
General Motors investing $854 million to build V8 engines amid EV shift
General Motors is investing $854 million in four plants to support V8 engine production for the coming years even as it prepares to transform into an all-electric automaker.
Vision and REALITY are not one in the same.GM leadership is too stupid to realize anything beforehand...zero vision.
Businesses like to make a money from investments. Investing in something today and going in the hole for the next 15-20 years for a questionable profit is not good business sense. If they do not go into the rabbit hole is because they will receive charity the government or buyers that cannot / will not do the math. Some think evs are the future, what they do not foresee are the extreme costs in the all to near future.GM leadership is too stupid to realize anything beforehand...zero vision.
In the airliner business, it looks like Airbus is going the hydrogen route. I'd guess that some of that tech regarding sourcing, transporting, storing, etc. will float down to motor vehicles too, along with the ICE engine producers work. Electric is useful for easy jobs. I love my electric lawn mower. Short hops. Commuter air, etc.yeah, they''ll all be scrapped when Cummins et al get hydrogen fuel sorted. EV makes tons of sense for short haul fleets tho, including ambulances.
It's going to be a ton of fun, when taxes, fees and electricity prices adjust to all this EV stuff.
Here's a good EV scenario. Hey buddy let's go racing Sunday, "Sure, oh wait let me charge my race car, it should be done by next week some time"🤣The other day on the news there was a guy that bought a new Hummer EV with the biggest battery he could get in it. I guess when you plug it in it will tell you how long it will take to get a full charge. It was either Saturday or Sunday and it said on Friday of the next week it would be totally charged. He was charging it at his house so I don't think he had a supercharger that charges it faster. I'm at a age that I don't plan to be around by time all this crap hits the fan and I sure don't think I'll miss it or all the BS going on in this country now.
so you can't afford an ev??i guess you walk,one way to thin the gas cars out.i had a thought last year.so the globalists want to go all ev cars etc and they want to get rid of gas and diesel vehicles.most of you here do not rememeber the GM electric car fiasco of the 70's.they made like 3000 ev's and leased them out in california only,you could not buy one.when lease was up you turned it back in and bought a gasser.i believe it was an experimental program. so whats to say they don't bring that back,lease you an ev for 3 yrs etc once lease is up you lease a new one.turn the old one in they take it and scrap it.by doing this they have a good idea of how many they need to produce every year,they get the old ones off the road AND they keep you in a perpetual car payment for a car you do not own.AND you can not alter the vehicle in anyway.they could virtually eliminate the after market for speed parts,get rid of all tire shops as the tires would outlive the lease.independent shops,and basically all auto parts stores.Wyoming just introduced a bill to ban evs by 2035. Fair warning to new buyers, charging stations, get rid of the one you have, etc.
Who is going to cover the costs of revamping recycling stations and junk yards?
They are dropping in value fast now, what will they be worth in 5-10 years and what will be the owners cost to take it to a recycler?
They will end up sitting in yards.
I am not against them, just do not want them forced on us at a cost too much for most to bear.
Some will have to take out an 84-120 month note. 10 years to pay for a car they make you buy.
Rick
Do you mean the EV1 from the 90's?so you can't afford an ev??i guess you walk,one way to thin the gas cars out.i had a thought last year.so the globalists want to go all ev cars etc and they want to get rid of gas and diesel vehicles.most of you here do not rememeber the GM electric car fiasco of the 70's.they made like 3000 ev's and leased them out in california only,you could not buy one.when lease was up you turned it back in and bought a gasser.i believe it was an experimental program. so whats to say they don't bring that back,lease you an ev for 3 yrs etc once lease is up you lease a new one.turn the old one in they take it and scrap it.by doing this they have a good idea of how many they need to produce every year,they get the old ones off the road AND they keep you in a perpetual car payment for a car you do not own.AND you can not alter the vehicle in anyway.they could virtually eliminate the after market for speed parts,get rid of all tire shops as the tires would outlive the lease.independent shops,and basically all auto parts stores.
yup thats the one,for some reason i was thinking it was back in the late 70'sDo you mean the EV1 from the 90's?