GM laying off workers in Arizona -- Opportunity for Lucid

[Steveinarizona]

General Motors to close Chandler innovation hub, lay off 936 workers

General Motors said it will close its Chandler innovation hub and lay off 936 people roughly 18 months after the automaker announced expansion plans.

www.azcentral.com

Not very far from Lucid manufacturing plant. Might be an opportunity to add some talent to the Lucid software pool.

 

[Keith58]

Maybe? I wouldn’t say GM is leading the charge on electrification (get it?) given that they are completely dependent on a vaporware battery. I’d probably try to avoid the legacy auto mentality if I were management at Lucid.

 

[Adnillien]

Maybe? I wouldn’t say GM is leading the charge on electrification (get it?) given that they are completely dependent on a vaporware battery. I’d probably try to avoid the legacy auto mentality if I were management at Lucid.

A lot of key people in Lucid are from legacy auto makers. Steven David is the VP of operations at Lucid is one of the best people that I have met from Lucid. He came from Stellantis and cleaned up many of the early manufacturing issues at the Casa Grande factory. I get the general comment about electrification but legacy auto makers have some very good people.

 

[xponents]

Maybe? I wouldn’t say GM is leading the charge on electrification (get it?) given that they are completely dependent on a vaporware battery. I’d probably try to avoid the legacy auto mentality if I were management at Lucid.

A vapor ware battery? You mean ultium?

 

[Keith58]

A vapor ware battery? You mean ultium?

Yep

 

[xponents]

Yep

But ultium is in use in a lot of gm products..

 

[Keith58]

Sure is. If they could manufacture it.

GM Shares Drop After Warning Battery Issues Are Slowing EV Production, Again

General Motors shares dipped as the carmaker once again warned that production of its electric vehicle lineup is being slowed by issues assembling updated battery modules.

www.investopedia.com

 

[xponents]

Sure is. If they could manufacture it.

GM Shares Drop After Warning Battery Issues Are Slowing EV Production, Again

General Motors shares dipped as the carmaker once again warned that production of its electric vehicle lineup is being slowed by issues assembling updated battery modules.

www.investopedia.com

Pretty hard to manufacture when all but one ultium car use 1000 kWh battery packs.. lol

 

[Keith58]

Pretty hard to manufacture when all but one ultium car use 1000 kWh battery packs.. lol

That’s why I’m not worried about having to pick up my Hummer EV anytime soon. My guess is my Lucid lease will be over long before I get the call to convert my hundred bucks into an SUV.