2021-08-06 Will GM Go Bankrupt Transitioning To EVs?

Comment on Tesla Economist

Q: “Will GM go bankrupt transitioning to EVs?”

I would like to think that since GM has already been in the EV biz more than a decade, they above all others would have the most experience with such esoterica as all the intricacies of making the battery as cost efficient as possible since it’s the most expensive part.

Admittedly they’re nowhere as nimble as Tesla when it comes to assembly technology, but they’ve had a decade to get their act together and on the road. All this said, if they can’t make it through the EV transition, it’s difficult to see how any other legacy car makers could do any better.

Also we should consider alternatives to bankruptcy, namely merging with some other car maker similar to what Chrysler did.

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