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Don't Look Now, but GM's EV Sales Are on Fire
GM's president of global markets says their EV portfolio "is growing faster than the market," according to Investopedia, "because we have an all-electric vehicle for just about everybody, no matter what they like to drive." The headline at Barrons? "Don't Look Now, but GM's EV Sales Are on Fire."...
They also reduce the need to cut production because dealer lots are full... GM expects to generate a full-year operating profit of about $14 billion. And Investopedia argues that while GM's EV sales growth is "soaring," Ford's is showing "only modest gains. Ford is hoping to boost EV sales by offering buyers a free home charger and installation.
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