Ford and GM are perhaps the companies that have contributed most to the American automobile industry.
Ford and GM slowly lost their market share and are presently among the top ten automotive market leaders.
Teslas success has been mainly because of its focus on producing electric vehicles.
These models have seen tremendous receptions, with sales exceeding expectations.
Fords innovativeness has seen the company enthusiastically invest in hybrid cars.
The company has several commercial and passenger cars geared to meet different consumer needs.
The company plans to produce a fully electric E-Transit van.
Further, GM expects to become the number one US-based EV seller by 2025.
These are ambitious goals, given they are to be accomplished in three years.
Other considerable investments are targeted at upgrading existing factories to produce electric vehicles.
GM is really committed to an all-electric future, with plans to be fully electric by 2035.
The company plans to stop producing fuel-burning cars.
Also, GMs future does not include hybrids, a very bold move by todays standards.
Even if they are not in its plans, GM presently has the most comprehensive lineup of hybrid cars.
Conclusion
Several factors are in GMs favor.
Ford Motor Company also has some factors that favor its ascent to the top of the sector.
These developments point to a very competitive future that might see Tesla toppled as the leading EV maker.
Therefore, it has access to much more financial and intellectual resources than the two companies combined.
With that, Ford and GMs overall experiences in automobile manufacturing might see either topple the EV giant.
The future sure has a lot in store.
