This is definitely bad news
This is definitely bad news for GM because there is a surprising lack of EV support coming from GM today. Look at the articles and news on the Silverado and upcoming Corvette, and in contrast the relative absence of EV advancement and innovation from GM. Sure, we have Cadillac's announcement of being GM's EV torch carrier, but no real info on the new models or features, and now the Bolt is virtually unchanged despite Hyundai/Kia rivals getting great reviews, and the ongoing success of the Tesla Model 3. We have rumors of the Bolt EUV, and perhaps a 545HP, AWD, hybrid version of the Camaro, but again the only things that we see are the production end of the Volt, and cosmetic changes for the Bolt. Now it is true that even though VW is shouting very loudly that they have plans to build 1 million EVs, and have their MEB platform ready for production, there are no new BEV vehicles in showrooms yet, And Ford is worse, as they killed off their compliance EV Focus, and most all of their cars and EVs in general, with maybe a PHEV Escape later in the year, and a hybrid Explorer announced, but no MPG info given. Chrysler is (expectedly) worse still, having only their Pacifica Hybrid as a real PHEV, and their notably-feeble ETorque, passive hybrid technology to try and keep them from getting more millions in EPA fines. I get the feeling that the American automakers (except Tesla) are purposely dragging their feet on EVs, just as they did in the 70's with economy cars, and subsequently they gave away the market to imports.