I bought a Ford Maverick. I am averaging 44mpg on my daily commute, but the next vehicle I get will most likely be an EV......th-cam.com/video/15HsJrSNr8w/w-d-xo.html but who evers builds an electric truck in the same size they got my $$$$
@@brunoheggli2888 it's exactly what Thomas is saying. GM is making this optimistic assumptions based on past technology and not looking 5 years from now, this feel-good video doesn't state the obvious: that pouch batteries are already at the tail-light of EV technology as of today
Don’t forget to mention that their plan was to sell China made EV to Americans but Trump slapped on the tariffs and suddenly they’re a proud American manufacture.
it also isnt even number one anymore, and it has been outsold for several quarters now by tesla, but i expect nothing less from a trash news org like this.
The General Motors EV1 was an electric car produced and leased by General Motors from 1996 to 1999. It was the first mass-produced and purpose-designed electric vehicle of the modern era from a major automaker and the first GM car designed to be an electric vehicle from the outset, if G.M. would have stuck with its EV program they would be #1 in through out the world today.
That's one of the many reasons I don't care what GM does----I will never own a car with their nameplate on it. They're scatterbrained and scream unreliable. The EV1 was a ridiculously missed opportunity.
@@MrCountrycuz B) We were all children once upon a time... But we grew up and started punching back? Ain't gonna get clobbered by any "if (you don't stopdat rightnow!)" that constrains our (not your's) cherished freedoms? Merci for your "if" ...tizz a gem
I hear a lot of "gonna do", "gonna make". GM is just putting on a happy face for investors. They are light years behind Tesla and other startups and the only EV that they have sold in any numbers is the bolt which of course they had to recall because of fire risk because they just threw the product out to market; something they often do.
GM has sided with Oil Mafia and intentionally killed EVs we all know it. GM is the most progress killer corporation ever known. All GM cars are trash at best.
Going forward, I recommend you include a comparative analysis among all the manufacturers with their EV’s regarding maximum charge rate, maximum range, and efficiency (including whether or not the models have a heat pumps). It is in these three areas that people find the most value with her EV’s because these three areas point to the true long-term value of those vehicles.
Adults roll their eyes at the "I was like" millennial verbal tick. Now a strata of adults have a verbal tick of their own. It's "Going forward". Completely superflous and pointless, it can be used at the beginning or end of sentences; going forward...
Right now Mercedes has the range advantage pretty much locked down, even tesla new battery cannot come close to Mercedes battery range. Others have vastly improved electric motors and weigh only 18kg, can produce 700hp each. Others have various other amazingly advanced advantages to others, Tesla the cause of the ev revolution has maybe the closest to autonomous driving, but Others have caught up to them before they have even released it. Quality of build must go yo VOLVO although they need to lower weight drastically. Others are way behind in ev development yet , but I for one am do happy not to own an ev right now as energy companies greed is making ev ownership just way too expensive right now.
There is no "renewable energy" replacement for petroleum that will allow its current uses and abuses to continue business as usual. We simply drive too much, too far, for too many purposes; truck and ship goods around the world too much; ship air freight and fly for recreational travel too much; play with our big boy toys too much. The EV tech with the most potential to wean robotic humans off car dependency is plug-in hybrid, even using fossil fuels. Combustible hydrogen in the ICEngine of a PHEV+H drivetrain can deliver more than twice the MPG equivalent possible in a fuel cell EV, but only by driving less. So too the PHEV battery pack can deliver more miles than an all-battery BEV, twice or three times or as many as five times as many miles as a BEV drivetrain, again, only by driving a lot less.
4:33 Tesla is already using LFP batteries in nearly 50% of the cars sold this year. Even in their NCA cars, they use less cobalt than any other EV maker today.
@@brunoheggli2888 You gotta be a troll for sure . Tesla is Slow ? It doesn't matter how fast your running if your running in the wrong direction the Rivian and lightening are really inefficient and you can tell it was rush Tesla couldnt release the cybertruck this year bcos they were waiting for the high yield of the 4680 . When the cybertruck comes out it gonna make the other trucks look outdated.
Tesla use LFP for model 3 and short range models because they are cheap and CATL supplies most of LFP. They use LG's battery for long range model x and y, even in China market.
Doesn't matter if they won't have cars to put them in for 2-3 years. Just smoke and mirrors while they try to figure things out like how to make 20 models of electric cars hahahaha
@@fivepointeightnate GM is leaning on LG for the Ultium system. On the other tech end, they have Super Cruise. It is possible they learn from the past. For now they are in bad shape.
The repairable/upgradable battery pack is definitely a great step forward. Tesla integrating the pack into their body structure is nice and all, but its frozen in place. They're already not good at customer service.
Pouch cells are the way to get highest energy density battery pack. Kia does it and pr. kwh, this packs the tightest. Samsung dipped below $100 per kWh two years ago on the cell level.
@@FabianVolf1 Given how much simpler electric cars are than gas cars, I bet you many EVs will be able to drive over a million miles regularly with proper maintenance. The problem is not the car itself but the fact that the battery will get worn down over time, which is where having a modular, serviceable battery system will be very important
@@dipladonic The grid is actively being improved. The transition to EVs isn’t an overnight thing. The transition from horses (or no means of transportation at all) to ICE vehicles wasn’t overnight either.
@@dipladonic I'm incredulous as to why you're not familiar with the steps that are being taken to deal with this. Everyone knows that if everyone starts pulling from the grid, it won't be able to handle it...AS IT CURRENTLY STANDS. Which is why there are already projects underway to increase the capacity overall. The only thing that has slowed this down is politicians who are beholden to the fossil fuel industry and want to see EVs fail.
@@rand49er Nope. Im just a keyboard warrior. The comment is mostly with reguard with their EV attempt. You ever hear of the Bolt or Nikola? I own several classic vehicles which I put in an GM LT, LS engine, wirh a 4L80e tranny. Yes I do follow up with GM and given how old and big they are I am disappointed in their failed attempts.
The price and range justtttttt hit the right spot for me. If GM's ultium pack does have a minimum of 300 range and is 30k that would be a top competitor to me.
Problem is they only made 26 EVs in Q1 of 2022. With all that head start and experience you’d expect GM to be making and exporting millions of them every year. What’s wrong with this picture?
Remember they are still using LG fire causing cells in the packs. A burned down EV is not worth much. Remedy is to cut your range that you bought with it. So be careful. Unfortunately a current EV owner waiting almost three years for a word on recall replacement. Profit over safety and range is subject to their choosing later on......
@@a-don13 Never said Tesla had a marketing department.... Elon IS there marketing... Yet to see a working Hyperloop,robo taxi, ai robot, cyber truck, EV semi, etc etc etc
Ford and GM were surprised by the demand for electric trucks ... Gas guzzling behemoths that people buy to drive their kids to school and get groceries in are the perfect candidates for electrification. Moms buy these battlecruisers specifically for the size and their perceived safety, and then whine about the cost of ownership over the lifespan of the vehicle. The local driver is a target rich environment for these kinds of vehicles to be replaced, leaving more fuel for the long haul, heavy lift vehicles that need them.
@@DP-sh3nk The electric versions are still more efficient than the ICE counterpart. Problem is the range when towing. That isn't an issue for people using them to drive around town.
Oh imagine if GM had this world changing vision 30 years ago when they had the resources to lead the way. They could have launched a revolution. They could have called it the EV 1.
@AndreVsHimself Big Oil, big car parts, dealers reliant on service... No one in the automotive machinery was incentivized to switch. Change could not be driven from within the ICE industry as long as oil was reasonably priced.
@@rand49er I bet if the industry prioritized the advancement we would not have needed to wait thirty years. Innovation speed is dependent on priorities.
@@rand49er Gotta start somewhere, and look how far Tesla/ TSLA has come, the most valuable company that happens to make cars, oh Elon thinks that its Energy division , as in Power Walls, Powerpacks and Megapacks could be even bigger than the car business as the Whole World goes renewable.
Starting early is the best way of getting ahead to build wealth, investing remains a priority. The stock market has plenty of opportunities to earn a decent payouts, with the right skills and proper understanding of how the market works.
Ever since I lost my job with the ministry, I have been surviving through my investment with her, am so glad I invested when I did. I’m earring $25k weekly with her
Should Congress pass a legislation that says a company that received a bailout before cannot ask for another bailout unless the previous bailout has been paid back? GM still has not paid back the previous bailout.
GM has apparently got addicted to bail outs. Everything they do in say is designed to trick politicians in to handing them another bail out. Oddly both Ford and GM manufactured most of their vehicles out of the US so this union job thing is a big hoax.
GM has had battery tech but wanted to make a profit. They had the largest battery lab in the world back in 2009 when they invented the Chevy volt and been quietly working on it.
i find it soooo funny, the story of Elon Musk, his ventures, and how the so called big automotive leaders (and space industry) had scoffed at him. sighting his ventures into their markets was all but doomed. And now looking back.. he's literally flipped both industries on their head. They are now trying their best to catch up to him. All those people that looked to short tesla now with their heads in the sand. He did take huge risks, rolled the dice with the odds stacked mountain high against him, AND his ventures Tesla and SpaceX made it by the slimmest skin of their teeth. but now look at the payofff. both companies having done things never dreamed of prior. OR rather having committed to dreams that would've never been attempted by his rivals. And although things are not wispy perfect, still, its amazing to see how this guy simply went forth with conviction and with the help of other big brains, changed the world.
Investors should avoid picking stocks unless they are actually willing to research the company. If you listen to these TH-cam guys and chase big returns by investing in the latest hot stock, you're likely to overpay
@Jooste Constance Rebecca The one effective technique I use is staying in touch with a financial coach for guidance, it might sound basic or generic, but getting in touch with a financial adviser was how I was able to outperform the market during the pandemic and raise a profit of roughly $400k
@@gaileickhoff116 My advisor is *Julia Renee Lindberg* I found her in a business magazine where she was featured and reached out to her afterwards. You can look her up online if you care supervision, just search her name
Only issue is the legacy reliability and quality issues GM has had it’s not as bad as Jeep but overall American car makers are not known for reliability like Toyota, Honda, etc
Guy from Munro is on the money. GM has the ability to innovate and be a game changer but they need a complete corporate structure change for that to happen.
I feel in my heart I know they're not telling the truth, you understand when you realize that reducing range anxiety is increasing vehicle miles traveled and high VMT means more congestion.
Does this mean that GM will return to all of the markets that they abandoned, i.e. everywhere other than North America and China? The rest of the world wants to know.
Yes, we in Australia want to know. They left us as soon as our government stopped giving them taxpayer money. Caused a lot of unemployment and hardship.
@@rand49er I wonder what brand they'll use. Chevrolet may mean Corvette to many, but here it was a badge glued to the former Daewoo Matrix (dig deeply in the Web if you're not familiar, but it's not for the faint hearted)
GM hasn’t led in technology since the early years with Leland and Kettering after they purchased Cadillac. They kept trying though...tried borrowing ideas like the fiberglas car body, rear-mounted air-cooled engines, aluminum cylinder blocks, plastic intake manifolds etc. Mostly they’ve relied on advertising...Heartbeat of America and so on. GM started as a holding company and went right back to their roots in the 70’s when smaller, more efficient cars were needed and GM knew just who to buy from cheap and rebrand as their own. GM has never been a company for going the extra mile and perfecting their borrowed ideas. Don’t be surprised if “Ultium” never performs as cool as it sounds (and I say this as a guy who did engineering on the plastic intake manifolds and Northstar system).
"a guy who did engineering on the plastic intake manifolds and Northstar system" Did you also pick the cylinder head bolts and tap by chance????(threads would strip=loose head\burn coolant)
Something completely left out is the Chevrolet Spark EV (I have a 2014 model). Yes, it's a compliance car, but it is their first true consumer EV not tied to a lease program like the EV1. FANTSTIC little car - has just what you need with a few creature comforts, is affordable, and reliable!
How many miles you have on it? Did you have any range loss so far? I currently have a Nissan Leaf but I wanted a smaller car with CCS charging and thr Spark EV seems to fit very well, but I wonder if range loss is lower or higher than the Leaf.
GM has been dragged screaming into the EV market. By a company that believes a car designed to be maintained is a car designed to fail. How in heavens name do GM compete with that after 100 years of doing the opposite ?
Everybody is talking the talk. But most are not getting it to the market for a reasonable price. If this pans out good, I would hope that they also produce these batteries for power walls and for off grid solar systems.
I've owned three different Chevy Volts, the large-battery hybrid they built 2011-2019. They knew what they were doing even then. Volts are very dependable. The battery management system was very well designed.
The problem is in Q1 of2022 they only made 26 of them, in 3 months. After eleven years of experience with the Volt you’d expect they’d be making and exporting millions. What’s wrong with this picture?
@@wattlebough After they sold enough to where the government rebate was no longer available the price was less attractive. GM wasn't making much on the Volt anymore. . So they said
I praise the expansion of ev options but the problem I see is a big ev is like a big gas vehicle: inefficient. Lightness is virtuous. Less material cascades to lighter parts, lighter smaller battery and motor equals more range per weight
I want to see a minimum cruising range of around 600 miles. That's one full day of driving for me when I'm on a long trip. And I drive a full-size SUV.
People love their big cars or trucks even though most of their driving is with 1 person in the car and rarely more then 4. Plenty of truck owners who only need the extra size or storage a few times a year. Might work more efficiently(and financially) to buy an efficient vehicle for $30k to $40k rather then an inefficient $80k truck that is only needed 4 times a year; save your money and then rent a truck for those 4 uses.
It's funny how people keep talking about lighter vehicles when the real bug-a-boo in any vehicle is it's frontal area. If you don't do anything about that all of the streamlining and weight reduction in the world is only incremental gains at best.
The competition won't be coming from them or Ford. It will be from the Chinese companies who's a 100 percent in on EVs not half assed like GM who are going to probably going bankrupt making ICE vehicles.
@@ocampbell1954 I think you’re probably right. Not too many Chinese vehicle manufacturers exporting to US currently tho. Also surprisingly Toyota seems to have no interest in EVs which is unfortunate and interesting they kinda pioneered hybrids with the Prius. I’d really love to see an electric Carolla or Camry in the $25-$30k price range. I think that’d be a game changer!
This is like watching a video about Tesla from a literal decade ago. It looks like the batteries inside GMs packs are based on a platform that's roughly that old, too. EDIT: I should have just finished watching. CNBC actually included competent/properly informed critical opinions for once. Nice. Tesla has 12+ month order wait times, so if automakers want to start taking EVs serious, they've got a year to do so. Keep capitalizing while you still can, Mary.
Tesla uses Cylindrical batteries tho, extremely different from the Pouch and modular approach with GM. Tesla's are great but let's not pretend that they could catch up.
Had 4 Teslas. So glad to see competitors due to quality. They are catching up and/or exceeding Tesla now/soon. The "range" in a Tesla is highly over estimated versus other EVs often when in same conditions and their battery tech is strong, but is naive to think other major players won't catch up and/or exceed their production pretty quick, especially in the truck category - only fanboys are going to want an odd shaped trapezoid truck.
They look like pouch cells which is very dangerous and at risk of runaway combustion. Tesla specifically doesn’t use pouch cells for this reason. This isn’t going to end well.
Video says nothing about the specifications of their battery. Just more propaganda for GM. Wouldn’t be surprised to see a recall or fire reported soon after deployment.
Riminds me of how Nokia ignored and dismissed the iPhone and then they started to pursue a strategy too late in the game.. Came up with some sub-par products and then died.
They didn't just die, their CEO made the historically stupid decision to exclusively use windows mobile and not android, no one bought the phones and then Microsoft picked them up for cheap.
Yes, I remember Microsoft CEO of the time Steve Balmer looking at it and laughing saying it would never sell 1million units. Hows that going for him and Microsoft's Windows phone sales? lol
Unlike Nokia, GM had EVs in 1990's, which failed. However, Tesla and Elon worked hard to built reputation and sales. However, GM has numerous manufacturing plants which is vital for big sales and in the future EVs.
@@13cr1987 If GM formulated it chemistries batteries works and to for makings it lithium batteries a lot cheaper.It will blown out expensive Tesla electric cars and it will be stopping money hungry greedy Elon Musk from selling his product brand name at very high markups in prices.
Tesla is losing a lot of market share with others joining in. GM can beat on price easily. Fed saved many American jobs including suppliers that sell parts to GM
@@romeou4965 I doubt GM could sell an affordable EV. If ai bought anything it would be a Ford Maverick base model hybrid truck. The country does not have the infrastructure to support everyone driving an EV. Hell, where I live the grid goes down on hot days when everyone has their AC on. Imagine at nights when everyone has their cars charging.
@@j887276 just look at how affordable Korean giants Kia and Hyundai are selling EVs in the USA. Both Ford, Chevy and GM have to follow suit to maintain market share. Many shopping and work parking have EV plugs for day charge so not every EV will be plugged at night. Like cell phones, don’t want to overheat batteries by leaving plugged all night neither. Solar powered battery will allow for overnight charging and at no utility cost. Ideal scenario.
@@romeou4965 That would be nice. I got a quote to have solar installed on my house and garage roofs about 5 years ago and it would have been around $35,000. Recently I was told that solar was now "cheaper than ever" and had the same companies come give me new quotes. Wrong. It actually got more expensive 🤦♀️. My 35k quote is now 68k as of 2 months ago. I would love to see the cost of going solar become affordable, as in 10-15k but no way in hell will I pay anymore than that for a solar system. I've talked with neighbors and coworkers who agree the cost is too much. The state where I live has a very small incentive, used to be a 15k when I got the 1st quote now it's about 5k and will be gone next year leaving 100% of the costs to the homeowner. Also Hyundai and Kia might make a good EV, but I wouldn't touch them with a 10 foot pole due to the past 10 years of recalls due to their vehicles bursting into flames consequently being declared total losses by insurance companies which has led to class action lawsuits. Before that they were well known for being "throw away, cheap cars" and quickly lost value.
It can be a good thing that GM is this confident, they may or may never pass Tesla we will wait and see but if they some how do its a great thing for the EV world. It means companies outside of Tesla are taking this serious. Tesla will always improve that's been a given over the years so it others start to catch up Elon musk has won either way. His goal was to have the world convert to EV not be the only ones doing it. This is why I am a fan of Elon, while he does make smart business moves to grow his companies he doesn't do it in a way that only he can, he makes it where it forces others to step up and get better. You either improve your business like these car companies are doing or you sue him like Bezzos is doing.
CNBC made a whole video about how GM will somehow lead in EVs with the Ultium battery. Why didn’t they ever make a video about Tesla’s 4680 batteries or battery day? Because no ad revenue from Tesla? This seems to be an ad for GM 🤦🏾♂️
@@MmC-vn1mf This is the “no- think” thread! I mean, Tesla made headlines for producing its one millionth 4680 battery back in January, but we’re pretending that they don’t produce their own batteries, no?
@@ShanGamer1981 yeah they didn’t take its seriously. Very low priority then. It’s not until recently (past 5 years +-) that they have been heavily invested. Legacy automakers notoriously slow to adopt.
GM will not dominate anything, because their management is too inept, and their union work force is too inflexible. They've been promising to dominate one thing or another for 50 years, but the only thing that we've seen during that time is decreasing market share, cratering profits, and "also ran" technology.
Every company is saying they will dominate in making EVs but it is not an easy one. Now Tesla and BYD are dominating. I am asking a question to General Motors , why you didn't make EVs so far.
I think a lot of people don't really care about the rate of innovations as much as working in a good environment with good benefits and also more certainty that the company will not fail.. Tesla have the reputation to be a toxic work environment, it is also very over valued, they don't sell a lot of cars and are more prone to a possible bankruptcy that could happen in a recession
@@gabrielmassicotte-rochon6920 None of the legacy auto makers are in the top 10 in the USA for engineers. Toyota is ranked high in Japan, VW in Europe, Tesla in the USA.
The way demand is for EVs it looks like production numbers is all that matters right now. If you make the most EVs you sell the most EVs, that's it. It will be years before cross shopping starts to matter.
Don’t worry, it’s pure marketing BS, as these ICE legacy companies know there’s absolutely no future revenues from maintenances or parts replacement with these EV. GM sold 400 EV last quarter. They all have to announce these EV to remain relevant, but actually scaling it, not a chance.
You mean you need it. Right now they are battery constrained and sell every car they make. If you can make a limited amount of cars, to you make one that has a $20k profit margin or one that has a $1000 profit margin? You make the luxury one because that is how you maximize profits. The small cars will come when they can scale up battery production.
6.00 minutes in and still waiting to hear what makes it different from anything other companies are already doing or developing. This CNBC advertising GM, nothing else.
I don’t think people realize how high gas prices will negatively effect the sales of the ICE gas guzzlers that manufacturers love due to high margin. Winter is coming.
@@TheBandit7613 that used to be to true. now shareholders are demanding returns through divs and buybacks so oil companies are more hesitant to invest in capex. Opec is also struggling to up its production and is continually failing to achieve its agreed upon production. the under investment in the sector due to many factors will keep oil relatively high ( i dont see oil going below 75$ for the next 2-3 years)
@@gargalash9191 it's 100% artificial. The very first thing Biden did was shut down almost 1/2 of ANWAR. That cut oil production my 2,000,000 BPD. The Permits they claimed to issue are stalled out by the Dept of Interior. He either reverses direction or his party will be punished. People won't tolerate a lack of fuel along with the prices.
@@gargalash9191 One other IMPORTANT thing... The push for EV's is a bad joke. The grid is not ready for EV's. What do you think will happen when 150,000,000 people come home from work and plug in their 240 volt, 50 amp chargers? ZAP! There goes about a million breakers. For EV's we'll need thousands of new power plants. The problem, one new plant takes 20 to 30 years along with the permitting issues. So if we start RIGHT NOW and work really hard, maybe in 50 years there will be power for EV's. Windmills and solar won't be enough. Have you seen Michael Moore's documentary Planet Of The Humans? If not, it's free here on TH-cam. I suggest you watch it to better understand the renewable energy market and what a huge scam it really is.
I'm generally a Ford fan, I want the lightning, but I will say that it's crucial that the manufacturer intends to repair their EV's on a cell/pouch level - as opposed to simply replacing the whole pack whenever you... oh I don't know... bust a coolant hose fitting, like Tesla was in the news for.
Its amazing that GM can push all this marketing about features that it thinks are new and cool and unique... except they are really just essentially basic features that ALL modern EV traction battery platforms have. Not just GM's 'Ultium'. Does GM really think it is fooling anyone?
Eventhough I love my 17 year old Dodge Ram Hemi PU, I would be happy for now with a well-engineered hybrid. Much better fuel economy for average every day driving, but you would lose much of that when using the vehicle for towing. This is the tradeoff and I'm willing to go that way since towing would happen much less than daily driving. Ultimately, I would switch to full EV if GM or others could provide a platform, as other EV owners want, one with adequate range. I don't like the poor fuel economy on current pickup trucks, diesel units are ridiculously priced and ultimately, I want to separate myself from using fossil fuels altogether. We are slowly but surely poisoning the planet and with exploding populations in third world countries and clear cutting the Amazon and other rain forests for palm oil plantations and cattle ranches, we are killing the environment from all angles. It's time for change and co-existence with nature.
All this stuff is still way expensive. One of the main points of electrification is the reduction in tight-tolerance, high-assembly time mechanical components. You pretty much end up with one moving part, the motor spindle. Point being is that when these machines are mature, they ought to cost one helluva lot less to make than ICE vehicles.
Just read an article,that changing the battery is more expensive than a new vehicle. Don't know if it's TRUE, but agree with you, way to expensive for the majority of people. Then again that may be their intention that only the rich and the government will be the only ones driving( won't need as many charging stations with that theory)
The right tolerance just moved to the electrode thickness and how much and how quickly both electrode swell inside that pouch. The cathode swells a bit more on charging. So there isn't really a reduction in right tolerance parts. It just gets shifted to the new parts added like the Energy storage system, (the battery pack) and it's related parts. Electrode swelling and thermal management will be the new quality challenges, especially when electrode thicknesses, both material coating and metal substrate are measured in micron or equivalent, ( 0.0001").
I highly doubt how upgrade-able this system will be for the future. Cool to say another cell can be placed later on, but the bms might not like that, or the batteries, or the batteries might NOT fully work to their full potential, why else even upgrade. Or will they die fast?
They know they won't last and it will generate a ton of revenue on exploratory investigation fees. Oh, sorry sir, it took us 6 hours to determine it was this packet. 1000$ for inspection and labor to assess and another 800$ for the packet and install.
3:04 GM has already "teased"....that was epic. Really puts all doubts to rest about GM 's EV dominance. Poor Tesla and BYD have no chance. They are producing EVs only in the millions.
Tesla lost more market cap in the time since you wrote this than any stock in any time in human history. While GM sold out the AWD Lyriq in minutes, the Caddillac EV goes on sale in China later this year, where they already love Caddillac's.
@@paulbedichek2679 Tesla had the market cap to lose. Tesla's losses are bigger than GM's net worth and they're still worth a zillion times what GM is worth.
If EV sales were measured in hot air general motors would be the leader by 2025. They said in 2017 they’d have 20 models by now. Well…where are they? Meanwhile don’t charge your Bolt unattended.
You're making it up, Brian. All Bolt's have had their batteries replaced due to LG's manufacturing problems. The Bolt is back in production. It does not use the Ultium battery.
These pouch batteries have some real down sides. They're more expensive/slower to manufacturer. And they don't discharge heat as well as something like a Tesla 4680. The Munro associate in this video makes good points about how virtually everything GM is doing is no better or behind what other manufacturers are already doing.
Chances are slim that you, Sofia Freja, are an electrical engineer with a post graduate degree in high energy battery design. But that is* also a picture of Sandy Munro...all mustage and no mathematics...perfect for the audience here where a basic expression of calculus is not tappable. Just sayin...the playfield here is* level and don't think much about lifting it higher than The Mustache Level.
"they don't discharge heat as well" I think that is why the Liriq battery in the test bay appears to have what look like hoses going to the battery- likely to cool it?!?!?
I love how GM talks so confidently, as if they didn't ignore EV tech for a decade...
Who cares about the past?Sure not me!The present and the future is all what counts!GM will doing great!
New company direction is always welcomed
I bought a Ford Maverick. I am averaging 44mpg on my daily commute, but the next vehicle I get will most likely be an EV......th-cam.com/video/15HsJrSNr8w/w-d-xo.html but who evers builds an electric truck in the same size they got my $$$$
Maybe they were studying it behind the scenes.
@@brunoheggli2888 it's exactly what Thomas is saying. GM is making this optimistic assumptions based on past technology and not looking 5 years from now, this feel-good video doesn't state the obvious: that pouch batteries are already at the tail-light of EV technology as of today
"In China, GM sells more electric cars than Tesla..."
Yes, the "car" is the Wuling Hong Guang Mini EV, which is basically a golf cart.
Don’t forget to mention that their plan was to sell China made EV to Americans but Trump slapped on the tariffs and suddenly they’re a proud American manufacture.
GM only own 40% of Wuling, BUT GM count All Wuling cars sales! Lol. GM are runs by 🤡🤡🤡
It's also a Chinese car.
it also isnt even number one anymore, and it has been outsold for several quarters now by tesla, but i expect nothing less from a trash news org like this.
yes but they only make $14 per vehicle
The General Motors EV1 was an electric car produced and leased by General Motors from 1996 to 1999. It was the first mass-produced and purpose-designed electric vehicle of the modern era from a major automaker and the first GM car designed to be an electric vehicle from the outset, if G.M. would have stuck with its EV program they would be #1 in through out the world today.
That's one of the many reasons I don't care what GM does----I will never own a car with their nameplate on it. They're scatterbrained and scream unreliable. The EV1 was a ridiculously missed opportunity.
Ifs are for children.
@@MrCountrycuz B) We were all children once upon a time...
But we grew up and started punching back? Ain't gonna get clobbered by any "if (you don't stopdat rightnow!)" that constrains our (not your's) cherished freedoms?
Merci for your "if" ...tizz a gem
If you're gonna quote Wikipedia, give them credit.
en.wikipedia.org/wiki/General_Motors_EV1
@@Donovaan Keep reading its not all WIKI...
I hear a lot of "gonna do", "gonna make". GM is just putting on a happy face for investors. They are light years behind Tesla and other startups and the only EV that they have sold in any numbers is the bolt which of course they had to recall because of fire risk because they just threw the product out to market; something they often do.
You are right. When you have nothing you use the good and old speculation. That's older than my great-grandfather!
by 2025 while GM reaches tesla's 1mil EV sales, tesla would already be building flying cars...
light years? lol
While Tesla says we did or we have done already lol just look at our Gigapresses
GM has sided with Oil Mafia and intentionally killed EVs we all know it. GM is the most progress killer corporation ever known. All GM cars are trash at best.
I'm glad there is Tesla. If not Tesla, these dinasour brands will probably never transform into EV.
Love yer I.D.!.!.!.
You are soo right. GM has never made great cars. I dont see a change. Their cars dont do well overseas
@@blakejohnson3864 Hmmm I thought the goal was to reduce carbon emissions? I agree, the appeal is there now.
@@jacquesthompson2946 My 1966 Cadillac may not last even fifty more years.
Agreed
Going forward, I recommend you include a comparative analysis among all the manufacturers with their EV’s regarding maximum charge rate, maximum range, and efficiency (including whether or not the models have a heat pumps). It is in these three areas that people find the most value with her EV’s because these three areas point to the true long-term value of those vehicles.
TESLA model Y "50D" made in AUSTIN is Superior to anything made by Legacy auto,
Adults roll their eyes at the "I was like" millennial verbal tick. Now a strata of adults have a verbal tick of their own. It's "Going forward". Completely superflous and pointless, it can be used at the beginning or end of sentences; going forward...
This was probably partly sponsored by them, this is literally hot air
Right now Mercedes has the range advantage pretty much locked down, even tesla new battery cannot come close to Mercedes battery range.
Others have vastly improved electric motors and weigh only 18kg, can produce 700hp each.
Others have various other amazingly advanced advantages to others, Tesla the cause of the ev revolution has maybe the closest to autonomous driving, but Others have caught up to them before they have even released it.
Quality of build must go yo VOLVO although they need to lower weight drastically. Others are way behind in ev development yet , but I for one am do happy not to own an ev right now as energy companies greed is making ev ownership just way too expensive right now.
There is no "renewable energy" replacement for petroleum that will allow its current uses and abuses to continue business as usual. We simply drive too much, too far, for too many purposes; truck and ship goods around the world too much; ship air freight and fly for recreational travel too much; play with our big boy toys too much. The EV tech with the most potential to wean robotic humans off car dependency is plug-in hybrid, even using fossil fuels. Combustible hydrogen in the ICEngine of a PHEV+H drivetrain can deliver more than twice the MPG equivalent possible in a fuel cell EV, but only by driving less. So too the PHEV battery pack can deliver more miles than an all-battery BEV, twice or three times or as many as five times as many miles as a BEV drivetrain, again, only by driving a lot less.
4:33 Tesla is already using LFP batteries in nearly 50% of the cars sold this year. Even in their NCA cars, they use less cobalt than any other EV maker today.
Tesla is to slow,and already behind,they dont even have a truck,its laughable!
@@brunoheggli2888 You gotta be a troll for sure . Tesla is Slow ? It doesn't matter how fast your running if your running in the wrong direction the Rivian and lightening are really inefficient and you can tell it was rush Tesla couldnt release the cybertruck this year bcos they were waiting for the high yield of the 4680 . When the cybertruck comes out it gonna make the other trucks look outdated.
@@brunoheggli2888 That's the funniest, most false thing I've heard yet today. Congrats.
@@user-to2rf1rj5v Tesla made zero trucks!Its all just hot air!The cyberyruck will be extremly expensiv,so its not a product for the masses!
Tesla use LFP for model 3 and short range models because they are cheap and CATL supplies most of LFP. They use LG's battery for long range model x and y, even in China market.
I hope it works for GM Ultium batteries because they cannot afford anymore fires.
Doesn't matter if they won't have cars to put them in for 2-3 years. Just smoke and mirrors while they try to figure things out like how to make 20 models of electric cars hahahaha
@@fivepointeightnate GM is leaning on LG for the Ultium system. On the other tech end, they have Super Cruise. It is possible they learn from the past. For now they are in bad shape.
@@fivepointeightnate Exactly!
they had the tech leading car in the 80's, the EV1...they CRUSHED all of them!
So far the only dominance they've had is in BEV recalls
LG's problem in manufacturing the Bolt's battery which is not Ultium by the way.
@@rand49er Well, it was GM's product was it? Full responsibility for GM. Lg is just a partner.
#1 EV in the US????? This will age well.
facts,In terms of legacy auto this is true.if you put tesla in the mix then nope lol
The repairable/upgradable battery pack is definitely a great step forward. Tesla integrating the pack into their body structure is nice and all, but its frozen in place. They're already not good at customer service.
@@FabianVolf1 That Model S has gone through 2 (or more, not specified) battery packs and 8 drive motors.
Pouch cells are the way to get highest energy density battery pack. Kia does it and pr. kwh, this packs the tightest. Samsung dipped below $100 per kWh two years ago on the cell level.
Battery swap technique better than charging, a lot faster.
@@FabianVolf1 Given how much simpler electric cars are than gas cars, I bet you many EVs will be able to drive over a million miles regularly with proper maintenance. The problem is not the car itself but the fact that the battery will get worn down over time, which is where having a modular, serviceable battery system will be very important
@@mocheeks709 It's incredibly wasteful and not very useful considering EVs can take as little as 15 minutes to charge nowadays
"Around 2008, we said people really want an EV..."
Yeah, we all did, after we saw the success Tesla was having! 😂😂😂
Axiomatically, ubiquitous EVs will destroy the electricity grid. I'm incredulous as to why that isn't blatantly obvious to everyone.
@@dipladonic it will be upgraded
@@dipladonic The grid is actively being improved. The transition to EVs isn’t an overnight thing. The transition from horses (or no means of transportation at all) to ICE vehicles wasn’t overnight either.
@@dipladonic
I'm incredulous as to why you're not familiar with the steps that are being taken to deal with this. Everyone knows that if everyone starts pulling from the grid, it won't be able to handle it...AS IT CURRENTLY STANDS. Which is why there are already projects underway to increase the capacity overall. The only thing that has slowed this down is politicians who are beholden to the fossil fuel industry and want to see EVs fail.
@@SA2004YG What with...dilute, intermittent wind and sun generated electricity!
The proof in the pudding is in the eating.
It is hard to see that GM can make a good quality product, give their track record.
Do you know anything at all about GM's products? I'm sure you own only foreign cars, what was I thinking.
@@rand49er Nope. Im just a keyboard warrior. The comment is mostly with reguard with their EV attempt. You ever hear of the Bolt or Nikola?
I own several classic vehicles which I put in an GM LT, LS engine, wirh a 4L80e tranny.
Yes I do follow up with GM and given how old and big they are I am disappointed in their failed attempts.
The price and range justtttttt hit the right spot for me. If GM's ultium pack does have a minimum of 300 range and is 30k that would be a top competitor to me.
Ten years life span...
@@blindtoby8967 10 years...based on 10 seconds of typing, yes?
Problem is they only made 26 EVs in Q1 of 2022. With all that head start and experience you’d expect GM to be making and exporting millions of them every year. What’s wrong with this picture?
Less lifespan than LFP
Remember they are still using LG fire causing cells in the packs. A burned down EV is not worth much. Remedy is to cut your range that you bought with it. So be careful. Unfortunately a current EV owner waiting almost three years for a word on recall replacement. Profit over safety and range is subject to their choosing later on......
Competition's a good thing. We'll see if GM can actually rival other companies with their EVs or if it's just marketing talk.
Tesla is all marketing talk.....
@@MmC-vn1mf Tesla literally don't even a marketing department but go off i guess.
@@a-don13 Never said Tesla had a marketing department.... Elon IS there marketing... Yet to see a working Hyperloop,robo taxi, ai robot, cyber truck, EV semi, etc etc etc
@@MmC-vn1mf A cursory internet search says otherwise, troll
@@MmC-vn1mf well... you'll see them. none of their models ever came on time, no different here.
plus hyperloop isn't under tesla.
Thanks to Elon Musk. He's the leader of the EV boom.
I remember 20 years ago GM said the same thing about hydrogen fuel cell vehicles…systemic dishonesty at its best
Give this narrator a raise, is the best voice of cnbc
Ford and GM were surprised by the demand for electric trucks ...
Gas guzzling behemoths that people buy to drive their kids to school and get groceries in are the perfect candidates for electrification. Moms buy these battlecruisers specifically for the size and their perceived safety, and then whine about the cost of ownership over the lifespan of the vehicle. The local driver is a target rich environment for these kinds of vehicles to be replaced, leaving more fuel for the long haul, heavy lift vehicles that need them.
Great comment
@@DP-sh3nk The electric versions are still more efficient than the ICE counterpart. Problem is the range when towing. That isn't an issue for people using them to drive around town.
Great Job GM... This will do very well. A winner..
Oh imagine if GM had this world changing vision 30 years ago when they had the resources to lead the way. They could have launched a revolution. They could have called it the EV 1.
@AndreVsHimself Big Oil, big car parts, dealers reliant on service... No one in the automotive machinery was incentivized to switch. Change could not be driven from within the ICE industry as long as oil was reasonably priced.
Harry, I bet you'd be happy with a lead-acid battery powering your car for those 30 years, too.
@@rand49er I bet if the industry prioritized the advancement we would not have needed to wait thirty years. Innovation speed is dependent on priorities.
@@rand49er Gotta start somewhere, and look how far Tesla/ TSLA has come, the most valuable company that happens to make cars, oh Elon thinks that its Energy division , as in Power Walls, Powerpacks and Megapacks could be even bigger than the car business as the Whole World goes renewable.
Woulda, coulda, shoulda... but didn't!
They really reused that animation of batteries falling into a battery chassis about 100x in this video.
Starting early is the best way of getting ahead to build wealth, investing remains a priority. The stock market has plenty of opportunities to earn a decent payouts, with the right skills and proper understanding of how the market works.
I truly agree with you on that,
I must say crypto is the future and with the way Bitcoin is climbing so high it's really advisable for people to invest now.
Mrs Kamilla helped me recovered all I've lost trading by myself
Ever since I lost my job with the ministry, I have been surviving through my investment with her, am so glad I invested when I did. I’m earring $25k weekly with her
Investment is that tiny line that separates the rich from the poor.
Should Congress pass a legislation that says a company that received a bailout before cannot ask for another bailout unless the previous bailout has been paid back? GM still has not paid back the previous bailout.
GM has apparently got addicted to bail outs. Everything they do in say is designed to trick politicians in to handing them another bail out. Oddly both Ford and GM manufactured most of their vehicles out of the US so this union job thing is a big hoax.
I haven't laughed that much in years... Thank you, GM!
It's the smug confidence that benefits the consumer tho :)
Yeah, it's laughable for sure..
GM has had battery tech but wanted to make a profit. They had the largest battery lab in the world back in 2009 when they invented the Chevy volt and been quietly working on it.
GM is the best at press releases.
i find it soooo funny, the story of Elon Musk, his ventures, and how the so called big automotive leaders (and space industry) had scoffed at him. sighting his ventures into their markets was all but doomed. And now looking back.. he's literally flipped both industries on their head. They are now trying their best to catch up to him. All those people that looked to short tesla now with their heads in the sand. He did take huge risks, rolled the dice with the odds stacked mountain high against him, AND his ventures Tesla and SpaceX made it by the slimmest skin of their teeth. but now look at the payofff. both companies having done things never dreamed of prior. OR rather having committed to dreams that would've never been attempted by his rivals. And although things are not wispy perfect, still, its amazing to see how this guy simply went forth with conviction and with the help of other big brains, changed the world.
Do you have a pleasant way with words Comin “wispy perfect”
“by the slimiest skin of their teeth”
And for that he is getting the brunt of hate from people. Shows you the power of mainstream media.
Elon has the true American spirit.
Hear! Hear! Captain America
@@daviddrake6875 Captain Africa, actually :) Well good for him. He's definitely a great leader and a hero.
The same manufacturer that made EV1 way before Tesla and scrapped the electric vehicles for making super size gas guzzling SuVs, Hummers.
What do you drive, Felix? No doubt a foreign car because you despise America.
That was decades ago, get with the times
@@brotherdaveseattle2791 gm has only gotten worse since. Sold out to China after bankruptcy
You couldn’t give me a GM product. No thanks. I’ll stick to my old Prius.
@@MsNickie1001 I traded my GM 7 years ago ago, and I got myself a Toyota Corolla hatchback. Best car I've ever owned.
We must end all fossil fuel subsidies!
Investors should avoid picking stocks unless they are actually willing to research the company. If you listen to these TH-cam guys and chase big returns by investing in the latest hot stock, you're likely to overpay
@Jooste Constance Rebecca The one effective technique I use is staying in touch with a financial coach for guidance, it might sound basic or generic, but getting in touch with a financial adviser was how I was able to outperform the market during the pandemic and raise a profit of roughly $400k
@@idellameyer7411 That’s impressive result! How could someone go about a consultant for guidance? I could use the help really
@@gaileickhoff116 My advisor is *Julia Renee Lindberg* I found her in a business magazine where she was featured and reached out to her afterwards. You can look her up online if you care supervision, just search her name
@@idellameyer7411 Thanks you for sharing. I just looked into her and am impressed 👏👏👏
You scam bots are next level with your scams!
Only issue is the legacy reliability and quality issues GM has had it’s not as bad as Jeep but overall American car makers are not known for reliability like Toyota, Honda, etc
Its better than Tesla.....
Guy from Munro is on the money. GM has the ability to innovate and be a game changer but they need a complete corporate structure change for that to happen.
If it wasn't for Tesla GM would never go electric.
So what?
Funny how the company that destroyed EVs are now investing in them 🤡
I doubt you know anything at all about EVs nor what kind of battery the EV1 used.
@@rand49er Whether he does or not, he is not wrong.
By all means, God speed, more inovating and more competition will make the future better
You did, Mary. You electrified the entire automobile industry. I’m serious. You led - and it matters. 🤣
I feel in my heart I know they're not telling the truth, you understand when you realize that reducing range anxiety is increasing vehicle miles traveled and high VMT means more congestion.
In your heart? whatever
1-2 years ago I would have said 100% my first EV will be a Tesla in 2024. Now it's close to 10% a Tesla, 90% something cheaper.
GM had the opportunity for dominance right from the start with the EV1, who knows where we would be now had they kept going.......
GM also had co-engineered a full range of charging components with Hughes at the EV1 time....wasted
Does this mean that GM will return to all of the markets that they abandoned, i.e. everywhere other than North America and China? The rest of the world wants to know.
Yes, we in Australia want to know. They left us as soon as our government stopped giving them taxpayer money. Caused a lot of unemployment and hardship.
Nah, we really don't need them. Some of the worst cars ever created
They'll be back in Europe I've read with EVs.
@@rand49er I wonder what brand they'll use. Chevrolet may mean Corvette to many, but here it was a badge glued to the former Daewoo Matrix (dig deeply in the Web if you're not familiar, but it's not for the faint hearted)
@@rand49er Let's hope not
GM hasn’t led in technology since the early years with Leland and Kettering after they purchased Cadillac. They kept trying though...tried borrowing ideas like the fiberglas car body, rear-mounted air-cooled engines, aluminum cylinder blocks, plastic intake manifolds etc. Mostly they’ve relied on advertising...Heartbeat of America and so on. GM started as a holding company and went right back to their roots in the 70’s when smaller, more efficient cars were needed and GM knew just who to buy from cheap and rebrand as their own. GM has never been a company for going the extra mile and perfecting their borrowed ideas. Don’t be surprised if “Ultium” never performs as cool as it sounds (and I say this as a guy who did engineering on the plastic intake manifolds and Northstar system).
I love the smallblock Chevy v8. Over 100 million were produced.
"a guy who did engineering on the plastic intake manifolds and Northstar system" Did you also pick the cylinder head bolts and tap by chance????(threads would strip=loose head\burn coolant)
Something completely left out is the Chevrolet Spark EV (I have a 2014 model). Yes, it's a compliance car, but it is their first true consumer EV not tied to a lease program like the EV1. FANTSTIC little car - has just what you need with a few creature comforts, is affordable, and reliable!
It had an GM badge. It was a Korean design and development. Nothing US based in knowledge.
How many miles you have on it? Did you have any range loss so far? I currently have a Nissan Leaf but I wanted a smaller car with CCS charging and thr Spark EV seems to fit very well, but I wonder if range loss is lower or higher than the Leaf.
@@RedBatteryHead And the Bolt is made where?
@@gteixeira I can get around 65-75mi per charge, get 4.3mi/kWh, and it has about 98Kmi on it now.
@@misturchips it's now made in US. But the car was a Deawoo development with LG chem. Same as the spark was.
GM has been dragged screaming into the EV market.
By a company that believes a car designed to be maintained
is a car designed to fail.
How in heavens name do GM compete with that after 100 years of doing the opposite ?
"We're working towards a goal where we have zero crashes, zero emissions and zero congestion"
You're going to stop selling cars??
Everybody is talking the talk. But most are not getting it to the market for a reasonable price. If this pans out good, I would hope that they also produce these batteries for power walls and for off grid solar systems.
Batteries are expensive. That's not going to change.
Nice to see GM Paying for a deep dive
I've owned three different Chevy Volts, the large-battery hybrid they built 2011-2019. They knew what they were doing even then. Volts are very dependable. The battery management system was very well designed.
The problem is in Q1 of2022 they only made 26 of them, in 3 months. After eleven years of experience with the Volt you’d expect they’d be making and exporting millions. What’s wrong with this picture?
@@wattlebough After they sold enough to where the government rebate was no longer available the price was less attractive. GM wasn't making much on the Volt anymore. . So they said
Because the Volt ICE motor was used as a range extender the battery management system works well on the Bolt.
I praise the expansion of ev options but the problem I see is a big ev is like a big gas vehicle: inefficient.
Lightness is virtuous. Less material cascades to lighter parts, lighter smaller battery and motor equals more range per weight
This would be a great excuse to not give people a ride since it will hurt how far I can travel before recharging. 😂
GMs whole brand is making big cars though, downsizing would mean a lot more competition
I want to see a minimum cruising range of around 600 miles. That's one full day of driving for me when I'm on a long trip. And I drive a full-size SUV.
People love their big cars or trucks even though most of their driving is with 1 person in the car and rarely more then 4. Plenty of truck owners who only need the extra size or storage a few times a year. Might work more efficiently(and financially) to buy an efficient vehicle for $30k to $40k rather then an inefficient $80k truck that is only needed 4 times a year; save your money and then rent a truck for those 4 uses.
It's funny how people keep talking about lighter vehicles when the real bug-a-boo in any vehicle is it's frontal area. If you don't do anything about that all of the streamlining and weight reduction in the world is only incremental gains at best.
Everything in the future will be electric & automated.
Ok...
so awesome! can't wait to buy a revolutionary GM ev!
-said no one ever
GM will lead .......is already late........
I like the way GM making EVs affordable 😊
Everyone needs to understand that GM isn’t a car company, it’s a large ass finance/law firm.
I hope GE is right. Competition is good for the consumer.
The competition won't be coming from them or Ford. It will be from the Chinese companies who's a 100 percent in on EVs not half assed like GM who are going to probably going bankrupt making ICE vehicles.
@@ocampbell1954 I think you’re probably right. Not too many Chinese vehicle manufacturers exporting to US currently tho. Also surprisingly Toyota seems to have no interest in EVs which is unfortunate and interesting they kinda pioneered hybrids with the Prius. I’d really love to see an electric Carolla or Camry in the $25-$30k price range. I think that’d be a game changer!
Saying and doing are very different things. I wish GM the best but Tesla, Ford, Rivian, Volkswagen are way ahead of GM on the EV front.
This is like watching a video about Tesla from a literal decade ago. It looks like the batteries inside GMs packs are based on a platform that's roughly that old, too. EDIT: I should have just finished watching. CNBC actually included competent/properly informed critical opinions for once. Nice. Tesla has 12+ month order wait times, so if automakers want to start taking EVs serious, they've got a year to do so. Keep capitalizing while you still can, Mary.
With less than 600 EVs sold last quarter Mary and GM have a long long way to go to catch up to Tesla, as in it will never happen.
You know zero about Ultium. Goose egg.
Tesla uses Cylindrical batteries tho, extremely different from the Pouch and modular approach with GM. Tesla's are great but let's not pretend that they could catch up.
Had 4 Teslas. So glad to see competitors due to quality. They are catching up and/or exceeding Tesla now/soon. The "range" in a Tesla is highly over estimated versus other EVs often when in same conditions and their battery tech is strong, but is naive to think other major players won't catch up and/or exceed their production pretty quick, especially in the truck category - only fanboys are going to want an odd shaped trapezoid truck.
They look like pouch cells which is very dangerous and at risk of runaway combustion. Tesla specifically doesn’t use pouch cells for this reason. This isn’t going to end well.
Video says nothing about the specifications of their battery. Just more propaganda for GM. Wouldn’t be surprised to see a recall or fire reported soon after deployment.
They're in the process of recalling all the Bolts for battery replacement
Let's go GM
Riminds me of how Nokia ignored and dismissed the iPhone and then they started to pursue a strategy too late in the game.. Came up with some sub-par products and then died.
They didn't just die, their CEO made the historically stupid decision to exclusively use windows mobile and not android, no one bought the phones and then Microsoft picked them up for cheap.
Yes, I remember Microsoft CEO of the time Steve Balmer looking at it and laughing saying it would never sell 1million units. Hows that going for him and Microsoft's Windows phone sales? lol
@@taefravis Steve Balmer wasn't smart there.
Unlike Nokia, GM had EVs in 1990's, which failed. However, Tesla and Elon worked hard to built reputation and sales. However, GM has numerous manufacturing plants which is vital for big sales and in the future EVs.
@@13cr1987 If GM formulated it chemistries batteries works and to for makings it lithium batteries a lot cheaper.It will blown out expensive Tesla electric cars and it will be stopping money hungry greedy Elon Musk from selling his product brand name at very high markups in prices.
GM will never be #1 in EVs because Tesla is. GM also should have went out of business years ago instead of the government bailout 🤷♂️
Tesla is losing a lot of market share with others joining in. GM can beat on price easily. Fed saved many American jobs including suppliers that sell parts to GM
@@romeou4965 I doubt GM could sell an affordable EV. If ai bought anything it would be a Ford Maverick base model hybrid truck. The country does not have the infrastructure to support everyone driving an EV. Hell, where I live the grid goes down on hot days when everyone has their AC on. Imagine at nights when everyone has their cars charging.
@@j887276 just look at how affordable Korean giants Kia and Hyundai are selling EVs in the USA. Both Ford, Chevy and GM have to follow suit to maintain market share.
Many shopping and work parking have EV plugs for day charge so not every EV will be plugged at night. Like cell phones, don’t want to overheat batteries by leaving plugged all night neither.
Solar powered battery will allow for overnight charging and at no utility cost. Ideal scenario.
@@romeou4965 That would be nice. I got a quote to have solar installed on my house and garage roofs about 5 years ago and it would have been around $35,000. Recently I was told that solar was now "cheaper than ever" and had the same companies come give me new quotes.
Wrong. It actually got more expensive 🤦♀️. My 35k quote is now 68k as of 2 months ago. I would love to see the cost of going solar become affordable, as in 10-15k but no way in hell will I pay anymore than that for a solar system.
I've talked with neighbors and coworkers who agree the cost is too much. The state where I live has a very small incentive, used to be a 15k when I got the 1st quote now it's about 5k and will be gone next year leaving 100% of the costs to the homeowner.
Also Hyundai and Kia might make a good EV, but I wouldn't touch them with a 10 foot pole due to the past 10 years of recalls due to their vehicles bursting into flames consequently being declared total losses by insurance companies which has led to class action lawsuits. Before that they were well known for being "throw away, cheap cars" and quickly lost value.
He keeps saying that the battery will last “the life of the vehicle”. That statement doesn’t mean anything. Give us numbers. How many miles, years??
It can be a good thing that GM is this confident, they may or may never pass Tesla we will wait and see but if they some how do its a great thing for the EV world. It means companies outside of Tesla are taking this serious. Tesla will always improve that's been a given over the years so it others start to catch up Elon musk has won either way. His goal was to have the world convert to EV not be the only ones doing it. This is why I am a fan of Elon, while he does make smart business moves to grow his companies he doesn't do it in a way that only he can, he makes it where it forces others to step up and get better. You either improve your business like these car companies are doing or you sue him like Bezzos is doing.
I became fan of musk when I saw him in Iron man movie doing a cameo..... Masterstroke
It comes down to who can bring it to the masses for an affordable price.
CNBC made a whole video about how GM will somehow lead in EVs with the Ultium battery. Why didn’t they ever make a video about Tesla’s 4680 batteries or battery day? Because no ad revenue from Tesla? This seems to be an ad for GM 🤦🏾♂️
Lmao Tesla doesn't make their own batteries, it's Panasonic.....
@@MmC-vn1mf This. How come people don’t know that Panasonic owns Giga Texas, Giga Nevada and Giga Berlin?
@@guslevy3506 Maybe because they only make the batteries for them.... Please think before you reply next time ok buddy 😃
@@MmC-vn1mf This is the “no- think” thread! I mean, Tesla made headlines for producing its one millionth 4680 battery back in January, but we’re pretending that they don’t produce their own batteries, no?
@@guslevy3506 They don't , it's okay kid; one day you'll learn how to do basic research
Yep, you can count on what GM has to say. Almost as much as you can count on NBC.
While others move away from Cobalt and Nickle, GM marches on, like usual, with outdated technology.
When you learn how to spell nickel, you be sure to get back to us.
@@rand49er And when you learn when to use quotations, back at you. ;-)
Pot, meet Kettle.
Wayyyyy behind GM, should’ve been at this level 10 years ago.
they had the ev1 and got rid of it years ago
@@ShanGamer1981 yeah they didn’t take its seriously. Very low priority then. It’s not until recently (past 5 years +-) that they have been heavily invested. Legacy automakers notoriously slow to adopt.
For what?Why starting to early and weasting money?The perfect time will be arround in 2years to start,so GM is still to early,but thats ok!
LOL Guess this didn't go anywhere.....
GM will not dominate anything, because their management is too inept, and their union work force is too inflexible. They've been promising to dominate one thing or another for 50 years, but the only thing that we've seen during that time is decreasing market share, cratering profits, and "also ran" technology.
Amen.
Every company is saying they will dominate in making EVs but it is not an easy one. Now Tesla and BYD are dominating. I am asking a question to General Motors , why you didn't make EVs so far.
They already made 3 of them! And they were/are pretty good!
I have high admiration toward these top engineers of America.
If you're a battery engineer, do you want to work for Tesla or GM?
GM has probably way better benefits and better work culture I think people confuse engineers with gamers...
@@gabrielmassicotte-rochon6920 culture? Are yout hat blind to not see the rate of innovation take place in Tesla?🙄.
@@niyazzmoithu20 Rate of innovation at Tesla? Tesla has been nothing but delays.
I think a lot of people don't really care about the rate of innovations as much as working in a good environment with good benefits and also more certainty that the company will not fail..
Tesla have the reputation to be a toxic work environment, it is also very over valued, they don't sell a lot of cars and are more prone to a possible bankruptcy that could happen in a recession
@@gabrielmassicotte-rochon6920 None of the legacy auto makers are in the top 10 in the USA for engineers. Toyota is ranked high in Japan, VW in Europe, Tesla in the USA.
I wonder when the fossiil industry will stop using cobalt in oil refining...
Really? Is cobalt used in oil refining, or are you making a joke?
@@simongross3122 Yes it is used....
@@kylereese4822 I didn't know that. Interesting. So we have "blood oil" as well as "blood batteries". Well, it's a bloody mess, anyway.
@@simongross3122 Cobalt is being fazed out in batteries but not in oil....
@@henryvalera3480 Actually Cobalt is used as a simple catalyst, and most is recycled. Ironically probably around 98%.
The way demand is for EVs it looks like production numbers is all that matters right now. If you make the most EVs you sell the most EVs, that's it. It will be years before cross shopping starts to matter.
GM: Going EV
Ford: Going EV
Toyota: Going EV
Chevy: Going EV
Porsche: Going EV
BMW: Going EV
Honda: Going EV
US Power grid: *sweating nervously*
Don’t worry, it’s pure marketing BS, as these ICE legacy companies know there’s absolutely no future revenues from maintenances or parts replacement with these EV. GM sold 400 EV last quarter. They all have to announce these EV to remain relevant, but actually scaling it, not a chance.
All I see is TESLA going around... The rest going down .
V2G?
By saying GM will be #1 by -25, they of course mean the number of EV models launched instead of EVs produced.
I'm watching this now in May 2024 ...LOL
I still don't understand the logic of making the super heavy Hummer with its brick-like aero one of their first EV offerings.
We need more small, inexpensive EVs like the Citroen Ami, not these luxurious monsters
You mean you need it. Right now they are battery constrained and sell every car they make. If you can make a limited amount of cars, to you make one that has a $20k profit margin or one that has a $1000 profit margin? You make the luxury one because that is how you maximize profits. The small cars will come when they can scale up battery production.
STILL, I gotta say the Model "S" was the world beater of the day, as a platform of new developments.!.!. It still is a classic, IMO.!.!.!.
6.00 minutes in and still waiting to hear what makes it different from anything other companies are already doing or developing.
This CNBC advertising GM, nothing else.
I don’t think people realize how high gas prices will negatively effect the sales of the ICE gas guzzlers that manufacturers love due to high margin. Winter is coming.
Car demand already exceeds global manufacturing capacity. Automakers have nothing to worry about.
High oil prices always leads to low oil prices.
High prices makes oil companies pump more.
@@TheBandit7613 that used to be to true. now shareholders are demanding returns through divs and buybacks so oil companies are more hesitant to invest in capex. Opec is also struggling to up its production and is continually failing to achieve its agreed upon production. the under investment in the sector due to many factors will keep oil relatively high ( i dont see oil going below 75$ for the next 2-3 years)
@@gargalash9191 it's 100% artificial. The very first thing Biden did was shut down almost 1/2 of ANWAR. That cut oil production my 2,000,000 BPD.
The Permits they claimed to issue are stalled out by the Dept of Interior.
He either reverses direction or his party will be punished. People won't tolerate a lack of fuel along with the prices.
@@gargalash9191 One other IMPORTANT thing...
The push for EV's is a bad joke. The grid is not ready for EV's.
What do you think will happen when 150,000,000 people come home from work and plug in their 240 volt, 50 amp chargers? ZAP! There goes about a million breakers. For EV's we'll need thousands of new power plants. The problem, one new plant takes 20 to 30 years along with the permitting issues. So if we start RIGHT NOW and work really hard, maybe in 50 years there will be power for EV's.
Windmills and solar won't be enough.
Have you seen Michael Moore's documentary Planet Of The Humans?
If not, it's free here on TH-cam. I suggest you watch it to better understand the renewable energy market and what a huge scam it really is.
With GM and other US makers getting involved (finally) we are probably near the top.
Don't worry china will steal the tech and undercut the market. We'll only be able to enjoy it for so long.
I'm generally a Ford fan, I want the lightning, but I will say that it's crucial that the manufacturer intends to repair their EV's on a cell/pouch level - as opposed to simply replacing the whole pack whenever you... oh I don't know... bust a coolant hose fitting, like Tesla was in the news for.
The lightning is great but why does it cost $80,000 ?
@@davidkettell5726 to leave room for the dealer to add fees
@@davidkettell5726 the base model is around $40k, plus there's a $7500 federal rebate not to mention possible state rebates depending on location
Yes. When battery replacement is so expensive... I need a 15 or 20 year 500 000 warranty.
@@davidkettell5726 Why does a Grand Cherokee cost $90,000?
Its amazing that GM can push all this marketing about features that it thinks are new and cool and unique... except they are really just essentially basic features that ALL modern EV traction battery platforms have. Not just GM's 'Ultium'. Does GM really think it is fooling anyone?
These guys have one objective, to drive up the stock price and get out before the inevitable bankruptcy, buyer beware.
not if you spend so much money on lobby. daddy government will bail them out with your tax money.
Imagine how much vehicle range ( both EV and IC ) could improve if we drove vehicles that were more appropriately sized for our needs.
Eventhough I love my 17 year old Dodge Ram Hemi PU, I would be happy for now with a well-engineered hybrid. Much better fuel economy for average every day driving, but you would lose much of that when using the vehicle for towing. This is the tradeoff and I'm willing to go that way since towing would happen much less than daily driving. Ultimately, I would switch to full EV if GM or others could provide a platform, as other EV owners want, one with adequate range. I don't like the poor fuel economy on current pickup trucks, diesel units are ridiculously priced and ultimately, I want to separate myself from using fossil fuels altogether. We are slowly but surely poisoning the planet and with exploding populations in third world countries and clear cutting the Amazon and other rain forests for palm oil plantations and cattle ranches, we are killing the environment from all angles. It's time for change and co-existence with nature.
All this stuff is still way expensive. One of the main points of electrification is the reduction in tight-tolerance, high-assembly time mechanical components. You pretty much end up with one moving part, the motor spindle.
Point being is that when these machines are mature, they ought to cost one helluva lot less to make than ICE vehicles.
Totally agree. Much simpler and fewer components, and fewer labor hours needed for assembly. When production numbers scale up, EVs should be cheaper.
Just read an article,that changing the battery is more expensive than a new vehicle. Don't know if it's TRUE, but agree with you, way to expensive for the majority of people. Then again that may be their intention that only the rich and the government will be the only ones driving( won't need as many charging stations with that theory)
The right tolerance just moved to the electrode thickness and how much and how quickly both electrode swell inside that pouch. The cathode swells a bit more on charging. So there isn't really a reduction in right tolerance parts. It just gets shifted to the new parts added like the Energy storage system, (the battery pack) and it's related parts. Electrode swelling and thermal management will be the new quality challenges, especially when electrode thicknesses, both material coating and metal substrate are measured in micron or equivalent, ( 0.0001").
@@allencooper3622 Was it a GM vehicle?
I think the game changer for EV buyers will be when batteries can be fixed.
"Any vehicle that we dream up?" That makes sense since all they've been doing is sleeping
I highly doubt how upgrade-able this system will be for the future. Cool to say another cell can be placed later on, but the bms might not like that, or the batteries, or the batteries might NOT fully work to their full potential, why else even upgrade. Or will they die fast?
GM will be out of business before anybody wants to do that
They know they won't last and it will generate a ton of revenue on exploratory investigation fees. Oh, sorry sir, it took us 6 hours to determine it was this packet. 1000$ for inspection and labor to assess and another 800$ for the packet and install.
1:24 "There are countless startups all around the world"
*shows Polestar which is just Volvo's premium brand*
3:04 GM has already "teased"....that was epic. Really puts all doubts to rest about GM 's EV dominance. Poor Tesla and BYD have no chance. They are producing EVs only in the millions.
Tesla lost more market cap in the time since you wrote this than any stock in any time in human history.
While GM sold out the AWD Lyriq in minutes, the Caddillac EV goes on sale in China later this year, where they already love Caddillac's.
@@paulbedichek2679 after loosing that much it is many times bigger than GM
@@paulbedichek2679 Tesla had the market cap to lose.
Tesla's losses are bigger than GM's net worth and they're still worth a zillion times what GM is worth.
@@protorhinocerator142 You re innumerate.
Shows your ignorance,Tesl must buy battery packs from BYD.
By 2035? Honey, GM won't be in business in 2035 at that rate!
GM is better then ever! No problems at all!
@@brunoheggli2888 😂😂
GM bankrupt before 2027
@@brunoheggli2888 GM have a BIIIIIIIIIIIIIIIG debt. Lol
@@mikafiltenborg2291 Biiiiiiiig dept is no problem!
The U.S don't have to Infrastructure for the electric vehicles to charge them.🤔🤔 what happens to areas that flood??🤔🤔🤔
My question is how you going to get regular people to buy electric car most people cannot afford even a regular car today..
Have them prostitute themselves.
They're buying over priced gas guzzling trucks and SUVs.
The goal is to get EVs to an affordable price. Like the Bolt or Model 3.
Long term maintenance should also be cheaper for EVs vs ICE cars.
@@LaniakeaDenizen I wouldn't consider the Model 3 that affordable anymore. Especially consider GM has models coming at $30k and lower.
If EV sales were measured in hot air general motors would be the leader by 2025. They said in 2017 they’d have 20 models by now. Well…where are they? Meanwhile don’t charge your Bolt unattended.
You're making it up, Brian. All Bolt's have had their batteries replaced due to LG's manufacturing problems. The Bolt is back in production. It does not use the Ultium battery.
Majority of bolts were bought back by GM .
This DID NOT age well
These pouch batteries have some real down sides. They're more expensive/slower to manufacturer. And they don't discharge heat as well as something like a Tesla 4680. The Munro associate in this video makes good points about how virtually everything GM is doing is no better or behind what other manufacturers are already doing.
Chances are slim that you, Sofia Freja, are an electrical engineer with a post graduate degree in high energy battery design.
But that is* also a picture of Sandy Munro...all mustage and no mathematics...perfect for the audience here where a basic expression of calculus is not tappable.
Just sayin...the playfield here is* level and don't think much about lifting it higher than The Mustache Level.
"they don't discharge heat as well" I think that is why the Liriq battery in the test bay appears to have what look like hoses going to the battery- likely to cool it?!?!?
@@calmorton4619well how does it look like... GM ULTIUM fail battery
How will they catch Tesla if they're guiding for 1m EV sold in 2025 and tesla sold that last year?
Math be hard.
English language even harder.