EA: So you just took billions of dollars form or so-called liberal
president... money from voters pockets... are going to use it to build
EV's and plugins? Or fulfill on any of the your promises and consumer
expectations?
GM: We're in the business of profit for our shareholders, not
appeasing consumers.
EA: But, there are millions of people waiting to buy these cars.
Waiting to buy, instead of buying now when you need the sales most.
Isn't that profit you're throwing out the door at the worst possible
time?
GM: Yes. But... erm... Look at the new Volt!
EA: It's not even real! It uses "secret batteries" that haven't been
tested or shown to be road-worthy.
GM: It is real, people test drove them!
EA: But those were non-experts, and the prototypes used off-the shelf
batteries. Anyone could make a prototype like that in a garage!
GM: If anyone can make one, then why do you need us!
EA: Ah-ha......
The real secret is... electrics are just too easy to make. It's
simpler technology by 100 times over, simpler production lines - which
is GM's core strength. As battery tech improves, GM is going to be
overrun with price-competitive start-ups that they can't buy out.
Sure, you can take out competitors slowly, but it's hard to do.
What they do now is make extemely complicated things at economies of
such enormous scale that it wards off competitors. With electrics,
that business model doesn't work. It's just too expensive to subvert every new player, wheel and deal in DC, and stay on top. GM may find itself dying a death of slow attrition by gnats...
