Sign in to follow this  
Followers 0
PP

GM - Electric Car with a lower price on Market by 2021?!

Recommended Posts

Detroit automaker, by the plan of management, planing to build a formula for profitable electric car. In this moment they didn't tell how GM intends to do what. By some unofficial info from GM by 2021, "price of electric cars could drop to $6,000. with improvements in battery chemistry and packaging". Competition with Tesla?

Share this post


Link to post
Share on other sites

That is the way the car industry is going.  They need to change or will eventually go out of business.

Share this post


Link to post
Share on other sites

question is whether it can generate the robust profit margins 

Share this post


Link to post
Share on other sites

They are planning to slash the amount of cobalt in GM's new EMC 1.0 battery system and to increase the amount of nickel to get low expenses with batteries which store and produce more energy. 

Share this post


Link to post
Share on other sites

Yes, if they succeed, they should cut the cost of battery cells by more than 30 percent. 

Share this post


Link to post
Share on other sites

yeah, this race is just as much about securing cheap batteries as it is about new EVs. But GM's stock fell today and wasn't expecting that. 

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
You are posting as a guest. If you have an account, please sign in.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  
Followers 0