Interview with Mary Barra

[70 copo]

Originally Posted by JoeC

Tesla V3 Supercharging adds 75 miles in just 5 minutes

the future does not look good for new fossil fuel vehicles

"Many countries are now banning new vehicles that run on fossil fuels like gasoline, diesel or liquefied petroleum gas. Germany, India, Ireland, Israel, and the Netherlands have announced plans to ban fossil fuel cars starting in 2030; Britain, France, Taiwan and California will ban them in 2040; and Norway in 2025. Paris, Rome, Madrid, Athens and Mexico City will ban diesel vehicles in 2025."

Yes... the world wide war on the internal combustion engine. Many in the hobby are concerned, some are in denial- some are too old to care.

Fortunately markets in the free world are built around the consumer. If electric vehicles are made more convenient, more reliable, safer than an ICE vehicle, then the free market will kill ICE all by its self.

So if GM has a winner then why is Mary Barra is on the record in mid 2019 asking the US Government to change the "200,000 vehicle rule"? This is the the so called "tax credit cliff" which is a subsidy quota that mandates relief to the US taxpayer to stop subsidizing EV sales in the future.

US Government said no.

If GM goes into Chapter again GM could be finished. I suspect the Next 12 months are critical for Mary. as I said back on page 1 She looks to be "all in" at this time. I wish her luck.