AD #3584 - GM Won't Invest in New EV Plants; Lucid Expanding Into China; U.S. Dealers Worried Sales Will Slow
About this episode
General Motors plans to convert existing plants for EV production rather than building new ones, contrasting Ford's $5.6 billion investment in a new EV facility. Lucid received a $3 billion investment to boost production and expand into China with a seasoned industry leader. Job cuts are hitting Europe’s auto sector, while suppliers like Hella secure key EV system contracts. Chevy honors the Camaro with a special NASCAR edition, and US dealers express cautious optimism amid economic concerns. China’s car sales struggle to rebound post-pandemic, and Bridgestone tests tire recycling innovations to enhance sustainability.
Chevrolet Camaro
"...pplier to land that kind of contract. The six gen Camaro is riding off into the sunset, but not without at..."
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