GM on Pace for 25%-30% Unit Growth in EVs This Year: CFO
General Motors is well on its way toward achieving production of a million electric vehicles in North America by 2025, Chief Financial Officer Paul Jacobson told a Deutsche Bank investor conference Wednesday. The supply chain “is making great progress,” he…
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said. “You may see, from time to time, plants coming down for a period of time as we continue to lean in and accelerate that journey. We're trying to manage that in the context of everything going on with chips” and logistics, he said. There are “lots of reasons to be excited in spite of some of the challenges that we might see in the short term,” he said. GM is still “very much in line” with its targets of 25% to 30% EV unit volume growth year over year, he said.