GM Targeting $50 Billion In EV Revenue By 2025 via insideevs.com
In a recent press release, General Motors outlined several of its short-term goals related to electrification. Undoubtedly, the firm is dedicated to launching EVs and soon aims to have multiple electric offerings in 70% of industry segments. By 2025, GM aims to generate $500 billion a year in EV revenue. The firm's CEO, Marry Barra, stated the following:
“GM’s ability to grow EV sales is the payoff for many years of investment in R&D, design, engineering, manufacturing, our supply chain and a new EV customer experience that is designed to be the best in the industry.”'s"multi-brand, multi-segment, multi price point EV strategy" gives it"incredible leverage" to grow revenue and market share. Furthermore, Barra mentioned the positives of GM's Ultium Platform and how it will continuously be improving.
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