It is Going. As GM Goes So Goes the EV Market

GM intends to continue to be a global automotive source & brand.
So GM is transitioning to & investing heavily in electric vehicles.
In the next 5 years, seeks to be the major source of EV cars & trucks.
Investing $27B by 2025 & set to take on Tesla.
Seeks to refashion itself as a mobility company of the future.
EV revolution could trigger the eventual AV revolution in vehicle market.

The High Cost of EV Batteries Impacting Manufacturer Sales Volume, Profits, & Replacement

The need for a low cost EV battery continues to be an industry challenge, even for Mighty Tesla.
Dozens of battery manufacturers around the world and at the OEMs are focused on using low-cobalt and cobalt-free battery chemistries & the use of chemical additives, materials and coating;
The high cost of an EV battery assembly and its replacement cost are impacting the sale of EVs, market penetration, and volume. The Pandemic has not helped.