Obviously the sales for the Mini EV would have been included in those chart numbers (unless it didn't qualify as a real car) but how were they allocated to the joint venture partners. It would have had a substantial effect on the position of GM and SAIC on that chart depending on how they were split up. If Wuling was given 1/3 of the Mini EV sales they would have appeared ahead of Toyota in position 12 but I don't see them there at all.
That GM investor presentation is amusing, the top graph is optimistic but sort of believable. The next one is definitely in the "rose coloured glasses" category if they think that their traditional ICE business will still be growing in 2025 and won't be substantially less than the 2020 result in 2030 but the last one is complete fluff. Do they honestly think that new growth will be more than 1/4 of their (increasing) revenue by 2030. I guess that is marketing for you.
ORE Price at posting:
$8.33 Sentiment: None Disclosure: Not Held
