Remove Affordable Remove Auto Industry Remove Personal Remove Silverado
article thumbnail

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. Morningstar analyst David Whiston said that is its chance to jump ahead of Tesla in the only space Tesla doesn’t hold the reins – and that’s affordable EVs, reports Automotive News.

Sale 52
article thumbnail

Convincing Consumers To Buy EVs

Cars That Think

However, until mainstream public confidence reaches the point where the perceived combination of risks of a battery electric vehicle purchase (range, affordability, reliability and behavioral changes) match that of an ICE vehicle, then EV purchases are going to be the exception rather than the norm. How much range is enough?

Buy 85