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So GE is doomed because their strategy is to buy battery cells instead of manufacturing them themselves? There are a lot more parts in a vehicle than the cells.
by liketochill 5y ago
So GE is doomed because their strategy is to buy battery cells instead of manufacturing them themselves? There are a lot more parts in a vehicle than the cells.
- onethought 5y agoThere aren’t any cells to buy. And no, there is no way to make an EV without a battery. GM don’t have a strategy, it’s clear they are just hoping for a miracle. Hence: Penny stock. The market agrees with me (look at the growth rate of EV sales globally). The stock market disagrees with me… but it’s clearly irrational… again look at the growth rate of EVs.