For the past decade, electric vehicles have all been about Tesla, Tesla, and Tesla. GM is making a push to compete further with Tesla within the next few years as they are coming out with 22 electric vehicles of their own!

Electric cars have been around since Thomas Edison and Henry Ford. Due to comfort, expedition, and reliability of the electricity, Edison was keen on to have a stronger opinion on gas.

Tesla is similar to Apple infrastructure in the landscape of patenting their technology. Therefore, they are considered luxury and not available everywhere. However, GM is more of an Android as they are capable of charging and servicing by releasing new electric vehicles out.

Hence, GM is coming out with one single electric vehicle that costs $23,000 specifically for Chinese market. On top of that, the company produced 8 million cars last year.

With this strategy of GM, other auto makers will make the switch on their own as well. This will surge the electric vehicle stocks and keep the auto industry lasting longer. GM is a traditional company and Tesla is the cool new tech firm. GM is learning the ropes from Tesla to change their vision of operation and production.

With the switch, electric cars will become more popular and demand for gas will go down. The effect of Coronavirus on traveling had some input which can’t be ignored as well. In general, there will be more shift from C-level positions in auto industry within the next few years about their decision plan to survive this new market.