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GM's 2025 EV production capacity target in doubt after Barra comments - TL;DR CNBC

GM's 2025 EV production capacity target in doubt after Barra comments

Publishing timestamp: 2024-07-15 22:15:42


Summary

GM's goal of producing 1 million all-electric vehicles in North America by 2025 is in doubt as CEO Mary Barra stated that the market is not developing as quickly as expected. The company may provide more details on its EV plans when it reports second-quarter results on July 23.


Sentiment: NEGATIVE

Tickers: GM

Keywords: detroitautosearningsbreaking news: technologytransportationbreaking news: businessbusinessgeneral motors cobusiness newstechnologymary barra

Source: https://www.cnbc.com/2024/07/15/gms-2025-ev-production-capacity-target-in-doubt-after-barra-comments.html


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