“GM is currently assessing potential future investment,” GM spokesperson George Svigos said in a statement, adding: “No final decision has been made. GM is committed to an all-EV future globally. On that pathway, we continue to study consumer preferences and powertrain options, to ensure we best respond to customer demand and comply with an uncertain, complex and increasingly stringent regulatory landscape for 2027 and beyond.”
And once again, shouting to the heavens: We are not ready for a full transition to EV. The hybrid phase was supposed to be an intermediate measure to help reduce emissions and fuel usages WHILE we build an EV infrastructure.
Its not that “we are not ready”, its that the US companies, apart from Tesla and maybe Hyundai/Kia, are completely uncompetitive at building EVs. Tesla, H/K and BYD are not going to take their feet off the gas just because these bozo companies are struggling to build EVs.
I mean, we aren’t ready lol. I don’t live in some podunk little hole in the earth and there are only enough charging units in my area for a gaggle of township board members.