General Motors' Bumpy Road Toward Mass Adoption Of Battery Electrics

wakilaFreezing temperatures across the nation provided more evidence that mass adoption of battery electric vehicles (BEVs) faces serious obstacles that will hinder sales and profitability of General Motors Company (NYSE:GM) and other BEV manufacturers. Frigid weather combined with energy-sapping cabin heaters may reduce the range of BEVs up to 40%, depending on how the vehicle’s heating system is designed. Tow truck drivers in Chicago and elsewhere are reporting calls from stranded owners whose cars we ...