It’s truly remarkable how General Motors, with its electric vehicle expertise, is suddenly facing a 14% drop in sales in the vibrant EV market of China. It’s almost as if they’ve been caught with their engines idling, while the Chinese consumers are all revved up for domestic automakers. I mean, who needs a GM when you’ve got a ‘Made in China’ logo that screams innovation and coolness? And let’s not forget, they’re planning a ‘revamp’ of their lineup – a term that sounds suspiciously like a round of ‘revolving door’ for the old GM strategies. The promise of ‘more than 60% of annual sales from electrified models’ by 2027? That’s a tall order in a market where ‘upgraded’ might just mean ‘old wine in a new bottle’ with a bit of ‘mild hybrid assistance’ thrown in. It’s almost as if GM is trying to plug a leaky ship with a sieve while the Chinese market is like a pool party where the cool kids won’t even glance at the oldies’ section. Let’s see if these ‘next-generation’ models will actually drive GM out of the doldrums or just send them into a tailspin.
Read from: https://www.topspeed.com/how-gm-plans-to-regain-chinese-market-share/