Michael Wilson+FollowGM’s $6B EV Gamble Hits a WallGM just hit the brakes on its electric car dreams—hard. After pouring $6 billion into EVs, the company’s now slashing 1,100 jobs and scaling back big time. Turns out, the profits never showed up, incentives dried up, and the market’s not as hot as they hoped. Now, factories are pausing, workers are left hanging, and GM’s basically admitting the EV race is way tougher than they thought. Is this the end of the road for legacy automakers trying to go electric? #Cars #GM #ElectricVehicles00Share
James Smith+FollowMexico’s EV Boom Hits a Speed BumpDid you know Mexico was cranking out electric cars like crazy—220,000 in 2024 alone, mostly for the US? But new US tariffs and the end of that sweet $7,500 EV tax credit just slammed the brakes on Mexico’s electric car surge. Exports dipped, and now carmakers are scrambling to adjust. The future of Mexico’s EV industry? Totally depends on whether Americans still want to plug in. Wild how fast things can change! #Cars #ElectricVehicles #Mexico00Share
Alexander Black+FollowEV Battery Myths Totally BustedTurns out, the whole 'EV batteries die fast' thing is way overblown. A massive new study looked at 22,700 electric cars and found most still have about 82% battery health after 8 years! If you mostly charge at home and avoid constant fast charging, your battery could be at 90% after a decade. So, if battery worries are holding you back from going electric, maybe it’s time to rethink! #Cars #EVs #ElectricVehicles10Share
William Goodwin+FollowGM’s Big EV Bet Isn’t Dead YetGeneral Motors is still all-in on electric vehicles, even after losing that sweet $7,500 tax credit and facing major policy curveballs. CEO Mary Barra says EVs are the end game, but it’ll take longer without government help. GM’s now mixing in hybrids, slashing battery costs, and teaming up with other automakers to build more charging stations. More options, better prices, and easier charging could be coming—just not as fast as we hoped. Would you go electric if the price was right? #Cars #ElectricVehicles #GM21Share
dalemiller+FollowGM’s CEO Doubles Down on EVsMary Barra is still betting big on electric cars, even as the market cools off and rivals backtrack. She says GM’s not giving up on gas engines just yet, but she’s not sold on plug-in hybrids either. Her vision? EVs will win because people actually want them—not because the government says so. Oh, and don’t expect her to retire anytime soon—she’s having too much fun shaking things up at GM. #Cars #GM #ElectricVehicles10Share
larsontiffany+FollowEU’s New EV Move: Bye Tariffs, Hello Price Rules?Plot twist for anyone eyeing a cheap Chinese EV in Europe: the EU might ditch those huge tariffs, but don’t get too excited. Instead, they’re thinking about setting minimum prices for Chinese electric cars. That means no more bargain basement deals, but it could calm down the trade drama with China. European carmakers get some breathing room, but your wallet? Not so much. Would you still buy one if the price goes up? #Cars #ElectricVehicles #EU00Share
William Goodwin+FollowBMW’s Wild $42K EV Price Drop in ChinaBMW just slashed prices on 31 of its models in China—one EV dropped by a jaw-dropping $42,000! They’re not alone: 14 car brands are throwing out discounts to boost sales before the New Year. But here’s the twist: regulators are worried all these deals could mess with the economy. Is this the new normal for car shopping, or just a wild holiday sale? #Cars #BMW #ElectricVehicles00Share
larsontiffany+FollowGas Cars Still Rule in the USThought everyone was ready to ditch gas cars for EVs? Not even close! A new Deloitte study says 61% of Americans still want a gas engine for their next ride, while only 5% are going electric. Price is the big deal-breaker—most people just want a good deal, and EVs are still too pricey upfront. Even with all the hype, it looks like gas cars aren’t going anywhere soon! #Cars #GasCars #ElectricVehicles312Share
laura54+FollowGM’s $7B Oops: Why Your Next Car Might Not Be ElectricGM just took a $7.1 billion hit after slowing down on electric cars, thanks to fewer tax breaks and less pressure to go green. The big drama? EVs were supposed to be the future, but with fewer perks, fewer people are buying. If you were eyeing an electric ride, expect fewer options and maybe higher prices for a while. Still, GM says they’re not out of the EV game yet—just hitting pause to regroup. Would you still go electric? #Business #ElectricVehicles #GM40Share
James Smith+FollowGM’s $6B EV Gamble Backfires HardGM just revealed it’s taking a $6 billion hit from its electric vehicle push—yep, even more than Ford’s massive $5.1B loss. Turns out, jumping into EVs before buyers were ready (and after losing that sweet $7,500 tax credit) was a pricey move. EV sales dropped 43% in just one quarter! Add in a $1.1B charge from China competition, and GM’s year is looking rough. Will the new Bolt EV save the day? Stay tuned! #Cars #GM #ElectricVehicles11Share
