GM Expects to Build 200,000 to 300,000 EVs This Year
General Motors expects to build 200,000-300,000 electric vehicles in 2024 but is “prepared to meet customer demand as market conditions evolve” for both EVs and internal combustion engine vehicles this year. While neither CEO Mary Barra nor Chief Financial Officer Paul Jacobson repeated during the company’s 2023 earnings call with Wall Street analysts Tuesday the longstanding goal to reach a 1-million EV annual rate by next year, a spokesman via email confirmed the automaker still expects to reach that milestone by the end of 2025. Barra came under fire late last year for GM’s big investment in EVs—even raising speculation she might have to step down as CEO—but she said the automaker “remains committed” to becomin
