threelonmusketeers@sh.itjust.worksM to

[Dormant] Electric Vehicles (Moved to [email protected])@lemmy.worldEnglish · 1 year ago

GM had $6 billion to spend on next-gen EVs, chose stock buybacks | opinion

cross-posted to:
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GM had $6 billion to spend on next-gen EVs, chose stock buybacks | opinion

threelonmusketeers@sh.itjust.worksM to

[Dormant] Electric Vehicles (Moved to [email protected])@lemmy.worldEnglish · 1 year ago

cross-posted to:
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Despite delays and mounting competition from Ford, Stellantis, and the Chinese, the GM board decided to NOT invest $6 billion in new product.

Someone ought to make a clown applying makeup on how GM is handling the transition to EVs…

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1 year ago
EVs are still too expensive for the features they provide.

[Dormant] Electric Vehicles (Moved to [email protected])@lemmy.world

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