as GM announced after the transition Hummer pure electric cars, electric goods competitive North American market is heating up card, in addition to the Hummer EV, Tesla Cybertruck and Rivian R1T are strong competitors. To be able to stand out in the fierce market wrestling, the common strategy intended to win with speed, daring notice Hummer EV will be the first electric cargo volume card production market.
GM executive Mark Reuss hinted toward investment in people when briefing at Capital Markets Day, Hummer EV is likely to lead to other electric goods cards opponent, the first to come out. This is indeed a very bold statement, because Rivian already go for several years, electric cars Tesla and rich experience in the development and tuning, not to mention Rivian R1T expected will be listed this year. If you want to grab them before, Hummer EV will inevitably have to be released this year, but also not too late.
In addition to its products electrification of the progress GM Group now to large auto groups is very backward. GM had in the 1990s to become the industry’s EV1 electric car pioneer of this, however, nearly 30 years in the past, GM is currently only Chey Bolt this electric car hatchback car sold in the United States. One can imagine the gap between the car and mid-sized hatchback wagons how obvious is that among the experience and technical ability to apply afraid had to be marked with a question mark.
common in recent years for electrification are not interested, not only failed to accelerate the development of pure electric cars, hybrid and even the existing product line has also been reduced, cut off the Chevrolet Volt and Cadillac ELR. But looking at the strong demand for goods card products in the North American market, and electric goods from the card level has yet been developed, there are universal hand Hummer so valuable IP intellectual property rights, and therefore a change of heart put into the electric market is not surprising.
But anyway, if GM really want to once again become the market leader,We have to face a fierce rate competition. In addition to the previously mentioned Tesla and Rivian next year, as well as medium-sized wagons leader Ford F-150 pure electric cars waiting, the situation seems very serious. This is why the chief executive and confidence to speak a different tune, general downward trend in share prices will be after the Capital Markets Day, investors generally listed as scheduled on Hummer EV still hold wait and see attitude.