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GM's EV sales momentum is finally building as new vehicle lineup fills out - TL;DR CNBC

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 GM has withdrawn some of its previously announced electric vehicle targets, but maintains a goal of producing between 200,000 and 250,000 EVs this year.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

Tickers: TSLAGMF

Keywords: breaking news: businessford motor codetroitunited statesbusinessmary barraelon musktesla inchyundai motor cogeneral motors coautosbusiness newstransportation

Source: https://www.cnbc.com/2024/09/23/gm-ev-sales-momentum-building.html


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