GM wants to rapidly ramp up production of electric vehicles to meet demand. Auto123 has the details.
General Motors wants to accelerate its production of electric vehicles, and quickly. The company has big ambitions in this area, but to make it possible, it will need to increase its current production rate.
2024 Chevrolet Blazer EV red Photo: General Motors Within a year, these vehicles will all be on the market. GM hopes to be able to build 400,000 units annually by then, but Automotive News reports that the company’s aim beyond that is to reach a capacity of one million units built per year by 2025. GM executives told Automotive News that production has increased in recent months and continues to grow. CEO Mary Barra said the company built 50,000 electric vehicles in North America in the first half of this year. It's worth noting that four out of five of those were Chevrolet Bolts, which are assembled on the company's old electric structure and not the Ultium platform that will serve all the future EVs, as well as the next-generation Bolt.
Cadillac Lyriq in production Photo: General Motors “There’s been some criticism that we should have been faster with our EVs. We’re going as fast as we can, but we wanted to make sure we were leveraging a platform that’s going to give us efficiency with Ultium and that consumers weren’t going to have to compromise. I’m very confident with the product portfolio we have coming, the pricing and the demand,” Barra is quoted as saying, by Automotive News.
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