GM says EV hurdles are ‘not an issue now’ as new models roll out

GM's CEO Mary Barra says that the company's EV hurdles are a thing of the past as new models like the Chevy Equinox, Blazer, and Silverado EVs hit the market.

GM aims to build 200,000 to 300,000 EVs this year,

about 20 times more than in 2024,

but still short of its previous 400K EV sales target through mid-2024.

CEO Mary Barra and CFO Paul Jacobson believe that the challenges in scaling up EV production are behind them.

GM has several important all-electric models rolling out this year,

including the Chevy Equinox EV and significantly lower-priced Blazer EV models.

The new entry-level Blazer EV will compete against Tesla’s best-selling Model Y,

while the Equinox EV is being marketed as the "most affordable EV" in its class.

GM's new electric models are set to make a significant impact in the EV market,

providing more options for consumers and potentially reducing reliance on Tesla.