Whaaat?! Got into the issue a bit more on a Saturday arvo. It appears EV demand is not only dropping hard in the US, but Germany and the UK as well, causing idling plants.
https://www.youtube.com/watch?v=tTmeNizYWG4
The following channel has similar episodes to Chevy for Ford, Honda, Jeep - the vids sound like they are giving EV away for affordable ICE, for now:
https://www.youtube.com/watch?v=yFszQsmqH3w
(at 2:13 they show an Aussie Barra when mentioning Mary Barra, I lol'd)
So what's going on? What's the truth, for EV sales are increasing, the Chinese are increasing their exports as their internal demand softened after Evergrand etc, Western politicians seem to be walking back the ICE bans by 2035, US domestic manufacturers are idling their EV plants to stop cash burn, Tesla is expanding greatly, Tesla is also dropping prices in the US, maybe we have a recession coming knocking internationally as high interest rates slow consumption (not in Australia mate! safe as houses!)...?
It sure is a disruptive moment in the auto industry.