RE:RE:EV Race: The Case of Hyundai’s Quiet SuccessHow are your Peyto shares doing?
Yasch22 wrote: It's amazing to see how the Korean chaebol system helps its top companies adapt to changing markets. Imagine what GM, Ford or Stellantis could look like if they too had gone all in back in 2018.
Earlier today I was looking into Honda's recently announced plans to team up with GM on battery production and shared tech for EV production, but Honda is still talking about effecting the big switch to EVs by 2027 to 2030. That's just way too un-ambitious, it seems to me. By 2025, the market will be dominated by Tesla, VW, Hyundai, and 3 or 4 Chinese companies like BYD, NIO, Xpeng and Geely-Volvo.
I just wish Canada had more than a few branch plants in this game. GM in Oshawa and Stellantis in Windsor are making the aforementioned big noises, but they're showing they're not really ALL IN every time they say some big thing is going to happen 4, 5, or 7 years down the road. They've got to start making big things happen right now.