Comment by tw04
10 hours ago
>2) all the other US manufacturers treated electric as a premium product, resulting in the overpowered electric Hummer 2 and F-150 pickups with high price tags
They had to in order to build the manufacturing capacity without literally bankrupting themselves. As GM has shown, once they had the expertise and manufacturing capabilities, they could quickly move downmarket. By all accounts GM's entry into the space has been a raging success, moving downmarket with the Equinox being available for as low as $27,500.
They obviously aren't to Tesla level sales numbers yet, but they're growing rapidly and I would not count them out of the fight.
https://insideevs.com/news/746177/general-motors-record-2024...
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