And, a recent tour of one of the Asian powerhouse’s vehicle plants has proved this beyond a shadow of a doubt, at least to Honda President and CEO Toshihiro Mibe.
“We have no chance against this,” Mibe said upon a visit to a Shanghai parts factory, commenting on its seamless automation across all levels of production. Logistics, procurement and all aspects of the process were so automated, in fact, that he did not spot a single human worker on the supplier’s floor.
Ford executives saying even three years ago that China was way ahead of the game
Toyota’s CEO has likewise said regarding not just his company, but the industry in general, “unless things change, we will not survive”
The bolt wasn’t a profitable car. They used it to learn and get to the profitable vehicles they are making today.
They’re making profitable EVs? This is Chevrolet you’re talking right? I said the bolt was good not profitable. Profitable is high margin garbage sold to morons, literally Tesla. And I’m not so much as riding in one of those piles of shit.
I believe the newer models are profitable yes, although not highly. And they still haven’t covered the cost of all the R&D, but selling a vehicle profitably, is the first step to that.
And yes, for what it was, the Bolt was good, its main drawback being the lack of high speed charging, but for a lot of people that was fine.