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Originally Posted by MaxThrottleton
These developments are indicative of the evolving automotive landscape and GM's commitment to innovation.
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Not sure I'm with you here. Currently the Free market is exceeded by Government and Banking interference.
GM Say EV Demand Is Shrinking, but Data Shows a Complex Market
Oct 20, 2023
Idled plants and pushed-back production timelines signal a lull in EV sales, but analysts say demand is just one piece of the puzzle.
If EV sales are seemingly on the rise, it begs the question of what is truly behind GM's decision to take a step back from Silverado EV production. Karl Brauer, iSeeCars' executive analyst, sees the move as potentially prudent in the long run, in spite of positive sales trends for individual vehicles and specific statewide trends.
"There seems to be a threshold of around 7%-10% share before EV sales drastically slow down. That's the situation in California, Oregon, and Washington, where those states have the largest EV share but also the slowest growth in EV share," Brauer explained.
https://www.autoweek.com/news/a45586...rends-gm-ford/