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Mobility

GM CFO: EV profit, scale to expand as Ultium plants open

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Jacobson: “Not all vehicles will be created equally in profitability as we go through an aggressive launch cycle.” (BLOOMBERG)
HL
By:
Hannah Lutz
August 09, 2022 09:29 PM

General Motors has accelerated development of its electric vehicles to get them to the market faster. Scaling production to improve EV profits comes next.

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