In the article titled “GM’s Ultium Battery Disaster and Embarrassing EV Sales Figures,” the content creator addresses the recent developments regarding General Motors’ (GM) battery technology and electric vehicle (EV) sales. The video discusses how GM’s plans to switch from prismatic battery cells to cylindrical cells have caused tension in their relationship with LG Energy Solution. Additionally, it highlights GM’s lack of response to the Ultium Battery Disaster and disappointing EV sales figures. Viewers are encouraged to use their critical thinking skills and share their thoughts in the comments section.
The article also mentions that GM and LG Energy Solution have ended talks about building a fourth US battery factory together. GM’s decision to switch to cylindrical battery cells has led to delays in the production of electric pickup trucks at their Michigan plant. Furthermore, the cumulative sales of electric vehicles using GM’s ultium platform have been comparatively low in comparison to competitors like Tesla. The article raises questions about GM’s lack of announcements or improvements in their ultium platform, indicating a potential lack of urgency within the company to address these issues.
GM’s Ultium Battery Disaster
GM and LG Energy Solution end talks about building fourth US battery factory
In a surprising turn of events, General Motors (GM) and LG Energy Solution have decided to end their talks about constructing a fourth battery factory in the United States. This decision comes as a shock to many, as the partnership between GM and LG Energy Solution was expected to flourish and strengthen the production of electric vehicles (EVs) on GM’s ultium platform. However, it seems that there are underlying tensions and disagreements that have led to the demise of this joint venture.
Tension in GM and LG Energy Solution relationship due to switch from prismatic to cylindrical battery cells
One of the key factors that contributed to the strain in the relationship between GM and LG Energy Solution is GM’s decision to switch from prismatic (pouch) battery cells to cylindrical battery cells in their future electric cars. This move has raised eyebrows and caused friction between the two companies. It is unclear why GM has made this switch, as prismatic battery cells are known for their modular design and ability to optimize energy density and vehicle layout. The decision to switch to cylindrical cells may have cost implications and could potentially hinder the overall performance of GM’s electric vehicles.
Delayed production of electric pickup trucks at Michigan plant
As part of the fallout from the tensions between GM and LG Energy Solution, the production of electric pickup trucks at GM’s Michigan plant has been delayed by a year. This setback is significant, as the demand for electric pickup trucks is on the rise and automakers are striving to meet this demand. GM’s delay in production raises concerns about their ability to deliver on their promises and keep up with the competition in the EV market.
Embarrassing EV Sales Figures
Cumulative sales of electric vehicles on GM’s ultium platform compared to Tesla
When comparing the cumulative sales of electric vehicles on GM’s ultium platform to those of Tesla, it is clear that GM is lagging behind. Tesla has been a frontrunner in the EV market for years, and their sales figures are proof of their dominance. GM’s embarrassing sales figures reveal the challenges they are facing in gaining traction and capturing the attention of consumers. It is crucial for GM to address this issue swiftly and develop strategies to improve their EV sales performance.
Lack of response from GM regarding embarrassing EV sales figures
Despite the disappointing sales figures, GM has remained conspicuously silent about the issue. The lack of response from the company is concerning, as it indicates a lack of accountability and transparency. GM must address the embarrassing EV sales figures and provide insights into their plans for improvement. Open communication with stakeholders and customers is essential for rebuilding trust and confidence in GM’s EV offerings.
In conclusion, GM’s ultium battery disaster is an ongoing issue that the company must address urgently. The end of talks with LG Energy Solution for a fourth US battery factory, tension in the GM and LG Energy Solution relationship, delayed production of electric pickup trucks, embarrassing EV sales figures, and the lack of response from GM are all significant challenges that need to be overcome. GM should prioritize their battery technology development, improve their EV sales performance, and foster transparency and collaboration to regain their position in the rapidly growing EV market.
In the video titled “GM’s Ultium Battery Disaster and Embarrassing EV Sales Figures,” the content creator discusses the lack of response from GM following the Ultium Battery Disaster, as well as disappointing EV sales numbers from the company. The video encourages viewers to join Patreon for additional content and offers a free one-year supply of Vitamin D and AG1 travel packs through a provided link. The creator’s X/Twitter account is also promoted for subscribers. The video highlights the option to unlock over 300 exclusive videos through Patreon. The Oura Ring is recommended for tracking sleep, readiness, and activity. Tesla stock price targets are available on Patreon, while channel merch can be purchased at the Solving the Money Problem Creative Store. Various merch options related to Tesla and Elon Musk are listed, including TSLA HODLR, 420 Funding Secured, Don’t bet against Elon, and more. Health and wellness affiliates are mentioned, including Athletic Greens for daily nutrition and the Oura Ring for sleep and activity tracking. The creator’s top 100 book list is provided, along with social media links to their X/Twitter and Instagram accounts. The video concludes with timestamps and a message encouraging viewers to use their own critical thinking instead of following blindly. The creator expresses their love for the audience and invites them to share their thoughts in the comments section. Bitcoin and Ethereum addresses are provided for those who wish to send cryptocurrency.