this post was submitted on 24 Aug 2024
87 points (98.9% liked)

[Dormant] Electric Vehicles

3192 readers
1 users here now

We have moved to:

[email protected]

A community for the sharing of links, news, and discussion related to Electric Vehicles.

Rules

  1. No bigotry - including racism, sexism, ableism, casteism, speciesism, homophobia, transphobia, or xenophobia.
  2. Be respectful, especially when disagreeing. Everyone should feel welcome here.
  3. No self-promotion.
  4. No irrelevant content. All posts must be relevant and related to plug-in electric vehicles — BEVs or PHEVs.
  5. No trolling.
  6. Policy, not politics. Submissions and comments about effective policymaking are allowed and encouraged in the community, however conversations and submissions about parties, politicians, and those devolving into general tribalism will be removed.

founded 1 year ago
MODERATORS
[email protected]
Ceres
87
GM & Ford Are Struggling With EVs Again, But Why? (cleantechnica.com)
submitted 3 months ago by [email protected] to c/evs
65 comments fedilink hide all child comments
 

Recently, there’s been some bad news out of Detroit. Ford’s backing off on some upcoming EV models, including a three-row SUV many had been looking forward to, and will instead be focusing more on hybrids. GM has been having different problems with software, recently laying off 1,000 developers after a string of Silicon Valley types failed to acclimate to more traditional corporate culture.

While these companies would like to have us all believe that making EVs and software for EVs is simply too hard, other companies like Tesla and Rivian have been doing a lot better. Tesla is now making more EVs than anybody, even beating out ICE models in some segments. Rivian is still climbing the profit ladder, but is selling software to Volkswagen, a pretty good sign that “legacy auto” is struggling in odd ways while newcomers are having no problem churning out EVs.

So, we need to ask ourselves why these established players are struggling while newcomers are doing just fine.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 1 points 3 months ago (1 children)

You're the one talking about industry history. Tesla is admittedly shit in some areas, as you pointed out, but you have to at least give them credit where they deserve it.

I can give the other automakers credit too: Ford is widely known as the company that invented the assembly line, and Toyota perfected it. They pioneered hybrid cars which is a crucial transition technology. GM has had a weird history with EVs, sometimes being at the forefront, and then infuriatingly taking a step back.

As for being paid, well I do have a bit of stock in some of these companies, but my main investments are elsewhere.

[–] drdabbles 1 points 2 months ago

I give Tesla credit for what they did. Bilk state and federal governments out of billions of dollars with various schemes to build a car company that makes chintzy cars and sells them to over extended buyers for top dollar. That is the Tesla success story. They weren't first, or best, but they were able to expand their production based on debt and fraud unlike other players in the space.