Why GM’s All-Electric Future Is A Big Gamble 

I'll invest in a guarantee

That's because all the damn politicians owns stocks like Boeing, GM, FORD, etc. They will never let them fail, saving those companies are pretty much saving themselves from going broke.

@@jaiho9442 Time to invest

@@christophermoreno3668, I do and have been for years. It's guaranteed like you said.

This is a massive oversimplification and exaggeration

Taliban killing American military Osama bin Laden conducting 9/11 killing Americans while living in Pakistan Pakistan:We can fund you by the dollers we got from the USA for national development ! Terrorist organisation: what if the world comes knows about it? Pakistan: No they won't! Because are world is busy buying General motors car ,which then is a profit for their company,so they pays tax to USA government, and the USA government gives us donation but we use it for funding you guys

@@celestialmedia2280 Must be hell living in constant fear of everything?

@@ec6052 must be an Indian judging by his stupid hatred of Pakistan. Ignore them and the Pakistanis going off on each other

@@hydrolifetech7911 Sad my fellow countrymen cannot move over from a failed state like pakistan and prepare for the future. Heck some Indians are even pushing religious agendas on this channel.

Right coming vehicles are electric cars with hydrogen batteries instead of chemical batteries. HYDROGEN AS BATTERIES : HYDROGEN BATTERIES. People often think about hydrogen as fuel, but many forget that hydrogen is not only a fuel, but also very good battery, too. Electric cars with hydrogen batteries instead of traditional chemical batteries to avoid all nocomfortable circumstances. TIME IS MONEY TOO. The fundamental science dictates essential truth of chemical batteries : if a chemical energy storage mechanism is charged as quick as producing hydrogen, then this mechanism PRACTICALLY CANNOT HAVE ENERGY CONVERTION RATIO BETTER THAN ELECTROLYSIS PROCESS. Besides, it is possible to adjust electrolysis reaction speed (for example slow down speed) to get energy convertion ratio of electrolysis better than any chemical batteries. The best one of all possible chemical batteries in earth conditions is HYDROGEN BATTERY. All revolutions of chemical batteries, lithium batteries, LFP batteries, LTO batteries, graphene batteries .. are for reaching to the features of hydrogen batteries. The most simple hydrogen battery (simple hydrogen battery = 1 fuel cell + 1gas hydrogen ballon 300bar) easyly beats best lithium batteries by all features : more capacity, more power, less weight, forever lifespand, no degradation, charging in 5 minutes, same or better energy convertion ratio, but just noremarkable bigger volume sized than lithium batteries. Future hydrogen batteries can use more progressive hydrogen storage technology, like hydride material, can get even leap better. But right now simple hydrogen batteries are already better than almost chemical batteries. So just equip cars with hydrogen batteries. And equip hydrogen filling stations with mobile electrolysers to produce compressed hydrogen 300+ bar on site from electrical outlets. Electrolysing hydrogen filling stations (hydrogen battery charging stations) can run electrolysers from electrical outlets to produce liquid hydrogen on site, to avoid suddenly leap change requirements for big number of already existing current liquid hydrogen cars in the markets. But liquid hydrogen has low energy conversion ratio, which is one of current hurdle of hydrogen cars. For now and near future, compressed hydrogen (produced on site) is more versatile variant : for example, nets of electrolysing hydrogen filling stations mean that : you use electricity from electrical outlets to run electrolysers to produce compressed hydrogen 300+bar on site at electrolysing hydrogen filling stations. So you pay only for electricity (and water of course to run electrolysers), NO OTHER FEES, NO COMPLEX CRYOGEN EQUIPMENTS. (Additionally, car owners can buy home mini electrolysers to themselfe recharge their hydrogen batteries at home). Cars come to 'recharge hydrogen batteries' in 5 minitues (load hydrogen). SAME COSTS OR EVENT CHEAPER THAN COST FOR RECHARGING LITHIUM BATTERIES. No waiting rooms. No wasting time in waiting rooms. Available recharging hydrogen batteries all hours of days. For stations owners, available to pick any imtermitten electrical supply schedule from grids in tandom with intermitten clean energy.

Frfr. Now NIO and BYD are ahead of the game with swapping batteries stations and battery safety technology. Waiting for America to catch up with affordable EV!

Taliban killing American military Saddam Hussein conducting 9/11 killing Americans while living in Pakistan Pakistan:We can fund you by the dollers we got from the USA for national development ! Terrorist organisation: what if the world comes knows about it? Pakistan: No they won't! Because are world is busy buying General motors car ,which then is a profit for their company,so they pays tax to USA government, and the USA government gives us donation but we use it for funding you guys

No, it wasn't A K, it was peace a of crap. It was years behind the Chinese, and don't get me started on the Tesla compared to GM. Look, if you are in the EV business your in the battery business the fact that GM has zero battery factories tell you all you need to know they zero interests in EV's.

@@HungMelow NIO is a chinese wannabe knock off of Tesla. There battery swapping tech isn't smart or time saving. It's prone to break downs, issues, and not to mention they now need more battery packs than they make cars. (one of the limiting factors for tesla to produce their cars is their batteries) so I'm not sure how a reswapable battery system is in any way smart.

@@CreativeBuilds I disagree. Super charging stations require a huge infrastructure and populated areas can’t afford a lot of space to build out super charging stations as common as gas stations. You can’t stack super charging stations, but you can stack batteries in battery swap stations. Not a lot of apartments will have more than a handful of charging stations. Long term, super charging batteries deteriorate battery life more quickly. You don’t always need to swap batteries as there’s an option to charge at home, work or any charging station. With Tesla, you have no battery swapping option. It’s still newer technology, but NIO only has to worry about one battery design across all their cars.

I agree with you 100%. The horse and buggy’s types are dragging their asses for no reason. Range is not even and issue, and EV are powerful cars and clean. People don’t have an idea until they drive one.

Well, that's great. Now picture instead of 10 electric cars, the same interstate stop has a 1000 of them. Where is all that electricity going to come from? Where is all the space that will be needed? Instead of a 5 minute trip at the gas pump we have 1000 EV's and thousands of people standing around for 30-45 minutes in snow storms, cold, heat etc.

@@calcrappie8507 well the solution is we have to improve our power infrastructure, no lazy way around it. EVs are here and it’s only going to grow.

@@calcrappie8507 Take the # of gas cars we have today but go back 100 years. Still want to be the holder of a 5+ year loan on a gas car in 1921? (hint: there weren't as many gas stations back then as now)

@@tripac3392 ICE cars days are numbered, that is a fact.

*of

What about it have you enjoyed? Aside form some newer models having phenomenal straight line acceleration my overall experience has been a pretty dismal one.

@@willstikken5619 LOL FAIL! Just a bunch of ignorant assumptions. A properly designed one also has better packaging space utilitisation. Stronger Stiffer Chassis, Lower Centre of Gravity, Bulkier more Advance Suspension Geometry and that straight line performance. Most are RWD or Rear Biased dual motor, as that is the cost effective configuration Not Front wheel drive. It actually results in a car that is inherently fun drive in twisting winding roads. FYI BEVs now are only a few hundred KG more than their ICE equivalent, their vastly superior mass shape compensates for that.

Yeah that's just the company line cnbs is pushing for the big petrol industry and OEM brands. You see same in many comments as well

@@Neojhun these are adaptations to compensate for needs exclusive to electric cars. stiffer chassis is bad but necessary to protect battery packs. low center of gravity because thats where you put additional weight. bulky suspension, again due to weight. front wheel drive is is the mandate your gonna get us all if you have to much fun on winding roads. rear wheel drive is inherently dangerous in the hands of those experienced only in driving front drive because its not self correcting. please dont lolfail all over the place.

+++...

GM and Ford will be on the list

@@chipsun2504 I don't think Ford is gonna go down the same way these companies did. They've already started making moves and have been successful with some electric vehicles.

@@Joel-ee4yh I agree ford just dropped there ev truck and its selling.. the maverick is a nice truck.. a little unibody that has three options a fully electric.. a hybrid and of course the 4 cylinder turbo . I actually about got myself one they are starting g at 20 grand I went with the Silverado tho I need power ev doesn't have it yet .. what we need is a electric driven gas vehicle... my generator puts out 3000 watts steady. A tesla motor runs of 25 watt hours full speed you could charge run and still have more power than you would need .. it runs off of less than three gallons of gas and that gas will last for 16hours ...imagine driving for 16 hours on three gallons of fuel .. it's crazy we haven't crossed this instead we skipped it and went fully electric.

You are comparing apples to oranges.

@Gray Gander I hope to God GM doesn't do a Tesla knockoff. Tesla makes some of the most boring looking cars out there.

Their gamble was to crush their first set of electric cars. That really paid off

Maybe you should be the CEO of Ford or GM. Keyboard is king.

@@nightfallgrayrs1601 People don't buy Tesla's for the looks. It's not the styling that GM needs to emulate, it's the technology. You can make a car in any shape or style you like, but if it doesn't work as well as the competition, it's not going to sell. A car is not a static exhibit, its primary purpose is for people to go places in the most efficient and eco-friendly way possible, or at least the eco-friendly part is what is mandated by law, even if customers don't care that much about that.

@@lanzer22 lol

Once they start selling cars in the $20,000 range the demand will increase.

The price of batteries keep dropping. Fuel is much cheaper. So is maintenance. The price of EVs will be the same as gas by 2025-2027. When that happens, you won't be able to sell ICE vehicles at a profit.

@@fjalics Agreed. Once price parity happens, game over.

The average sale price in 2020 for a new vehicle was about $41K. Unless people are buying a ton of Bentley and Veyrons the average should be a good indicator (as opposed to the median). You can't even buy a Toyota Corolla stripped down for $20k as that is the price of many higher end motorcycles. The demand is not low as Tesla clears every car - it sells directly to a buyer and has no dealer inventory. The issue is production and it is constrained by batteries. Clearly the narrator of this video never took a chemistry class or understood thermodynamics and understood the concept of "rate limiting step".

@@Tokamak3.1415 So a Model 3 Standard range plus, has a roughly average price, and below average fuel and maintenance costs. Gotta love one pedal driving, and instant torque.

The whole EU has a ban on ICE from 2035 onwards that's a large market, but GM doesn't sell in Europe anymore.

Yeah I guess everyone can make a prediction even if its brain dead. Once EVs are cheaper to make than ICE, the transition will happen fast. Only possible exception will be pickups that tow long distance (assuming solid state or other battery breakthroughs don't happen).

You got to remember most Americans drive more and farther than people do in European countries.

People are severely underestimating the transition to EVs and predictable declining costs.

You do know that the world market is close to 80 million vehicles (mostly ICE) and growing right? The supply of batteries (never mind the supply of chips) is at most enough for 4 million BEVs (5%) right now. Tesla is building all these giga factories (which are behind on schedule of course), but they still need batteries. They plan on making their own batteries, but they're not going to leapfrog CATL, LG and Panasonic (those 3 alone have about 70% of the world supply) anytime soon in battery production. Maybe they can reach BYD or SKI levels of production in a few years (or about 500k units combined between the two). SKI is expanding production in the US (mostly for Ford and VW and maybe Hyundai/Kia) but the factories have to be built and then running, assuming that they can get the lithium, nickel, cobalt and rare earths as well. 12% growth in battery production is actually pretty realistic, especially when over 75% of the current battery supply is not meant for the US. CATL, BYD, the European battery companies, and a good portion of LG's production are not for the US, assuming that LG don't go out of business if they suffer another $1+ billion recall with 2 already in less than 1 year. If they go under, that's 1 million BEVs out of the market and any future expansion of their capacity. Countries can ban new ICE sales all they want, but if the industry isn't ready, the law won't be enforced. People still need to drive and will have to buy what is available, tree-huggers be damned. Even if 100% of new car sales were BEVs, 95% of cars on the road are used and 99+% of them are ICE. Exemptions will be made...

All solid points. This CNBC video is so terrible.

@@ac1143 So, are you merely a sniper or can you point out which of my observations are in error?

I made the same comment above. CNBC and other media keep parroting that statement. Supposedly the demand for flying unicorns is also low because Walmart doesn't sell any.

the politicians will pay for the leagacy manufacturers charging stations on the public dime and also they will make sure tesla doesn't get any of that because tesla is non union.

The difference between GM and TESLA, is GM makes money selling vehicles TESLA makes money selling carbon credits. This is why the video didn't address profit of the companies bit just said TESLA is the most valued. How well do you think Cybertruck will sell after it gets beat to market by the Lightning? I believe this will be indicative of what will happen to Tesla as competition increases (Tesla hasn't been a success without competition how will it be with it).

@@TugIronChief 😆😆 The discernment and confidence of a first grader.

If there is a demand and an opportunity to fill it then this wont be a problem. Companies are artificially generating the demand so it just remains to be seen whether people will be allowed to fill it.

Perhaps, but the government has given them no choice now but to embrace the change. One thing not touched on here is the fact that a car company's fleet average needs to be 52 MPG by 2026. There's no way to do this without relying on some form of electrification in either EV or PHEV technology. As a Volt owner, I can say that it had it's faults, but it was practical. I was able to do my commute each day in the 40 miles worth of charge I needed daily. Now I live in the country and when I need to commute to the city, my Bolt has more than enough charge to make the trip and back 3 times on one charge, if needed. GM knows that they need to lead. No one else is standing still on this anymore.

EV1 was a cramped two seater

@@timothykeith1367 ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-LLtU_iIyqrw.html

@Dingko ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-LLtU_iIyqrw.html

@Dingko Electric cars were relatively popular in 1910. None of the early electric car manufacturers quit selling them because they were trying to "hide" them. Motorola invented the cell phone, but commoditization often doesn't favor the creators of technology. The EV1 was a two seater that would have had a limited market and its cost was high. The EV1 was kind of cool but the battery technology was not good in 1996. With so many nerds liking the EV1 maybe somebody should offer them as a kit car!

@@timothykeith1367 Tesla started the same way Expensive two seat sports coupe. Then moved on to a four door family sedan as the battery improved along with charging infrastructure.

I would say so, but Toyota who is doing exactly that seems to be onto something by pushing for hydrogen instead of electric. We’ll see by 2035 but it’s really interesting to see which company will be right about the future of zero emissions technology

@@marco.morel04 Hydrogen is not going to win. Not for small passenger vehicles. For trains, busses, tractors, etc. it might be viable. Toyota will be out of business by 2035 if they don't change their trajectory.

Just one word, Efuel.

True, investing is ICE vehicles is a step backwards for buyers and manufacturers.

Long enough for me to eat, hit the crapper and walk around with my coffee. Not always in that order.

@@robertbuzan8392 Honestly though this all you really need at a gas station.

@David Erickson It would be at a charging range.

@David Erickson You charge at dedicated DC Fast Chargers.

@David Erickson IMHO opinion the first thing that needs to happen is that all the manufacturers need to get on one standard for DC Fast Charging. Their is 3 different standards CHAdeMO, CCS Combo and Tesla. This can make it challenging for road trips. I also agree that Solar/Wind will not cut it alone for maintaining grid stability. However Solar/Wind are not the only way to generate power with no C02 emissions.

I know. They'll be like "GM is making all EVs, something no other car company has done"

Because there isn't much to say about Tesla, that's why they don't talk about it. The news wants to report on things that are new and exciting. Tesla is the leader of EVs (obviously) and everyone knows that they might stay the leader but there isn't much news or anything to say regarding that- at least not now. 10 years from now if Tesla is still the only EV company and all others fail then that will be the big news story. The only news about Tesla right now is the truck they are planning, which I believe is the same technology that's used in the cars. There isn't much of a story in that.

Tesla is losing their edge. The pick-up truck market is huge, yet instead of a full-court-press on getting the Cybertruck out, they’re distracting themselves with developing robots (among many other things). Ford, GM, and Rivian all appear likely to beat Tesla to market in one of the most popular and highest-margin passenger vehicle categories. SpaceX, The Boring Company, their new robotics division, and more are all key distraction for important people at Tesla. Tesla should be focused on the proven and profitable categories of automation, vehicle sales, solar roofs, Powerwalls, and car insurance IMO. And get the Cybertruck out, forget the Roadster, the Semi, the ATV, and the $25k car for the time being. Put almost everyone on the Cybertruck and make it happen. It has the potential to be more profitable than any vehicle they’ve made, but the more competitors that beat Tesla to market the more that opportunity diminishes IMO.

@@ScrapKing73 The delay of the Cybertruck isn't due to Space X, Boring Co, or robotics. It's due to their development of the 4680 battery. Who knows what else, but I'm sure they are anxious to get the Cybertruck out. I also don't think the competitors beating them to market will have that big of an impact on Tesla. They aren't making as many as Tesla will, and the demand for them isn't as high as the demand for the CT, imo. Time will tell.

@@illlDCllli And none of the engineers working on any of those other things have anything to offer on 4680 development? What about the unnecessarily divided focus for Musk and other executives? I own a company, and I have separate teams working on separate things, and whenever my focus is divided that is an impediment on other teams that are waiting for my input, my approval, etc. As for not making as many as Tesla will, time will tell. The Hummer and the Rivian might be more boutique, but the Chevy Silverado and the Ford F-150 Lightning are absolutely intended to be mass market vehicles. As for demand, the F-150 is the top selling passenger vehicle in North America, and the shift to electric is inevitable. I think the Cybertruck will sell well, but I do think being late to market will have some effect. You're right, time will tell how much of an effect.

Exactly.

Right coming vehicles are electric cars with hydrogen batteries instead of chemical batteries. HYDROGEN AS BATTERIES : HYDROGEN BATTERIES. People often think about hydrogen as fuel, but many forget that hydrogen is not only a fuel, but also very good battery, too. Electric cars with hydrogen batteries instead of traditional chemical batteries to avoid all nocomfortable circumstances. TIME IS MONEY TOO. The fundamental science dictates essential truth of chemical batteries : if a chemical energy storage mechanism is charged as quick as producing hydrogen, then this mechanism PRACTICALLY CANNOT HAVE ENERGY CONVERTION RATIO BETTER THAN ELECTROLYSIS PROCESS. Besides, it is possible to adjust electrolysis reaction speed (for example slow down speed) to get energy convertion ratio of electrolysis better than any chemical batteries. The best one of all possible chemical batteries in earth conditions is HYDROGEN BATTERY. All revolutions of chemical batteries, lithium batteries, LFP batteries, LTO batteries, graphene batteries .. are for reaching to the features of hydrogen batteries. The most simple hydrogen battery (simple hydrogen battery = 1 fuel cell + 1gas hydrogen ballon 300bar) easyly beats best lithium batteries by all features : more capacity, more power, less weight, forever lifespand, no degradation, charging in 5 minutes, same or better energy convertion ratio, but just noremarkable bigger volume sized than lithium batteries. Future hydrogen batteries can use more progressive hydrogen storage technology, like hydride material, can get even leap better. But right now simple hydrogen batteries are already better than almost chemical batteries. So just equip cars with hydrogen batteries. And equip hydrogen filling stations with mobile electrolysers to produce compressed hydrogen 300+ bar on site from electrical outlets. Electrolysing hydrogen filling stations (hydrogen battery charging stations) can run electrolysers from electrical outlets to produce liquid hydrogen on site, to avoid suddenly leap change requirements for big number of already existing current liquid hydrogen cars in the markets. But liquid hydrogen has low energy conversion ratio, which is one of current hurdle of hydrogen cars. For now and near future, compressed hydrogen (produced on site) is more versatile variant : for example, nets of electrolysing hydrogen filling stations mean that : you use electricity from electrical outlets to run electrolysers to produce compressed hydrogen 300+bar on site at electrolysing hydrogen filling stations. So you pay only for electricity (and water of course to run electrolysers), NO OTHER FEES, NO COMPLEX CRYOGEN EQUIPMENTS. (Additionally, car owners can buy home mini electrolysers to themselfe recharge their hydrogen batteries at home). Cars come to 'recharge hydrogen batteries' in 5 minitues (load hydrogen). SAME COSTS OR EVENT CHEAPER THAN COST FOR RECHARGING LITHIUM BATTERIES. No waiting rooms. No wasting time in waiting rooms. Available recharging hydrogen batteries all hours of days. For stations owners, available to pick any imtermitten electrical supply schedule from grids in tandom with intermitten clean energy.

Govt.will handle the loss.......UAW always sends money for new elections.......Paul

Tesla does too

@@luxurreview They don't. They designed it themselves in partnership with some Canadian University. And now will manufacture it themselves along with others.

Do you live in an apartment?

Electric cars aren’t fun tho and aren’t diy friendly

I will NEVER own or drive an electric car. ICE vehicles aren't going anywhere anytime soon.

They seem to have a lot of problems, though.

I concur. I’ve owned my Model 3 for 4 years and 80,000 miles. No maintenance, the early 3s are really quick and have incredible handling, we’ve taken 5 road trips across the US. I upped the equation by adding a solar roof. I now charge for nothing.

@@curtbrockhaus6131 ???

And for an automaker you need to roll this out in every country in which you want to sell cars

@@hankkingsley9183 Tesla has Supercharger stations in USA, Canada, Mexico, Europe, Scandinavia, China, Taiwan, Korea, and Japan.

can the grid handle 50% of the cars being electric?

@@ETM4Real By the time 50% of cars are EVs, the grid will have expanded. It always does.

Yeah lmao like wtf are they talking about

it will be because they didnt act quicker, should have stuck with the EV1

And they'll be bailed out by the govt and we'll foot the bill

Taliban killing American military Saddam Hussein conducting 9/11 killing Americans while living in Pakistan Pakistan:We can fund you by the dollers we got from the USA for national development ! Terrorist organisation: what if the world comes knows about it? Pakistan: No they won't! Because are world is busy buying General motors car ,which then is a profit for their company,so they pays tax to USA government, and the USA government gives us donation but we use it for funding you guys

I agree, GM is like car company that say we don't make are own engines. If your in the EV business you are in the battery business the fact that GM own's zero battery factories tell you all you need too know.

@@celestialmedia2280 wut?

How and why?

I lost count of the number of lies and misinformation in this video. I had hoped better but it kind of confirms certain narratives about being lied to by the MSM, ones which I don't want to believe but am forced to on a regular basis.

the dweebe market for ev's is pretty much saturated as it is.

Never once will you see an actual proportionality or incidence statistic on CNBC - it's always just random statements of fact without context. Journalism at its finest.

Noticed that too. The statement that other brand EVs catch fire also, while only showing an article involving Tesla, seemed as if it was added into the script after the fact. As if the editor realized it needed to be mentioned to help neutralize GM’s serious recalls. The whole narrative of the video seems to be to try to make GM and other legacy brands heroes of the EV revolution, while Tesla and other new EV startups are the bad boys and shouldn’t even be considered competition.

Tesla trolls can't stand it when CNBC tells truth. More teslas have burned than Bolts. Tesla refuses to recall, GM supports it's customers.

People will buy it. If you need a history lesson look no further than the F150 and other trucks brands. Almost 3 million are made each year an no one is crying about their mileage. My guess is, when all is back to normal, 3 million more will sell in a single year.

@Bill Bopp nothing much has changed then 😮😁

IDK, it gets better equivalent mpg than any ICE car! You can essentially drive a tank and get the mpg of a Prius!

@Bill Bopp memes or whatever. Let's bet. I wage that the hummer will on a yearly basis exceed all past sales numbers. Just because you don't like ugly go anywhere overly expensive vehicles doesn't mean it won't sell. The people at GM know what they are doing and if I was in their shoes I'd do the same but instead I'd make it attractive vs it current hideousness. There is always a market ,ALWAYS.

Gulf carts are way more inefficient by any standard

You don't even know how batteries are made and where they came from saying that 🤣 You have any idea what extreme demand that would put on our electricity grid? EVERY VEHICLE charging or needing to charge up? We would have to go back and to burning some coal to keep up with that surge of demand, which would make EVs MORE polluted than ICE vehicles

@@TugIronChief No, the truth.

@@BadgerM6 Yes, it would be a strain on the grid, but I think you are wrong about the amount of polution. We still burn coal every day. Without coal burning power plants we would have to depend on nuclear. I ask you, which is more dangerous?

@@TugIronChiefI can't predict the future, God didn't give me that gift. It mustt be nice that you can. I'll just wait and see. Time will tell.

And if we are talking Tesla, then every order is a sale while GM may have direct online sales, it still produces vehicles that the dealers must sell. There's a sweet spot for selling them that allows the maximum generation of profit for the dealer before the markdowns due to the new year. Again, a very inefficient model that prevents GM, Ford, Audi, VW etc., from making what is demanded and bough by the customer (online direct sales) to what they think the customer will buy.

There are about 50 different models on sale in Europe. I think Germany is close to 20% EVs sales already. Even if the US is a bit of a backwater at the moment, it's not going to stick with old technology forever. It did not take long for Africa to convert to mobile phones.

Yeah and thats RIGHT NOW. Wait to see what gas will be by 2035...

And thats Two or three $ to charge to 80%

When you have to completely replace that battery in about 10 years you will wish you were paying for gas that 10 years of ownership.

​@@manlythings7586 with battery prices continuing tp plunge and 600K life expectancy, time's on my side

@@manlythings7586 how is your 📺 ?...do you still have a flip phone? We're you scared of those small Japanese cars back in the day?

Taliban killing American military Saddam Hussein conducting 9/11 killing Americans while living in Pakistan Pakistan:We can fund you by the dollers we got from the USA for national development ! Terrorist organisation: what if the world comes knows about it? Pakistan: No they won't! Because the world is busy buying General motors car ,which then is a profit for their company,so they pays tax to USA government, and the USA government gives us donation but we use it for funding you guys

Down in flames, I am pretty sure.................Paul

One thing for sure, GM is good @ killing buckets of Bolts, when 50 feet of "Social Distancing"is not enough.

Hope you get it!

These companies get bailed out.

@@abhishekdev258 GM was not bailed out! Every penny of government money went to a UAW healthcare trust -under normal bankruptcy law, any future liability would be dismissed. Obama gave money to the biggest Dem. donor organization to buy votes. GM paid for it with stock. The bondholder were the one that got screwed.

What I don't understand is why charging stations can't be tacted onto gas stations and have restaurants there.

bigger than homes. Apartment complexes or bukeimg like mine where I park in a new spot on the city street every night.

@@KRYMauL ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-LLtU_iIyqrw.html

@@gnick66 ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-LLtU_iIyqrw.html

This is mostly a non issue for Tesla owners. And less so every year. Most complaints of not enough range, lack of charging options for road trips, slow charging, and most EV ownership inconveniences are from non Tesla EV owners. The goal is for the whole industry to seriously scale efforts and progress towards EVs, which will also push for infrastructure buildout and support. All things that Tesla has put all their efforts into for the past decade, which is why they are the true leader and everyone else is playing catch-up. But CNBC isn’t going to mention that, because their biggest sponsors are everyone else opposite of Tesla.

Well turned out to be a good investment for taxpayers. We made the money back with interest. But the moral hazard was still increased. But in terms of government spending efficiency the bailout was quite good compared to most government investments.

GM was not bailed out! Every penny of government money went to a UAW healthcare trust -under normal bankruptcy law, any future liability would be dismissed. Obama gave money to the biggest Dem. donor organization to buy votes. GM paid for it with stock. The bondholder were the one that got screwed.

@@blakejohnson3864 but that is where smart money is invested

Since ur a telsa driver do u feel better than people?

@@garrettbainbridge1954 absolutely. you are expecting this answer do u feel better now.

Hey yea I do feel better. Have a blessed day

@@garrettbainbridge1954 thanks bro

Same thing I was just about to write haha

but EU and UK citizens don't drive a lot, their countries are so tiny and that's why they use public transportation almost everywhere. US is built for driving except for new york city

Can't you blame them? You can't just jump on every wagon of innovation out there. These things are not only risky but cost ALOT of money to transist into. The R&D and machines to make these things aren't free. There is also no guarantee that customers will choose your product over everyothers

Taliban killing American military Saddam Hussein conducting 9/11 killing Americans while living in Pakistan Pakistan:We can fund you by the dollers we got from the USA for national development ! Terrorist organisation: what if the world comes knows about it? Pakistan: No they won't! Because the world is busy buying General motors car ,which then is a profit for their company,so they pays tax to USA government, and the USA government gives us donation but we use it for funding you guys

They are not a real player. If you are an EV maker you are in the battery business, the factory that Ford and GM has no battery factories of their own tell you all you need to know.

@@Dennis-ns1yx Electric vehicles are undoubtedly going to replace the internal combustion engine. Its not a fad. The slower a company reacts, the harder it will be for them to catch up. This is actually a very stereotypical disruption. Business is evolution, adapt or die.

@@Madame702 Ford actually is investing in battery development right now. GM will probably follow shortly after this debacle with LG. And there are lots of EV companies that don't produce their own batteries. Arcimodo, Rivian, Workhorse, Canoo... none of them are big enough yet to produce their own cells.

Taliban killing American military Saddam Hussein conducting 9/11 killing Americans while living in Pakistan Pakistan:We can fund you by the dollers we got from the USA for national development ! Terrorist organisation: what if the world comes knows about it? Pakistan: No they won't! Because are world is busy buying General motors car ,which then is a profit for their company,so they pays tax to USA government, and the USA government gives us donation but we use it for funding you guys

gm does not even make EV's , the BOLT is 80% made by LG Chem. gm just Assembles them with a Shell made in a Chevy SPARK factory. and the BOLT is using the SPARK EV Platform.

@@JT_771 It's not only probable, but it's reportedly true. The original founders have explained that what made them go all in into EVs and into founding Tesla Motors was the fact that GM discontinued the EV1, which they came to think would be the beginning of the end of ICE cars. Then they weren't able to take off with the tech required, so they asked a then still unknown rocket company founder to help them. The rest is history.

your dislikes mentioned are not those of teslas owners, faster charging and plenty of superchargers around,just saying.

Taliban killing American military Saddam Hussein conducting 9/11 killing Americans while living in Pakistan Pakistan:We can fund you by the dollers we got from the USA for national development ! Terrorist organisation: what if the world comes knows about it? Pakistan: No they won't! Because the world is busy buying General motors car ,which then is a profit for their company,so they pays tax to USA government, and the USA government gives us donation but we use it for funding you guys

You don’t think a multi National billion dollar auto maker like GM doesn’t have quality standards and quality control? 😂😂 idiot

100 years, They fail to have any kind of quality standard.......Never will....Put Your money/hopes elsewhere....Paul

Yes, they are the top selling manufacturer by volume in the US

The infrastructure will get built. How fast it will happen is dependent on how committed we become to EV. Granted, the boondocks is going to be the last place it will take on.

Why not incentivize the gas dealers to have ev chargers on their land and have them open restaurants, so that people can get up and have a bite to eat while they wait. There's no way you have to on the go all the time.

Get solar & batteries, use a little to charge your cars and sell the rest of the electrons. That is what I would do.

@@KRYMauL Many rural residents actually drive fewer miles than urban commuters. They plan trips to the Walmart, city drivers tend to run around much more. High speed internet is helping remote jobs become practical in rural areas.

@@timothykeith1367 You still could have the local gas station dealer open a restaurant to keep the costumers busy while they charge their cars. Also, cities should have no drivers because it makes the streets unsafe.

So we will pave over the desert and prairies to make more room for these electric recharging "super" stations along the interstates where 1000's of EV vehicles compete for hook-ups in all kinds of weather. Instead of a 5 to 10 minute stop at the gas pump, we get 30 to 45 minutes to charge up instead. Where is all this electricity going to come from? Everything is great now with few electrics on the road. Wait until all these future EV's run into capacity limits.

Right coming vehicles are electric cars with hydrogen batteries instead of chemical batteries. HYDROGEN AS BATTERIES : HYDROGEN BATTERIES. People often think about hydrogen as fuel, but many forget that hydrogen is not only a fuel, but also very good battery, too. Electric cars with hydrogen batteries instead of traditional chemical batteries to avoid all nocomfortable circumstances. TIME IS MONEY TOO. The fundamental science dictates essential truth of chemical batteries : if a chemical energy storage mechanism is charged as quick as producing hydrogen, then this mechanism PRACTICALLY CANNOT HAVE ENERGY CONVERTION RATIO BETTER THAN ELECTROLYSIS PROCESS. Besides, it is possible to adjust electrolysis reaction speed (for example slow down speed) to get energy convertion ratio of electrolysis better than any chemical batteries. The best one of all possible chemical batteries in earth conditions is HYDROGEN BATTERY. All revolutions of chemical batteries, lithium batteries, LFP batteries, LTO batteries, graphene batteries .. are for reaching to the features of hydrogen batteries. The most simple hydrogen battery (simple hydrogen battery = 1 fuel cell + 1gas hydrogen ballon 300bar) easyly beats best lithium batteries by all features : more capacity, more power, less weight, forever lifespand, no degradation, charging in 5 minutes, same or better energy convertion ratio, but just noremarkable bigger volume sized than lithium batteries. Future hydrogen batteries can use more progressive hydrogen storage technology, like hydride material, can get even leap better. But right now simple hydrogen batteries are already better than almost chemical batteries. So just equip cars with hydrogen batteries. And equip hydrogen filling stations with mobile electrolysers to produce compressed hydrogen 300+ bar on site from electrical outlets. Electrolysing hydrogen filling stations (hydrogen battery charging stations) can run electrolysers from electrical outlets to produce liquid hydrogen on site, to avoid suddenly leap change requirements for big number of already existing current liquid hydrogen cars in the markets. But liquid hydrogen has low energy conversion ratio, which is one of current hurdle of hydrogen cars. For now and near future, compressed hydrogen (produced on site) is more versatile variant : for example, nets of electrolysing hydrogen filling stations mean that : you use electricity from electrical outlets to run electrolysers to produce compressed hydrogen 300+bar on site at electrolysing hydrogen filling stations. So you pay only for electricity (and water of course to run electrolysers), NO OTHER FEES, NO COMPLEX CRYOGEN EQUIPMENTS. (Additionally, car owners can buy home mini electrolysers to themselfe recharge their hydrogen batteries at home). Cars come to 'recharge hydrogen batteries' in 5 minitues (load hydrogen). SAME COSTS OR EVENT CHEAPER THAN COST FOR RECHARGING LITHIUM BATTERIES. No waiting rooms. No wasting time in waiting rooms. Available recharging hydrogen batteries all hours of days. For stations owners, available to pick any imtermitten electrical supply schedule from grids in tandom with intermitten clean energy.

There is also the possibility of e fuels to take over.. since Motorsports & sports cars can’t stay relevant by going electric there has been a huge investment in efuels.

Well, it's just great that we have so much extra capacity on the power grid to have millions of electrics trying to charge up nationwide. Why it's inevitable, he says. Go green!

@@calcrappie8507 Oil and gas is incredibly electricity intensive when you add up exploration, extraction, refining, transportation, and distribution. A gasoline car uses up nearly as much electricity per kilometre driven as an electric car does, the gas car just does so indirectly. But the gas car ALSO uses up gasoline, on top of that.

Its the point, the gas guzzler companies will have no place, when government start placing rules for Carbon emission.

Tesla is trying to get their vehicles down to the Toyota Camry's price point. That will be the game changer, along with the tax credit.

@@robertbuzan8392 for sure, it'll be a no-brainer to go with electric then

This will happen soon. The primary cost is the battery, and that is dropping substantially every year. Not to mention the electric motor is really just beginning to see the effects of scale. EV motors are expected to become 30% more efficient and 40% cheaper within the next 5 years. That will have a massive impact on the cost and range of EVs.

Do you own a gas vehicle? what do you drive? year and model? and what mileage range do you currently get on that gas vehicle?

Taliban killing American military Saddam Hussein conducting 9/11 killing Americans while living in Pakistan Pakistan:We can fund you by the dollers we got from the USA for national development ! Terrorist organisation: what if the world comes knows about it? Pakistan: No they won't! Because are world is busy buying General motors car ,which then is a profit for their company,so they pays tax to USA government, and the USA government gives us donation but we use it for funding you guys

@@creolerican exactly! Most of the time people to not need a vehicle that drives more than 100miles at a time. Rarely do people go further than that in a day. Most can easily recharge it every day at home or at work. Also most EVs go way further anyway and the infrastructure will be increased of course. Imagine this.. there weren´t gas stations everywhere before cars became mainstream either. Sure its hard to compare the two nowadays where one has an advantage already but it isn´t one that actually matters as much as people think. I mean the car itself even knows of its limitations and makes sure to point it out to you when it has to get charged again and where that might be!

I agree about the range anxiety. I do have 2 friends in sales that drive in excess of 200 miles per day with the chevy bolt with out range anxiety but people tell them they need 1000 range to buy an ev.

generic motors.

Bahahahahahahahaha. Let’s compromise. Just buy yourself a hybrid and have the best of both worlds. But if you’re going to get a hybrid I would only trust Toyota hybrids because they’ve been doing them sooo long. You shouldn’t be an avid GM boy anyway. They’re the junkyard of the car market

The Volt a great car. I've owned one for 8 years. It's built like a tank. GM killed it because they lost money on it. Having two pay for two whole parallel drivetrains isn't cheap, and now that batteries are cheaper it's much more economical to get a big battery than a small one and a generator. Supposedly, the original Volt cost about $80K USD to manufacture back in 2011. They sold it for $40K.

The Volt must have been a money loser for GM

@@timothykeith1367 so? Its just an investment in the future. GM just dumb.

"Best Selling" you are delusional Toyota Prius is king in this area. Lol... fool....

Easier said than done, but it is going to happen this decade.

but how many people would buy $100,000 Traverse

@@ajaxa9 the hope would be the price would remain the same as now

@@todddammit4628 GM is gambling on it

@@chevyfan8428 Its not a gamble. Go look up the price of lithium ion batteries per kw, and its cost curve is not even close to finished. And then look at lithium phosphate and extrapolate out just how cheap those will be when production is ramped up. $100 is the magic number to reach parity with ICE. But $100 is not even close to the floor. We should expect something closer to $50. Which means eventually EVs will become cheaper than ICE.

Taliban killing American military Saddam Hussein conducting 9/11 killing Americans while living in Pakistan Pakistan:We can fund you by the dollers we got from the USA for national development ! Terrorist organisation: what if the world comes knows about it? Pakistan: No they won't! Because the world is busy buying General motors car ,which then is a profit for their company,so they pays tax to USA government, and the USA government gives us donation but we use it for funding you guys

EVs are the future...in about 30 years into the future.

@@raylopez99 ahh yes, it’s not like Norway has a 60% EV ownership, 75% if you include hybrids. Obviously this isn’t true. And it’s no like 20% of California’s new cars sales were evs, pfff no.

The thing is that EV powertain adoption isn't the real issue. People have anxiety over range and learning the new vehicle but so much of the resistance comes from the trends their making to non-powertrain parts of the vehicle. They're starting to work their ways into IC cars and that will speed up adoption of cars that currently seem bizarre to most. Personally, Tesla perfected the accelerator pedal but lost the plot on the entire rest of the vehicle.

@@willstikken5619 I don't think it's that, it's just most EVs are boring and too expensive

@@LOVE-VIBES-X-PROJECT-CARS i tend to agree with you there but I was speaking in terms of the average person adopting them. If you've never gotten to hit he accelerator on a tesla though you should. That is the one thing they do well, its everything else they fail at. They also tend to be a bit of a soulless experience but for those few seconds of acceleration they can be fun.

It's not a gamble It's an attempt to not go bankrupt. If they didn't push to go for EV's they would only have one future: Bankruptcy. Since they're attempting to go all EV's: they have a 0.01% chance of surviving this decade.

My 0.01% was a bit to high... 0.00000001% sounds more accurate.

Except one of their sports cars.

Yea I don't think you know how brands work.

Wrong!

I would strongly disagree. Unless you're talking about some of their ugly ass new vehicles.

Yeah. Wait until all the subsidies come off and power grids are maxed out. Millions of people competing for hook-ups. Everyone's home, apartment and business electric rates going up. People in cold climate regions out there in snow covered apartment and shopping mall parking lots dealing with stiff/ice covered cables and slow or non-operating charging stations. Same thing in rain except more chance of getting electrocuted. A 5 minute trip to the gas pump sounds wonderful by comparison.

Just imagine there was something everybody could do to get electricity at their own house. I'm sure of electricity prices go up they would do it. Like they are already it's solar

Sorry Erik, but GM is no longer a very good car company Mary Barra the CEO of GM is trying her best make sure GM doesn't go down in flames. But she not the CEO this time.

gm has the WRONG TECH, Pouch LION are UNRELIABLE and low Performance. 2170 format LION is Superior.

Better than the Vega I hope..............Paul

GM buys most of its electrical tech, generally from LQ Energy, which led to the disastrous Chevy Bolt fires. I hope that they can turn things around. Some of my favorite cars were built by GM back in the day.

@@markplott4820 Yes, but it cheap well that was the thinking at the time any way. Now it cost them even more money and a serious blow to their reputation.

Why go to a charger when they could do it on the road .. we need a vehicle driven by electric motors but powered by battery and generator.. a generator with three gallons of fuel can run for 16 hours and put out 5 times the power needed to charge or run ... you could charge and drive your vehicle all while burning the smallest amount of fuel possible all while giving the driver the mind set they can drive free with no boundaries...

@@ptravers9077 well the whole point of EVs is to stop burning fossil fuel, using generators would beat that purpose.

They are the future, but you can’t just make only all EV cars. Not at least you can charge your EV cars anywhere, otherwise it’s a gamble.

@@bhaskard8405 most as in over 70% of our energy comes from coal and gas. a generator would only kick on when the power needed to be charged just cutting out the middle man. imagine a 36hour drive that's enough time to drive the western coast top to bottom with only three gallons of fuel .. also it could be a propane generator reducing co2 greatly.. truth of the matter co2 emissions are the least of our problem its methane witch deteriorates our ozone and the world has no defense like it does with co2 .. and cars dont create methane we do humans and animals and yes frack drilling and crude drilling.. at the end of the day we will use oil and gas no matter what ... our tech industry says they are all ev friendly but then makes rockets and emits more carbon and co2 that 50,000 cars .. please they are making money and reliable is what the consumer wants that doent live in the city we travel hundreds of miles aday

@@ptravers9077 This is literally a plugin hybrid.