Tag

Production Goals

All articles tagged with #production goals

business1 year ago

GM Lowers 2025 EV Production Goal Amid Market Challenges

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.

electric-vehicles2 years ago

Henrik Fisker Talks Future Plans for Fisker Ocean and PEAR in Interview.

Henrik Fisker, CEO of Fisker Inc., plans to sell one million electric vehicles within four years to compete with major automakers. The company's flagship electric SUV, Fisker Ocean, is set to be approved for road use and delivered this spring. Fisker also plans to have the second EV model, PEAR, built in the USA during 2024. Talks are ongoing with major car manufacturers about sharing technological platforms for future vehicles, but nothing has been decided yet.