GMs EV plan is nuts!!
Posted: Sat Jan 30, 2021 12:47 pm
This seems insane to me.
https://www.nytimes.com/2021/01/29/busi ... -cars.html
No internal combustion engines means all plug-ins, no hybrids. Converting GMs market share to plug-ins means huge increase in generation capacity and grid expansions. Can't happen in 15 years. Either GM autos depend on fossil fuel generation and a huge grid expansion, GM changes course, or they lose a big part of their market.
Also, selling plug-ins into China doesn't help with CO2 emissions. China is building lots of coal-fired generating plants.
How does this make sense????
https://www.nytimes.com/2021/01/29/busi ... -cars.html
No internal combustion engines means all plug-ins, no hybrids. Converting GMs market share to plug-ins means huge increase in generation capacity and grid expansions. Can't happen in 15 years. Either GM autos depend on fossil fuel generation and a huge grid expansion, GM changes course, or they lose a big part of their market.
Also, selling plug-ins into China doesn't help with CO2 emissions. China is building lots of coal-fired generating plants.
How does this make sense????