Impact of electric cars on Ford/GM/Chrysler going forward?
If there is a massive shift toward electric cars in the next decade (which many signs are pointing to) how do you think the big American car companies are going to handle the transition? Their manufacturing focus is around combustion engines and associated drive-trains, whereas electric only companies (like Tesla) are setup to build electric vehicles without all the internal combustion baggage. Won't the big auto companies be at a disadvantage needing to retool all their current manufacturing to electric based cars? Will they survive without more bailouts?
Have a great day!
The "huge shift" may well fizzle out when electric cars wind up in the hands of regular car buyers rather than gadget freaks and greenies and all of the disadvantages can no longer be whitewashed. Expect more bankruptcies and bailouts in the future among car companies that go full electric.
Just based on press releases and what is publicly known.
GM seems to have the best plan and platform between the three. I mean, they are transitioning their premere brand, Cadillac, to all electric, sooner than their other brands.
Ford seems to be getting into it too. They have been flirting with electrification for years, in the form of hybrids, and have transitioned their best selling model truck to all electric. I also think they are playing it cautious, as to time their entry just right, rather than too soon.
Chrysler seems behind. While their parent is working on the platform for EV, Chrysler itself doesn’t seem as vocal about electrification. At least how I perceive the information that is out there.
Lastly, GM and other union plants may have the advantage if they get those huge tax rebates approved. I don’t agree with those huge tax rebates as it screws up the market on whether or not an EV can truly stand up on its own.
Only time will tell.
only companies (like Tesla) are setup to build electric vehicles
That's simply not true.
GM has been working on EV's for a while. They have already had a head start in China.
In N.America GM has already been selling the Bolt EV, and they've announced 30 more EV vehicles including a Silverado pickup.
Unfortunately, yes. I think they are gearing up for the change and will be able to transition to electric vehicles. US car companies have announced they are shifting future investments to designing and producing EVs.
Auto companies retool every year for new model production. Ford for instance completely retooled their plants for the F150. Since 2015 F150's chassis are now assembled with rivets and glue (for the aluminized bodies) for instance.
Regarding bailouts, we will have to see how they (and the US consumer) can weather the next recession.
If the politics in the US stay the same, I see a continued and sustained push for EVs. The worst part about it, is even if consumers don't buy them in large numbers (or outright reject them like I do) the government is going to continue to legislate them into existence.
I hope I'm wrong, I do not like EVs and the direction where things are going.
do you get a free fire extinguisher with one?
Adapt or die. That's really it in a nutshell.
If electric/hybrid cars do start becoming the trend, the big companies will be forced to make the change.
Too early to say what will happen of course.
I'm curious to see if GM will fix their Bolt batteries which are basically fire emitting time bombs before they make more. hehe
Well Dodge just announced that the supercharged hellcat V8 engine will be no more after 2023.
They are now developing an electric version for 2024. I'm curious to see what it will turn out to be.
Several "tons of money" will have to be spent to make electric vehicles mainstream. The target date of 2035 isn't likely to happen. We were suppose to have colonies on Mars by now and we were suppose to have had an ice age by now. Too many people making ridiculous predictions.