I guess that's a good development. Makes one go hmmm when you think about past
claims about the GM EV1 (and also EVs in general) being impossible to make
profitably. Sunk costs and ongoing R&D costs can be manageable when you look at
them with the right scale.
On February 4, 2018 9:19:19 PM CST, brucedp5 via EV <firstname.lastname@example.org> wrote:
>GM reckons it will make profits on electric vehicles by 2021
>10 Jan 2018 Robert Barry
>[image / GM
>General Motors (GM) has announced it will be launching at least 20
>electric vehicles (EV) by 2023 and it is working with Chinese partner
>to develop new and more cost efficient EV production facilities in
>According to Reuters, GM chief executive officer Mary Barra has made a
>promise to investors that the company will make a profit on selling EV
>In November 2017 at a Wall Street function hosted by Barclays, Barra
>analysts that GM is developing an all-new platform for battery electric
>vehicles that is different to the one currently used in the Bolt EV
>will lower production costs and make the vehicles more profitable.
>“One of the things we'll be doing is structurally integrating the
>into the architecture. This will allow us to take out cost and gives us
>better flexibility from a design perspective,” says Barra.
>“We will have modular [battery] cell chemistry solutions that will
>to enter multiple segments off of this platform and really support all
>the customer demands,” she says.
>“We'll also have the ability, which we have today, to manufacture
>packs at scale, both in China and the United States. So the result is a
>modular battery platform that's going to give us tremendous flexibility
>meet customer demands and to lower cost,” says Barra.
>According to Reuters, Barra also says that GM expects its battery cell
>to fall from U.S $145 per kilowatt-hour (kWh) in the Chevy Bolt, to
>than U.S $100 per kWh with the new platform.
>While Barra didn't give specifics at the Barclays function, she also
>the assembled analysts that GM is improving the design of its battery
>making them lower in height which makes them easier to mount into the
>of a vehicle and also modular, so that small and large battery packs
>assembled from common components.
>According to Reuters, the Chevrolet Bolt was the first mass-produced
>electric vehicle to go more than 200 miles (320km) between charges, and
>under U.S $40,000.
>GM sold 23,297 Bolts in 2017 while Tesla produced 1,770 of its U.S
>Model 3, well short of the company’s original targets.
>Cadillac Set to Receive a “Disproportionate” Share of GM’s Upcoming
>January 31, 2018 Cadillac could soon be returning to its roots as the
>brand where new technology is introduced to the masses. A few months
>The News Wheel reported that Buick would likely lead the …
>Nissan brain-to-vehicle technology: What if cars could read your mind?
>Jan 27 2018 Now, Japanese car-maker Nissan has unveiled a new
>brain-to-vehicle (B2V) technology that will enable autonomous cars to
>from the human brain and ... which is still in the concept stage, will
>part of autonomous vehicles ... the autonomous system in the vehicle
>able to take actions—such as turning the steering wheel or slowing the
>For EVLN EV-newswire posts use:
>Please discuss EV drag racing at NEDRA
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