GM CEO Mary Barra says electric vehicles to be profitable by 2025
The Detroit automaker has a goal of selling only electric passenger vehicles by 2035.
“Our commitment is to lead the industry,” Chief Financial Officer Paul Jacobson told reporters ahead on the investor day event. “We believe that with the infrastructure that we put in place and the vehicles that you’ll see today, we’ll be able to get there.”The profit forecast for electric vehicles seemed to be a step back from earlier predictions that a new generation of GM EVs would make money from the start.
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