AzScorpion
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Looks like GM isn't giving up on ICE vehicles anytime soon with this 1 Billion investment. They want to strengthen its industry-leading full size trucks and SUV's which might be what we've known all along. EV's just can't tow or travel long distances in these types of vehicles and the technology for them to won't be around for a while. It also means the Vette won't be going full EV anytime son either.
https://jalopnik.com/gm-is-investing-almost-1-billion-in-new-v8-engines-1850013640
https://jalopnik.com/gm-is-investing-almost-1-billion-in-new-v8-engines-1850013640
GM announced on Friday that it would be spending $854 million to make its sixth-generation small block V8, and $64 million to help its EV efforts, in news that sounds like it belongs in a different year but isn’t. The news also confirms that a sixth-generation small block V8 is happening, which GM says it intends to use to “strengthen its industry-leading full-size truck and SUV business.”
The fifth-generation V8 is currently used in a variety of cars, trucks, and SUVs in a variety of configurations, from the base C8 Corvettes to some versions of the Sierra. News that there will be a sixth-gen comes as only a small surprise, as GM expects to still be selling a lot of gas trucks and SUVs for years to come, likely in part because towing range in electric vehicles still sucks.
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