General Motors’ plan to transition to a 100% electric stock of vehicles appears to be hitting choppy waters, with CEO Mary Barra telling NBC News that such a pivot could take “decades”:
“In an exclusive interview with NBC News correspondent Tom Costello, Barra clarified the company’s previously stated intention to eventually phase out gas-powered cars.
“‘I wouldn’t say we’re recommitting,’ Barra said of the company’s pledge, first announced more than six years ago. ‘You know, we said back in 2018 that we’re committed to an all-electric future. But as we make this transformation, it’s going to happen over decades. And that’s why I couldn’t be more proud of our gas-powered fleet as well.’
“The remarks come amid a softening sales environment for electric vehicles in the U.S. In April, Cox Automotive reported that Kelley Blue Book data showed that the first quarter of 2024 saw the first quarter-over-quarter decline in EV sales since the pandemic and that sales were up just 3% year-on-year.
“Last spring, GM announced it was discontinuing its Chevy Bolt EV, which had previously made up the vast majority of the company’s electric vehicle sales, in favor of a new EV platform called Ultium that serves as the battery system across its remaining electric fleet.
“Barra told NBC News that GM now has offerings for virtually any consumer preference, whether it’s gas or electric.”
To read the entire article by NBC News, please click HERE.