All articles tagged with #2025 targets
Rivian received a $1 billion investment from Volkswagen amid ongoing sales struggles, delivering 10,661 vehicles in Q2 2025, a 23% decline from the previous year. Despite lowering its sales targets for 2025, Rivian remains optimistic about its production, relying on new models and technological collaborations, even as potential policy changes threaten EV incentives.
General Motors' goal of producing 1 million all-electric vehicles in North America by the end of 2025 is in doubt after CEO Mary Barra indicated that market demand has not developed as expected. The company has adjusted several EV targets and plans, and a spokesman clarified that the target was about production capacity, not actual production. GM will no longer reiterate its 2025 EV production capacity plans, emphasizing flexibility to meet demand. More details may be revealed in the company's second-quarter results on July 23.