GM overtakes Ford as second-best seller of EVs in U.S. but still trails Tesla by a wide margin
Publishing timestamp: 2023-04-04 23:01:14
Summary
General Motors has become the second-best seller of electric vehicles (EVs) in the US during the first quarter, overtaking Ford Motor. However, both companies still significantly trail behind industry leader Tesla. GM sold 20,670 EVs during the first three months of the year, while Ford sold 10,866. Ford's drop in rankings and sales was largely due to production downtime at two of its North American plants that produce EVs. Both GM and Ford have said they plan to overtake Tesla in EV sales in the years ahead.
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Tickers: TSLA, F, VOW3-DE, HYU-FF, GM, VWA-BE, .FKRX300,
Keywords: transportation, electric vehicles, general motors co, ford motor co, autos, business news, volkswagen ag, business, tesla inc, hyundai motor co, detroit, breaking news: business, united states,
Source: https://www.cnbc.com/2023/04/04/gm-overtakes-ford-in-us-ev-sales-still-trails-tesla.html