Tuesday, November 27, 2018

Kudlow is a jerk. He doesn't know what he is talking about.

GM's E100 is manufactured in China for the Chinese market. China needs an electric car and I applaud Barra for taking the initiative.

I swear, the Wall Street crowd simply hates women CEOs.

August 8, 2017
By Peter Valdes-Dapena

...The E100, (click here) which is Baojun's first electric car, is powered by a single 39-horsepower electric motor and has a top speed of 62 miles an hour. The E100 can drive about 96 miles on a fully charged battery, according to GM....

Trump huffs and puffs to blow the house of GM down, but, he isn't able to. The electric car subsidies are an empty threat. The Volt is one of the cars Barra is cutting production and there is only a 200,000 car subsidy as an incentive. GM has sold nearly that many already.

November 27, 2018
By Justin Sink and Ryan Beene

...“There’s great (click here) disappointment that it seems like GM would rather build its electric cars in China rather than the United States,” Larry Kudlow, director of the White House National Economic Council, told reporters at a briefing on Tuesday, just before Trump’s tweets. “We are going to be looking at certain subsidies regarding electric cars and others and whether they should apply or not. Can’t say anything final about that, but we’re looking into it.”...