GM Pauses production on two EV's

[elizarrj]

GM pauses production of two hyped-up EVs, sending 1,300 workers home https://www.msn.com/en-us/money/com...B&cvid=69cd825e16bb4659a463ba3e6d238dc5&ei=33

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[MountainAlive]

This sounds familiar.

 

[Oafy44]

Since Ford announced cancellation of the lightning I have actually seen several more on the road. There definitely is a price point. I just think the younger generations - say 45 and under wisely view cars as depreciating assets and just look for the cheapest vehicle to meet their needs and a nice EV f150 flash at $60k with 0% interest seems to be the sweet spot for many.

The past few years I would see the same 4-5 lightings - this year I can’t keep count and only recognize about 3- the rest I’ve never seen. If I was guessing I would say 25-30 new ones this year. Metro Atlanta area.

 

[FloridaMan655321]

a nice EV f150 flash at $60k with 0% interest seems to be the sweet spot for many.

Bingo! This was me, and I really wanted a Lightning when it was announced. I just couldn't justify a 100k truck (and over MSRP initially). If they would have come out with the Flash at 60k in 2022 I would have bought one then....

 

[Albern]

I read the article and it doesn't mention anything about the Cadillac products like the Escalade IQ and IQL. Are those made on a different line and share little to no sub-assemblies outside of the battery pack?

 

[Heliian]

Which 2 ev's??

 

[potato]

Which 2 ev's??

The article doesn't specifically say. I assume the Hummer and Silverado but the article also talks about the Sierra. And it's a two week extension of a pause already in effect, so not necessarily the end times just yet.

Given the way oil prices are headed I wouldn't make any major cuts just now, but then again I'm not an auto industry insider.

 

[nate002]

‘24 Flash for $50.5k in Nov. ‘24 before all the deletes. So glad I did it when I did, love this truck.

 

[chl]

Some EVs and hybrids are seeing an uptick in sales with the price of gasoleum on the rise probably having some part in it counter-acting the elimination of the federal tax credit to some extent.

If things get worse in the middle-east and the supply of earth-destroying-dinosaur-goop dwindles even more, it'll be even better for EVs, and solar installs too, since eventually the fuel costs will hit the electricity bill.

 

[Ishkatan]

I don't plan to buy another truck soon - unless I can get a Silverado EV with a midgate real cheap - like at a government auction. But that truck would have my attention.
Seems the management sets a path and ignores what is going on. With $4 gas I would expect buyers to be switching to EVs - or at least that it would be easy to advertise and push the EVs. I love my F150 Lightning Lariat and I don't have to worry about gasoline prices... just whether electricity prices are rising.

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