In the US, Tesla relies on emissions credits to make a profit. Without them, they’d be breaking even.

52

martin said:

Peggy said:
@martin
Tesla sells their cars at a profit, no question about it.

In the US, Tesla relies on emissions credits to make a profit. Without them, they’d be breaking even.

What exactly are those credits for? If it’s for the cars, doesn’t that mean they’re getting double credit?