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Old 07-14-2023, 08:23 PM
 
Location: Newburyport, MA
11,867 posts, read 8,961,279 times
Reputation: 15159

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As impressive as the GMC Hummer EV is, it's not hard to understand that it may not sell like hotcakes. It's very expensive - around $100k. It's also a poster-child for excess, weighing in at an astounding 9,000lb - weighing about a ton more than a Silverado 3500 pickup.

Last year, GMC sold 854 Hummer EVs. In the first half of this year, they have sold 65, and it's not that there is big demand but GMC has production issues - it's reported that GMC has over 100 days inventory of these vehicles sitting on dealer lots, so demand is almost nil.
https://carfigures.com/us-market-brand/gmc/hummer-ev
https://www.axios.com/2023/07/10/uns...on-dealer-lots

It does cost a lot of money to develop a vehicle, and it costs a lot of money to set up a modern automated manufacturing line. So this must be a pretty big loser for GM. While one can call it a halo-car, if no one really buys them, I don't think the halo is that bright.

Hopefully the upcoming releases of the Blazer EV and the Equinox EV, which are positioned very differently, will go better.
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Old 07-15-2023, 07:26 AM
 
Location: Floribama
18,923 posts, read 43,211,623 times
Reputation: 18717
It's a flop. I think the Silverado EV and the Lightning will be too.
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Old 07-15-2023, 07:45 AM
 
Location: Newburyport, MA
11,867 posts, read 8,961,279 times
Reputation: 15159
Quote:
Originally Posted by southernnaturelover View Post
It's a flop. I think the Silverado EV and the Lightning will be too.
I don't think the Lightning has been selling as well as Ford has hoped, but it's definitely in a different league than the Hummer EV - Lightning is selling about 1k-2k units per month - 20x the Hummer EV. Ford has jacked up the prices significantly for this model, and that isn't helping them.
https://insideevs.com/news/675622/us...ales-june2023/
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Old 07-15-2023, 08:12 AM
 
Location: Coastal Mid-Atlantic
6,706 posts, read 4,355,906 times
Reputation: 8301
It costs over $100 thousand and weighs over 9000 lbs. Why would anybody want this thing. Just because you CAN make something, doesnt always mean you should.
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Old 07-15-2023, 08:33 AM
 
10,864 posts, read 6,309,877 times
Reputation: 7956
It is still cheaper than bringing a new drug to the market,it costs over $1 billion
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Old 07-15-2023, 09:38 AM
 
Location: Newburyport, MA
11,867 posts, read 8,961,279 times
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Quote:
Originally Posted by RcHydro View Post
It costs over $100 thousand and weighs over 9000 lbs. Why would anybody want this thing. Just because you CAN make something, doesnt always mean you should.
Of course anything like this would need a big battery, but, they could have also worked on aerodynamics, vehicle weight, motor efficiency, battery gravimetric charge density, etc - to hold down the size battery needed. But instead they just said - "That might work, but that would be hard, let's just put a HUGE honking battery in this thing!"

- Tesla Model Y has 70-80kWh battery.
- Ford F-150 Lightning has 100-130kWh battery.
- GMC Hummer EV has 212kWh battery that weighs about 2800lb. Their pack design is also complex and difficult to manufacture.


https://www.youtube.com/watch?v=jB_vDkaO3hU
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Old 07-15-2023, 10:33 AM
 
30,131 posts, read 20,843,952 times
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Quote:
Originally Posted by southernnaturelover View Post
It's a flop. I think the Silverado EV and the Lightning will be too.
They have always been big ugly tanks since the get go when they first came out.
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Old 07-16-2023, 08:11 PM
 
Location: Vallejo
21,599 posts, read 24,739,140 times
Reputation: 18835
Quote:
Originally Posted by southernnaturelover View Post
It's a flop. I think the Silverado EV and the Lightning will be too.
Yeah, I think with the announcement that the Silverado has gone from 40k to 75-80k and won't be available for sale so really it will be 105k nailed the coffin shut on the Silverado EV. If it came out last year maybe. Interestest rates, the tech bust, just general shift in consumer sentiment away from spending that much money... I don't think the sales are going to do well. There will be an initial rush but much of that has already been taken out by the Rivian.
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Old 07-17-2023, 08:28 AM
 
Location: East of Seattle since 1992, 615' Elevation, Zone 8b - originally from SF Bay Area
44,054 posts, read 80,100,596 times
Reputation: 56828
Quote:
Originally Posted by southernnaturelover View Post
It's a flop. I think the Silverado EV and the Lightning will be too.
Like one would expect from electric trucks, the die-hard enthusiasts will but them the first year when they come out, but then sales slow to a trickle. They are just not practical, weighing that much, costing that much, and with the towing range being so low. While I don't like paying over $4/gallon to gas up my F150 5.0 with a 36 gallon tank, my range is over 700 miles, and even towing our 25' travel trailer it will go over 400 miles. I can't image having to stop to charge up an EV truck with a big trailer behind it every 210 miles.
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Old 07-17-2023, 09:11 AM
 
Location: Full Time: N.NJ Part Time: S.CA, ID
6,114 posts, read 12,477,913 times
Reputation: 8674
I think they expected this car to be a status symbol, and it hasn't turned out to be. The pricing not realistic.
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