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 <[email protected]> wrote: > > >http://www.autocar.co.nz/autocar-news-app/gm-reckons-it-will-make-profits-on-electric-vehicles-by-2021 >GM reckons it will make profits on electric vehicles by 2021 >10 Jan 2018 Robert Barry > >[image / GM >http://www.autocar.co.nz/_Commercial/_News/2018-Dump-January/2017-MAVEN-LA-018.jpg >] > >General Motors (GM) has announced it will be launching at least 20 >all-new >electric vehicles (EV) by 2023 and it is working with Chinese partner >SAIC >to develop new and more cost efficient EV production facilities in >China to >produce them. > >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 >by >2021. > >In November 2017 at a Wall Street function hosted by Barclays, Barra >told >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 >which >will lower production costs and make the vehicles more profitable. > >“One of the things we'll be doing is structurally integrating the >batteries >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 >allow us >to enter multiple segments off of this platform and really support all >of >the customer demands,” she says. > >“We'll also have the ability, which we have today, to manufacture >battery >packs at scale, both in China and the United States. So the result is a >very >modular battery platform that's going to give us tremendous flexibility >to >meet customer demands and to lower cost,” says Barra. > >According to Reuters, Barra also says that GM expects its battery cell >cost >to fall from U.S $145 per kilowatt-hour (kWh) in the Chevy Bolt, to >less >than U.S $100 per kWh with the new platform. > >While Barra didn't give specifics at the Barclays function, she also >told >the assembled analysts that GM is improving the design of its battery >packs, >making them lower in height which makes them easier to mount into the >floor >of a vehicle and also modular, so that small and large battery packs >can be >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 >sell >under U.S $40,000. > >GM sold 23,297 Bolts in 2017 while Tesla produced 1,770 of its U.S >$35,000 >Model 3, well short of the company’s original targets. >[© autocar.co.nz] > > >+ >http://thenewswheel.com/cadillac-set-to-receive-a-disproportionate-share-of-gms-upcoming-electric-vehicles/ >Cadillac Set to Receive a “Disproportionate” Share of GM’s Upcoming >Electric >Vehicles >January 31, 2018 Cadillac could soon be returning to its roots as the >GM >brand where new technology is introduced to the masses. A few months >ago, >The News Wheel reported that Buick would likely lead the … >http://thenewswheel.com/wp-content/uploads/2016/12/Cadillac-CT6-Plug-In-for-China-760x605.jpeg > > >http://www.livemint.com/Leisure/tYA6haBUYX2exvtUJxq2eI/Nissan-braintovehicle-technology-What-if-cars-could-read.html >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 >learn >from the human brain and ... which is still in the concept stage, will >be a >part of autonomous vehicles ... the autonomous system in the vehicle >will >able to take actions—such as turning the steering wheel or slowing the >car >... >http://www.livemint.com/rf/Image-621x414/LiveMint/Period2/2018/01/27/Photos/Processed/[email protected] > > > > > >For EVLN EV-newswire posts use: > http://evdl.org/archive/ > > >{brucedp.neocities.org} > >-- >Sent from: >http://electric-vehicle-discussion-list.413529.n4.nabble.com/ >_______________________________________________ >UNSUBSCRIBE: http://www.evdl.org/help/index.html#usub >http://lists.evdl.org/listinfo.cgi/ev-evdl.org >Please discuss EV drag racing at NEDRA >(http://groups.yahoo.com/group/NEDRA) -------------- next part -------------- An HTML attachment was scrubbed... URL: <http://lists.evdl.org/private.cgi/ev-evdl.org/attachments/20180204/c1d436bb/attachment.html> _______________________________________________ UNSUBSCRIBE: http://www.evdl.org/help/index.html#usub http://lists.evdl.org/listinfo.cgi/ev-evdl.org Please discuss EV drag racing at NEDRA (http://groups.yahoo.com/group/NEDRA)
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