With almost 80,000 people on the waitlist, General Motors is struggling to keep up with the demand for its new electric Hummer. GM is experiencing significant supply-chain problems due to the lack of delivery personnel, raw materials, and necessary parts to complete and test the company’s electric vehicles. Currently, on average, GM is only producing about 12 Hummer EVs a day.
Customers on the waiting list are not happy. Recently, GM also raised the average prices of their EV listings by $6,250. According to an interview with CNBC, the reason for the long wait times and the surge in price is because of “higher prices for parts, technology, and logistics”. Tesla also did a similar move by increasing its EV listing prices, however, these surges do not affect vehicles sold before the new price is in effect.
GM, though, is taking charge and trying something different. One of the main reasons that GM is lagging in its production is because of a shortage of EV batteries. To combat this, GM is hoping to create large battery-producing centers throughout North America, specifically the United States. They are working together with states like Ohio, to produce large factories and electric vehicle battery production centers. Hummer batteries are large and have more cells than other EV batteries, which makes them harder to produce.
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