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In the article, Electrek wrote: > If the EV tax credit reform ends up passing, it would make the vehicle cheaper than its gasoline-powered version before gas s
by wcoenen 5y ago
In the article, Electrek wrote:
> If the EV tax credit reform ends up passing, it would make the vehicle cheaper than its gasoline-powered version before gas savings. That’s just game over.
That's a suggestion that people will no longer be interested in buying comparable gasoline-powered cars when this Equinox EV were to become available. However, as I showed with my comment above, most of GM's assets must still be focused on building non-EVs, as that's currently 99% of their sales. So if GM is really going to be selling what they announce here, they are in for one hell of an Osborne effect and a huge write-off of their assets. (Not that they have much choice, I guess the competition will eat their lunch otherwise.)