The article mostly details the move by many legacy automakers to delay electrifying more of their fleet and touches on the aspect of gas stations and recharges. However, what it doesn't mention is that it appears that internal combustion engine vehicles cost about 40% more in service costs which obviously affects dealers.
Here's an article I remember from MotorTrend a few years ago https://www.motortrend.com/news/government-ev-ice-maintenanc...
I'm from the Detroit area, it's all hubris on their part.
They only latched on to EVs because of the money everyone was making on them -at the time-.
Now, Model 3s are cheap and the US is putting protectionist measures in play.
To your point, automakers have the challenge also of balancing union agreements. Plants tend to be amortized over decades, contracts for many years, and retooling for will lead to closures of at least some plants.
I call it hubris, because both GM and Ford got rid of their PHEVs and Ford has been playing shenanigans with hybrid models on a global level.
Innovators dilemma right? The major US automakers customers want legacy systems (laggards) and don't associate US automakers with these new systems (early majority).
I'm sure this will end well given the US policy of bailing out any large cap company that is no longer fit to compete in the market...
Aren't there laws that were passed declaring that an increasing percentage of vehicles have to be electric as we get further into the future? Is Detroit essentially saying they are giving up on making vehicles and will close up shop soon?
[+] [-] alphaomegacode|1 year ago|reply
[+] [-] whaleofatw2022|1 year ago|reply
They only latched on to EVs because of the money everyone was making on them -at the time-.
Now, Model 3s are cheap and the US is putting protectionist measures in play.
To your point, automakers have the challenge also of balancing union agreements. Plants tend to be amortized over decades, contracts for many years, and retooling for will lead to closures of at least some plants.
I call it hubris, because both GM and Ford got rid of their PHEVs and Ford has been playing shenanigans with hybrid models on a global level.
[+] [-] jppope|1 year ago|reply
I'm sure this will end well given the US policy of bailing out any large cap company that is no longer fit to compete in the market...
[+] [-] rapjr9|1 year ago|reply
[+] [-] daly|1 year ago|reply