North American automaker giant GM warns EV production hindered until late 2023


🇺🇸 North American automaker giant GM warns EV production hindered until late 2023.

General Motors executives are stating that the company will be unable significantly increase its EV production until its US battery cell production plants are finished construction. Competitors Hyundai and Ford have been closing in on industry leader Tesla, and General Motors doesn’t want to figuratively “miss the boat”. The automaker’s launch of the GMC Hummer EV in 2021 only sold 854 vehicles in 2022.

Read more from CNBC ▶

Previous
Previous

The national diesel average is creeping upward

Next
Next

Austrailia-based 3PL Lexington Logistics is making waves