General Motors tones down its EV production expectations
![The U.S. automotive giant has revised its electric car and truck assembly plans for the current year. The U.S. automotive giant has revised its electric car and truck assembly plans for the current year.](https://4kjf3mn4s8.a.trbcdn.net/storage/images/8/61535/dfc39b8f213b781d51ec5b6a8a36a8aa01.jpg)
The U.S. automotive giant has revised its electric car and truck assembly plans for the current year.
The original target was 300,000 units in 2024. The corporation has now admitted that it will be able to deliver 250,000 units at best, or 200,000 if the market continues to shrink.
Apparently disinterested in winning any originality contests, GM Financial Director Paul Jacobson claims that the sinking popularity of EVs is solely to blame for the crisis. If you look closer, however, you may realize that GM has been struggling a lot with producing quality electric vehicles on its troubled Ultium platform recently.
In other words, even in the slumping EV market of today, some manufacturers fare better than others; GM just isn’t among them.
Editor Andrew Raspopov
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