article thumbnail

The EV Transition Explained: Reshaping Labor Markets

Cars That Think

President Biden says his EV policies will result in “one million new jobs in the American automobile industry. Whether it will be enough to keep auto jobs in the state is unlikely and the long-term impact on Michigan’s economy and middle-class jobs could be severe. One million.”. Neither does the U.S.

Market 95
article thumbnail

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

Tony Karrer Delicious EVdriven

based technology will actually achieve any economy in production. It was a Manufacturing Failure, as GM NEVER planned to build the car in Volume, so No Economies of Scale were ever achieved. If no one wants your car (because people think it sucks), then no one will buy it, regardless of how good the fuel economy may or may not be.

Volt 41