GM's EV sales momentum is finally building as new vehicle lineup fills out
Publishing timestamp: 2024-09-23 13:00:01
Summary
GM's EV sales have been increasing, but they are still behind Tesla and other competitors. The company remains optimistic about its EV sales momentum and is focusing on expanding its lineup of electric vehicles. GM has withdrawn some of its previously announced electric vehicle targets, but maintains a goal of producing between 200,000 and 250,000 EVs this year. The company is also focusing on customer demand for EVs and believes that the fourth quarter will be strong in terms of EV adoption.
Sentiment: NEUTRAL
Keywords: breaking news: business, ford motor co, detroit, united states, business, mary barra, elon musk, tesla inc, hyundai motor co, general motors co, autos, business news, transportation,
Source: https://www.cnbc.com/2024/09/23/gm-ev-sales-momentum-building.html