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Other than, well we are seeing the results of two to as many of five years of the pipeline coming out finally. It isn't like they can plan for cheap gas. GM wou
by Shivetya 11y ago
Other than, well we are seeing the results of two to as many of five years of the pipeline coming out finally. It isn't like they can plan for cheap gas. GM would know this best with the second generation Volt landing when gas prices were already on their way down.
The real opportunity here isn't for the automakers, it is for the Congress to change the law with regards to fuel taxes so as to set a floor price on fuel to encourage the shift to more economical vehicles; not necessarily full ev. A tax system could be set to provide a floor and a ceiling - meaning if the product price got to high the tax would decrease a bit to compensate
Still, what did you expect from the big companies in the face of the fleet mileage requirements? You cannot do that without at least hybridization. Finally, with GM, did anyone really expect them to cede the everyday car buyer market when it came to electrics. GM even has the production capacity to make the cars when people want them