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The bolt and the volt are well engineered products at a very reasonable price point. I think GM is innovative with these platforms
by bischofs 10y ago
The bolt and the volt are well engineered products at a very reasonable price point. I think GM is innovative with these platforms
- csours 10y agoTo bflesch's point, GM is making a different gamble: that the vast majority of consumers will continue to prefer fossil fuel engines for the next few engineering cycles (10-15 years). GM has a side bet on electric cars in the form of a joint venture to build electric cars with LG, and another side bet in the form of a joint venture to build hydrogen fuel cells with Honda. Tesla is making a VERY big bet that a vertically integrated, highly automated, battery electric carmaker will be able to take an increasing amount of market share. To be clear, I'm extremely impressed with what Tesla has accomplished so far - if Musk accomplishes what he plans, manufacturing will never be the same. Like I said above, it will be educational to see what happens.