ECarCo 3: Why GM won't build an EV
Funds controlling a majority of GM stock hold far more in oil company stock. GM CEO Wagoner admitted that crushing the EV1 was his "worst decision". Why would he say that if it had not been forced on him? Could GM's spectacular, historic fall from what was once the world's largest industrial corporation be due to simple incomptence? Or is it something closer to the collaboration of GM and Standard Oil, where GM supplies the hardware but Chevron makes money off the daily dose?
About Car
A car, or an automobile, is a motor vehicle with wheels. Most definitions of cars state that they run primarily on roads, seat 1-8 people, have four wheels, and mainly transport people rather than cargo. There are over 1.6 billion cars in use worldwide as of 2025. The French inventor Nicolas-Joseph Cugnot built the first steam-powered road vehicle in 1769, while the Swiss inventor François Isaac de Rivaz designed and constructed the first internal combustion-powered automobile in 1808. The mode...
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