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VRPdommy · 02-26-2019, 11:30 AM

I had thought the news of GM shutting down many plants had much more to do with a major shift in GM's game plan. Either from a standpoint of taxes or concept.

So, I went looking... and it is first about concept.
The concept of electric vehicles. One that they are about to find themselves at a quick disadvantage. I have high confidence in GM's CEO. She came to the company from a very low level and may be the only CEO in 40 years in a major US auto co that ever worked the floor of the organization. I believe she has GM's core values and interest at heart. She is not just another bean counter CEO. More on GM later...

Lets just look at what is coming down the consumer pipeline...
Sure to at least get your interest, even if you can't afford it (like a Tesla Roadster)
This Monster from China

OK, not many are going for that just for practicality and price.
Also from China this... (60 Minutes that aired Feb 24)

This young fella summed it up pretty good for financials on NIO vs Tesla and keep in mind this from 5 months ago... It seems clear they intend to dominate electric car market worldwide with north America quickly in their cross-hairs.
Because that's where the money is.

NIO has several models that will simply be much more price competitive than 'ANY' gas model domestically built. This is the major issue.

So, I am predicting as I did when GM shut down those plants, that electrics were on their mind. but in what way ? We will have to wait on that.

The location for building these new electric models will probably be decided on supply chain logistics. And that can be complicated, but I am going to guess that after they figure it out, they will be looking for tax breaks.

There is little time so I would expect to hear something on this within the next year.

GM could change the way we think about cars in general in their version of 'some models'.
Being those that are designed for ride sharing and not personal ownership. that play is coming and the early bird gets the worm. So, I'm guessing they will play all angles.

FYI... electrics are going to be 'sexy' and sold no matter how you think about them now.
I see the same with motorcycles. There must be 6 new powerhouses in electric bikes.
Do a goggle search on them.

02-26-2019, 11:30 AM
VRPdommy Too lazy to set a custom title Industry Role: Join Date: Oct 2014 Posts: 10,982	Wanna know what's up with GM plant closures..... I had thought the news of GM shutting down many plants had much more to do with a major shift in GM's game plan. Either from a standpoint of taxes or concept. So, I went looking... and it is first about concept. The concept of electric vehicles. One that they are about to find themselves at a quick disadvantage. I have high confidence in GM's CEO. She came to the company from a very low level and may be the only CEO in 40 years in a major US auto co that ever worked the floor of the organization. I believe she has GM's core values and interest at heart. She is not just another bean counter CEO. More on GM later... Lets just look at what is coming down the consumer pipeline... Sure to at least get your interest, even if you can't afford it (like a Tesla Roadster) This Monster from China OK, not many are going for that just for practicality and price. Also from China this... (60 Minutes that aired Feb 24) This young fella summed it up pretty good for financials on NIO vs Tesla and keep in mind this from 5 months ago... It seems clear they intend to dominate electric car market worldwide with north America quickly in their cross-hairs. Because that's where the money is. NIO has several models that will simply be much more price competitive than 'ANY' gas model domestically built. This is the major issue. So, I am predicting as I did when GM shut down those plants, that electrics were on their mind. but in what way ? We will have to wait on that. The location for building these new electric models will probably be decided on supply chain logistics. And that can be complicated, but I am going to guess that after they figure it out, they will be looking for tax breaks. There is little time so I would expect to hear something on this within the next year. GM could change the way we think about cars in general in their version of 'some models'. Being those that are designed for ride sharing and not personal ownership. that play is coming and the early bird gets the worm. So, I'm guessing they will play all angles. FYI... electrics are going to be 'sexy' and sold no matter how you think about them now. I see the same with motorcycles. There must be 6 new powerhouses in electric bikes. Do a goggle search on them.