{"id":7156,"date":"2024-06-14T03:27:25","date_gmt":"2024-06-14T03:27:25","guid":{"rendered":"https:\/\/corvettenewsforum.com\/index.php\/2024\/06\/14\/gm-scaling-back-on-ev-plans\/"},"modified":"2024-06-14T03:27:25","modified_gmt":"2024-06-14T03:27:25","slug":"gm-scaling-back-on-ev-plans","status":"publish","type":"post","link":"https:\/\/corvettenewsforum.com\/index.php\/2024\/06\/14\/gm-scaling-back-on-ev-plans\/","title":{"rendered":"GM Scaling Back On EV Plans"},"content":{"rendered":"

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It is being reported that General Motors, like other carmakers, is scaling back some of its ambitious electric vehicle (EV) plans due to lower-than-expected customer demand.<\/p>\n

The latest delay involves GM\u2019s St. Catharines plant in Ontario, Canada, which was set to produce over 400,000 EV drive units annually. This shift was intended to transition the plant from manufacturing the profitable Gen 5 V8 engines and dual-clutch transmissions (DCT) used in the C8 Corvette.<\/p>\n

However, according to The St. Catharines Standard, these plans have been postponed due to slower-than-anticipated growth in EV demand. Despite the delay, GM assures that the transition to EV production at St. Catharines is still in progress.<\/p>\n

Natalie Nankil, GM Canada\u2019s director of corporate and internal communications, stated, \u201cWork continues to retool the V-6 engine and 6-speed transmission lines at St. Catharines Propulsion Plant to make way for EV drive units and we are assessing the timing for that transition. We will continue with our long-standing strategy of building to demand for our propulsion technologies.\u201d<\/p>\n

This decision follows Ford\u2019s April announcement of a two-year delay in producing a new electric SUV at its Oakville, Ontario plant, now expected in 2027 instead of 2025. Additionally, Ford\u2019s Blue Oval City plant in Tennessee is set to start operations in 2026, a year later than originally planned.<\/p>\n

These delays coincide with a JD Power survey reported by the Canadian press, which found that only 11 percent of respondents were \u201cvery likely\u201d to purchase an EV as their next vehicle, a three percent decrease from the previous year. Furthermore, Statistics Canada noted a decline of nearly 5,000 zero-emission vehicle registrations in the fourth quarter of 2023 compared to the third quarter.<\/p>\n

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We Are Seeking 2014 \u2013 2019 Cream Puffs<\/strong><\/h3>\n


Lemons Continue to Make Lemonade!<\/strong>
Send your car\u2019s information to\u00a0Troy@CorvetteMike.com<\/a><\/p>\n

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<\/strong> Corvette Mike Hat Girl poses with Kindig at his<\/strong>
25th Anniversary celebration in Salt Lake City on June 8th.<\/strong>
The car in the background is The 2024 Don Ridler Memorial Award Winner:<\/strong>
1953 Corvette Custom \u201cTwelveAir\u201d<\/strong><\/strong><\/p>\n

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Win a 2024 Corvette Z06 with Z07 plus $25,000!<\/a><\/strong><\/strong><\/p>\n

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The Auburn Cord Duesenberg Automobile Museum is offering your chance to win a highly optioned 2024 Corvette Z06 Convertible plus $25K to pay the taxes! This Corvette has an MSRP of nearly $170K and it features the Riptide Blue Metallic with a 3LZ Black\/Sky Cool Gray interior. Boxes checked on the order form include the Z07 Performance Package, visible Carbon Fiber aero and ground effects, Front Axle Lift, and Brembo\u2019s carbon ceramic brakes, while the interior includes a sueded microfiber\/Carbon Fiber steering wheel, the Stealth Interior Trim Package, and the Carbon Fiber Interior Trim Package.<\/p>\n

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This Week\u2019s Owner\u2019s Corner<\/strong><\/h3>\n

Send your story and get a free keychain!<\/em><\/p>\n


Michael K.<\/em>
<\/em>
I currently own 4 Corvettes, my mom & dad have had corvettes before they were married & I have been fortunate enough to have lived the Corvette dream for my entire life.<\/p>\n

First memory of a Corvette\u2026.. dad\u2019s newest Corvette in 1972. The back window was removable & the light bulb status indicators on the center console were a fascination to me.<\/p>\n

Michael K.<\/p>\n

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1965 L76 Convertible<\/a><\/strong><\/strong><\/p>\n

Estate Sale!<\/strong>
Very original and a fantastic driver!<\/strong><\/strong><\/a><\/p>\n

Very original and a fantastic driver!<\/strong><\/strong><\/a>
<\/a>
Silver Pearl w\/Black Interior, #\u2019s Matching L76 327\/365hp, 4-Speed Manual<\/p>\n

This \u201965 features a #\u2019s matching L76 small block, backed by a 4-speed manual transmission. Additional options include power brakes, aluminum knock off wheels, wrapped in white wall radial tires, power windows, am\/fm radio and Teakwood steering wheel.<\/p>\n

It\u2019s been painted once. The interior is in very nice condition and has a newer soft top.<\/p>\n

Just serviced and ready to go! This \u201965 is one of the nicest running mid-years we\u2019ve had in a while! A blast to drive!<\/p>\n

Priced at $79,900<\/strong><\/a><\/p>\n

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1967 L71 Convertible<\/strong><\/a><\/p>\n

Bloomington Gold Award and Rare Factory Side Exhaust!<\/a><\/p>\n

<\/a>
Tuxedo Black w\/Black Interior, 427\/435hp, 4-Speed
Very rare factory side exhaust and shoulder harnesses!<\/p>\n

The \u201967 L71 427\/435hp Convertible is still considered the \u201cKing of the Hill\u201d by most Corvette aficionados. \u00a0But within this category, there is still a standout. \u00a0And that would be a \u201967 L71 Convertible . . . in Tuxedo Black! Black was always the rarest color, but in this configuration, it\u2019s REALY RARE!! Not to mention extremely desirable and very collectible!<\/p>\n

Built on 9\/16\/66, this early, matching #\u2019s engine example, has been completely and correctly photo-documented frame-off restored, and is a Bloomington Gold Award winner. It is optioned with the very rare factory side exhaust, shoulder harnesses, Bolt on wheels wrapped in Red Line tires and is documented with the original Tank Sticker, N.C.R.S. Tank Sticker Validation and Shiping Data Report, old inspection certs dating back to the \u201970\u2019s and more!<\/p>\n

Realistically Priced At: $350,000<\/a>
Priced accordingly to the sale of the
Black 67\u2032 Coupe at Mecum Indy last month.<\/p>\n

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Great Gifts for the Corvette Enthusiast!
Corvette Mike Swag and Collectibles<\/a><\/p>\n

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Comic of the Week<\/h3>\n

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<\/p>\n<\/body>","protected":false},"excerpt":{"rendered":"

It is being reported that General Motors, like other carmakers, is scaling back some of its ambitious electric vehicle (EV) plans due to lower-than-expected customer demand. The latest delay involves GM\u2019s St. Catharines plant in Ontario, Canada, which was set to produce over 400,000 EV drive units annually. This shift was intended to transition the plant from manufacturing the profitable Gen 5 V8 engines and dual-clutch transmissions (DCT) used in the C8 Corvette. However, according to The St. Catharines Standard, these plans have been postponed due to slower-than-anticipated growth in…<\/p>\n","protected":false},"author":1,"featured_media":7157,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-7156","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corvette-news"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/corvettenewsforum.com\/wp-content\/uploads\/2024\/06\/GM-St.-Catharines-Propulsion-Plant.jpg?fit=640%2C376&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/corvettenewsforum.com\/index.php\/wp-json\/wp\/v2\/posts\/7156","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/corvettenewsforum.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/corvettenewsforum.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/corvettenewsforum.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/corvettenewsforum.com\/index.php\/wp-json\/wp\/v2\/comments?post=7156"}],"version-history":[{"count":0,"href":"https:\/\/corvettenewsforum.com\/index.php\/wp-json\/wp\/v2\/posts\/7156\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/corvettenewsforum.com\/index.php\/wp-json\/wp\/v2\/media\/7157"}],"wp:attachment":[{"href":"https:\/\/corvettenewsforum.com\/index.php\/wp-json\/wp\/v2\/media?parent=7156"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/corvettenewsforum.com\/index.php\/wp-json\/wp\/v2\/categories?post=7156"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/corvettenewsforum.com\/index.php\/wp-json\/wp\/v2\/tags?post=7156"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}