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RE: General Motors Going The Way Of Nokia

in LeoFinance4 years ago (edited)

General Motors can go to hell in a high speed elevator. After what they did to their investors during the first months of the Obama reign of error I won't have anything to do with them.

As for Prius. My daughter in law owned one. Nice care but, unlike ICE, it has a limited life. Once the battery is old it has to be replaced and THAT takes a LOT of money. She learned that the hard way and didn't buy a second one.

Did I mention batteries? That's the crux of the matter. Electric Vehicles need much better batteries. End of story.

My rule of thumb. "If an industry required a subsidy to compete then it's not ready for prime time."

EV's are nice for Urban driving. In rural west Texas? Not so much.