when the hummer ev was announced a lot of people got pumped myself included i'm not usually a
hummer type of guy but between the max range of 350 miles the nutty acceleration for a vehicle
that size at 3 seconds for their 0 to 60 time and even the littler things like the removable roof
i liked the overall package it also felt like for the first time maybe ever
gm was turning over a new leaf and was putting some real effort into evs for once i guess maybe
other than the ev1 but that was decades ago anyways i want to see more competition in the
ev space because more competition is better for us consumers i said as much in the video i made over
a year ago when it was announced that i really liked this vehicle and i was far from the only one
gm sold out of their most expensive model nearly instantly which led people to believe that demand
was really strong and demand is pretty strong they got somewhere around 60 000 pre-orders with
80 of those being for their most expensive version while that's nowhere near the cyber trucks over a
million pre-orders that's still really strong demand for a legacy automotive company like
gm so all this sounds great gm created a product that people are really excited about so what's the
catch well here's the thing about creating a high demand product is that you still have to deliver
it and here's where we get a good look into gm's actual feelings towards evs despite gm being
capable of producing millions of vehicles as they do every year they plan on manufacturing only 3
800 hummer evs in 2022 that is a painfully small goal and if they wanted to produce more
but they just weren't capable of it because they were supply constrained or something
that would be one thing but nope they have the capability to produce more they just didn't want
to now luckily for fans of the hummer ev just a couple days ago gm has told their suppliers that
they're increasing their production goal to 21 000 this year which okay let's be real here it's
great the gm increased their production goal but even that new higher goal is way too small even
at this new increased production goal of about 20 000 that would still take them about three years
to fill their pre-order numbers and while yes it's true that i'm sure many of those pre-orders won't
actually be fulfilled it's telling that even with the sticker price of six figures there's
demand gm could leverage this demand by producing as many of these high-priced trucks as possible
in order to learn more about producing evs and ultimately lowering their manufacturing costs
while selling high margin vehicles and to give you an idea of how many full-size trucks gm makes now
they hit nearly 800 000 in 2021 and that was a bad year for them so their goal of originally
not quite four thousand hummers annually that would have been about half a percent of their
usual annual full-size truck sales not vehicle sales not truck sales just full-sized truck sales
what i'm trying to say here is that their production goal is basically nothing when it comes
to their capabilities and more than that their production goal is a reflection of the company's
vision for the future which again is basically nothing i'm kidding i'm kidding but really
it's telling for the public it tells us that gm really isn't taking ev seriously despite all of
the lip service they've been giving us they can say all that they want they're going all in on evs
and all that but when they make production goals that are a fraction of a percent of their sales
it shows us where their real motives are and at first i thought maybe it was just with the hummer
ev that gm was aiming for these really super low production quantities so i did more digging and
it's not the cadillac lyric which is another one of their evs that's going to be hitting the market
relatively soon has an ultra low production quantity their goal for the first year was only 3
200. that is so astonishingly low considering gm's production capability and this is gm's direct
answer to the model y they're both crossover style vehicles which are within 10 prices of each
other gm has seen tesla's massive success with the tesla model y which is that tesla is selling every
single why they can produce and if tesla could produce more they would sell more in the last
quarter of 2021 the model y sold somewhere around 190 000 units which is just insane to think about
and yet despite gm seeing the market react to the model y spending all the time and research
development costs and the tooling costs and everything else to bring the lyric to market
they aim for a production goal of just over 3 000 units it seems incredibly silly now to gm's credit
because of the demand that they've seen for the lyric they decided to increase their production
goal for the year to 25 000. which obviously that's a step in the right direction but in my
opinion that's still nowhere near what it needs to be they should be moving mountains to be building
evs as quickly as they possibly can and they're not and at this point you might be asking yourself
why they seem to be taking their sweet time with the transition when they really don't have any
time they're clearly already late and i think this statement from ceo mary barra sums it up quite
nicely when asked how they're going to transition away from ice vehicles which are nearly 100
of their current revenue she says this mary how do you exit a business that today accounts for
basically 100 of your profit and cash flow how do you do that well we've got 14 years
and i'll say it right here and now if gm doesn't make some massive changes and put in some real
efforts towards the transition to evs they're not going to make it 14 years gm keeps reassuring the
public that they'll be producing tens of models by 2025. you know and i think when you look at
the fact that we'll have more than 30 vehicles globally that are ev by 2025 and this is exactly
the problem coming out with 30 different vehicles globally doesn't mean anything at all the hummer
and cadillac are perfect examples of that they can say that look at us here we have two more electric
offerings but when they're only producing a few thousand of each of them they're really
not accomplishing anything with those models it would be so much more cost effective for them to
just make one model and really take their time and engineer it well then mass produce that one
model rather than to make 30 different models and sell almost none of each of them it just goes to
show that all they're really doing is trying to put a good face on for the public when they don't
actually mean it here's another example of the complete [ __ ] that they're pedaling mary barra
in a separate interview said that she's confident that they'll be able to catch tesla in ev sales
by 2025 except she knows that's complete and utter listen to this clip one of the goals that
you guys stated emphatically was you will be the market leader in evs but right now tesla's at 63
market share by 2025 some believe that you can catch tesla you guys are at what nine ten percent
right now in the us do you think that you can catch tesla by 2025 absolutely phil when we look
at the portfolio we have not only the hummer and the lyric we will be rolling them out and
we're going to just keep working until we have number one market share in evs so she's absolutely
confident they'll catch tesla by 2025 and there's just no other word for it than bullsh she's trying
to deceive the public right there and i can prove it their goal for global ev sales in 2025 is 1
million units 1 million cars and okay great but tesla produced nearly a million units in 2021 and
is predicted to be selling more like four to six million by 2025. and gm of course knows that they
know they don't stand a chance at selling that many evs by 2025 because they're not even trying
to that isn't their goal so when they're saying they're confident that they're going to catch
tesla by 2025 they are intentionally lying to the public and we know they aren't really turning over
a new leaf and really trying to transition because when we hear the production goals
for the hummer ev and cadillac lyric they're nothing not because gm couldn't build more
ebs but because they don't want to and if they keep up this mentality of not wanting to change
it's not a matter of if they'll go bankrupt it's a matter of when and if you want to hear about
how gm is working with the federal government to get their way check out this video alright peace