Skip to content
Northwest Trail

Northwest Trail

  • Engineers arrested for racing General Motors cars Automobile
  • Samsung Smart TVs will now include Apple iTunes. Business
  • TRAI Slashes Rate Of Mobile Number Portability By 79% Internet
  • ACLU Proclaims It Was Unable To Verify Migrant Reunifications News
  • Working Methods To Promote A Dumpster Rental Business Online Business
  • 5 Ways to Handle Yourself During Cisco 200-301 Exam Sitting: Practice Tests as Your Savior from Anxiety Education
  • Samsung Galaxy S9 Consists Of A Feature That Is Missing In Pixel 2, iPhone X, And Others News
  • Ford’s profitability were harmed by a scarcity of chips Automobile

Fuel-powered cars must help pay for electric vehicles’ development in the future

Posted on January 24, 2022 By admin No Comments on Fuel-powered cars must help pay for electric vehicles’ development in the future

Fuel-powered cars must help pay for electric vehicles' development in the future

Although electric cars were focused on at the Detroit auto show, cars that run on petrol are still required to fund electrical dreams. Without fuel-run cars, companies will not be able to pay for investments needed for development of electrical vehicles. Ford and General Motors had already made announcements prior to the show about their plans of investing in electric vehicles. Ford has plans of investing $11 billion by 2020 for creation of 40 fully and hybrid electric cars. GM’s Cadillac also plans on launching electrical vehicles, which may then become the company’s flagship brand for electrical cars, giving tough competition to Tesla. The Chevrolet Volt is already an electric vehicle manufactured by GM.

See also  Uber changing its regulations to comply with the AB5

Analyst Michelle Krebs said that autonomous and electrical vehicles may ultimately prove profitable for American car-makers. But for now SUVs, pickup trucks and crossovers have to be trusted as they bring in steady money. The Infiniti QX Inspiration was talked about a lot but the fully electric SUV concept vehicle faced technical difficulties during its unveiling at the show. There were only few other fully electric cars displayed at the Detroit auto show. As larger vehicles mean higher prices, they act as driving forces behind bumper profits of US car-makers. This means that manufacturers plan on staying in that path. Some of the larger car models displayed at the show were Cadillac’s XT6, Ford’s Explorer SUV and production version of 2020 Kia Telluride.

See also  Workplace wellness is changing because to the rise of the enterprise wearable

Some analysts are however not convinced that selling greater number of larger cars will help car companies in remaining profitable for enough time to develop autonomous and electric vehicles. And with rising taxes in America, market may even face a downturn, predict economists. So consumers need to look at future technology, the time of availability of which has still not been fixed yet.###

See also  Unemployment numbers outpacing the government efforts
Automobile, News

Post navigation

Previous Post: Germany Registers Slowest Growth in 5 Yrs
Next Post: Breast Cancer Risk Assessment Test Developed by Cancer Research UK

Related Posts

  • Alongside its competitors, Qualcomm is interested in purchasing a stake in Arm Business
  • Netflix and Prime video to reduce streaming equality News
  • Sound waves in piezoelectric materials guide electrons News
  • FCC Filing Suggests An Unreleased Google Wi-Fi Device
    FCC Filing Suggests An Unreleased Google Wi-Fi Device News
  • Dallas Fed President says that labor market might be at the full employment levels News
  • Exploring the Rapidly Growing Market for Maracuja Oil Business

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Automobile
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Internet
  • News
  • Sports
  • Technology
  • Uncategorized
  • Vacuum Belt Dryer Market Forecast: Strategic Insights and Future Trends 2032
  • Vegetable-Oil-Based Cutting Fluids Market Landscape: Trends, Innovations, and Projections 2032
  • Tooth Regeneration Market Dynamics: Key Drivers and Challenges 2024
  • Construction Materials Market: Trends, Analysis, and Future Outlook 2032
  • Offshore Wind Energy Market Size Overview 2024
  • OnePlus 5T Buyback Scheme Rolled Out In India Technology
  • PNB Fraud To Be The Mainstay During Parliament Session In March Finance
  • By 2028, The Wireless Health Market Was Predicted To Be Worth USD 343.45 Billion Health
  • Vacuum Belt Dryer Market Forecast: Strategic Insights and Future Trends 2032 Business
  • Vegetable-Oil-Based Cutting Fluids Market Landscape: Trends, Innovations, and Projections 2032 Business
  • Caterpillar Feels The Pinch Of Trade War Between US And China Business
  • Apple Mac Repairs Technology
  • Samsung Galaxy S9 Consists Of A Feature That Is Missing In Pixel 2, iPhone X, And Others News

Copyright © 2025 Northwest Trail.

Powered by PressBook News WordPress theme