There's a saying on Wall Street: "The trend is your friend." Until fundamentals change, an investment will continue to flow in the same direction it had been flowing. Growing companies keep growing, and wise investors buy into it.
EV cars and trucks have seen this kind of growth the past 20 years, some of it driven by hype and much of it by public demand. Every automaker has been active in the development of vehicles that reduce the carbon footprint of gasoline-powered internal combustion engines.
The media coverage of this adoption of EV technologies has been extensive. What's been missed, or seems so at times, are the advances in Clean Diesel technologies. Their reputation as being loud and smelly is so fixed in some peoples' imaginations and memories that they are unable to see the New Diesels in their true light. Fortunately, major automakers recognize the consumer demand.
This week GM Authority published a story by David Finlay about GM's continued commitment to diesel. The December 26 article is titled, "Availability of Diesel Models Has Doubled Since 2016." It begins:
The availability of turbodiesel engines in General Motors vehicles sold in the U.S. has doubled in the past five years. During the 2016 model year, just six GM diesel models were available. In 2021, that number has risen to 12.
The article includes a chart showing which GM models have had diesel engines and what kind of engines they were, from the 1.6L 14 LH7 WhisperDiesel to the 6.6L V8 L5P, which has a toque close to 1,000 pound-feet.
The article includes a chart showing which GM vehicle models have been powered by diesel engines and the kind of engines they've got under the hood. In 2021 you'll find Duramax engines in all its full-sized vehicles include the Chevrolet Silverado 1500, Tahoe Suburban, GMC Sierra 1500, Yukons and the Cadillac Esscalade, which we wrote about here.
Finlay points out that GM has been neglecting its EV offerings. Not by a long shot. In fact, the global giant has announced plans to roll out 30 EVs worldwide by 2025. In the meantime, don't expect EVs to outsell diesel powered vehicles in the U.S. anytime soon.
Read the full article here:
https://gmauthority.com/blog/
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