Manufacturing

GM: EV margins will nearly match internal combustion vehicles by mid-decade

Barra on Wall Street
GM CEO Mary Barra rang the opening bell at the New York Stock Exchange on Thursday. She told investors: "Our multi-brand, multi-segment, multi-price point EV strategy gives us incredible leverage to grow revenue and market share." (GM/Todd Plitt for General Motors)
November 17, 2022 08:08 PM

General Motors on Thursday said its electric vehicles would be "solidly profitable" by 2025, when it expects to be building 1 million of them a year in North America and 1.2 million battery cells daily in the U.S.

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