Category: GM

Chevy’s risky plan for EV dominance: Flood the zone as competitors pull back

A close-up of the Chevrolet Equinox EV badge Nora Naughton, Business Insider Chevrolet is hopeful its offerings will break through in a new EV market. Flooding the zone has worked with gas-powered cars. Gas-powered cars and hybrids can fill in the gaps while the EV market adjusts. Chevrolet’s new lineup of electric vehicles is arguably showing up at the worst possible time. After a few…

GM and Ford’s gas-powered profits and hybrid successes show how hard it will be for Tesla to weather an EV...

Tesla CEO Elon Musk. Tayfun Coskun/Anadolu via Getty Images Tesla finally has to deal with the EV slowdown. The EV company can’t rely on hybrids and gas cars like competitors. Musk blamed industry prioritization of hybrids for poor Q1 performance. Tesla is finally being forced to reckon with a slowdown in electric-vehicle demand, and CEO Elon Musk’s tactics are likely to look different than his…