GM Lowers 2025 EV Production Goal Amid Market Challenges
Originally Published 1 year ago — by InsideEVs
General Motors CEO Mary Barra announced that the company will not meet its goal of producing one million electric vehicles annually by the end of 2025 due to slower market development and various production and software issues. Despite setbacks, Barra remains optimistic about GM's long-term electric vehicle strategy and believes the market will grow as charging infrastructure improves and more consumers adopt EVs.