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GM’s epically bad year still earned it $10 billion – but that’s not due to EV sales

Baua Electric

GM forecasts its total US auto industry sales to hit 16 million in 2024, but it has dropped its goal of making 400,000 EVs through mid-2024. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing on solar, check out EnergySage , a free service that makes it easy for you to go solar.

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Ford, Volkswagen, and GM Explore EV-Powered Houses

Cars That Think

No less an auto industry titan as Ford has also made bidirectional charging a selling point of their F-150 Lightning electric truck, reportedly slated to roll off the lines this year. GM produces the Chevy Volt and GMC Hummer EV and is preparing its 2023 launch of the Silverado EV.) No word yet on which EVs will take part. (GM

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BrightDrop: GM’s silent push into electric commercial vehicles

Charged EVs

More knowledgeable shoppers may even be able to name some upcoming EVs from GM: the Chevrolet Silverado EV pickup , the Cadillac Lyriq luxury SUV, or the EV versions of Chevy’s Equinox and Blazer compact crossover utilities. The BrightDrop Zevo 600. Photo courtesy of BrightDrop. The BrightDrop Zevo 600. Photo courtesy of BrightDrop.

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2025-2035: Rewriting The Automotive History

Get Electric Vehicle

A recent report from the Environmental Defense Fund indicates that electric vehicle sales volumes are growing at a rapid pace, signalling an epochal shift in the auto industry over the next decade. The Maverick, a compact hybrid truck, is likewise extremely reasonably priced ($19,995). But why now and not a decade back?

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Convincing Consumers To Buy EVs

Cars That Think

They also point out that this would reduce the price of the EV , since batteries account for about 30 percent of an EVs total cost. GM, though, is promising it will meet heavier towing requirements with its 2024 Chevrolet Silverado EV. EVs ain’t cheap Price is another EV purchase risk that is comparable to EV range.

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GM Says Chevrolet Volt Won't 'Pay the Rent' | Autopia from Wired.com

Tony Karrer Delicious EVdriven

But it is a price that must be paid, and GM should be commended for remaining committed to the Volt. Not really sure where all the money is going, but it seems like the Volt is already over-priced and under performing. Haul or tow -- buy a Silverado. Both Toyota and Honda offer efficient cars for a much lower price.

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