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"In the back of my mind, I suspect automaker's stampede into EVs was motivated, primarily, by the sort of ATP and GP that Tesla used to report."
And that blew up in their faces. Now Ford & GM have pinned their hopes on hybrids.
I get the feeling Ford & GM are tossing shyte on the wall and waiting to see if anything sticks.
No longer term planning; just grasping at straws.
reuters.com - Ford byd talks hybrid vehicle battery deal wsj reportsFord (F.N), opens new tab is in discussions with BYD (002594.SZ), opens new tab to purchase batteries for its hybrid models, the Wall Street Journal reported on Thursday, at a time when the Detroit automaker deals with waning demand for electric vehicles.
The two companies are still discussing how the arrangement would work, the report said, citing people familiar with the matter. One option being considered is for Ford to use BYD batteries in markets outside the U.S., the report said.
The deal, if it goes through, would give Ford access to cheaper batteries and advanced technology from one of China's largest EV makers.
This comes as North American automakers scale back their costly EV push after struggling to keep pace with Chinese rivals, losing out on tax credits and pivoting toward cheaper models and hybrids instead.gmauthority.com - GM still working on hybrid and phev strategy says mary barraBarra also reiterated that GM is actively working on a hybrid and plug-in hybrid strategy for the U.S. market.carscoops.com - GM plug in hybrid returnGeneral Motors is finally stepping into the plug-in hybrid game, a move that’s been a long time coming.motortrend.com - Next gen general motors chevrolet buick gmc hybrids comingA New Wave of GM Hybrids Should Show Up By 2027
GM’s only hybrid is the Chevrolet Corvette E-Ray and its only plug-in hybrids are sold in China. We have had precious little detail. But now we know the timeframe. Barra said GM will introduce some hybrids in 2027 in keys segments, but not across the board. 