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    GM not reiterating 2025 1 million EV production capacity forecast

    By Reuters,

    13 hours ago
    https://img.particlenews.com/image.php?url=2dEPeh_0uSK3DtG00

    (Reuters) - General Motors on Monday declined to reiterate its previously announced forecast that it would have 1 million units of electric vehicle production capacity in North America by the end of 2025.

    A GM spokesperson said the automaker would meet EV demand but did not repeat the prior production target. "We’re being flexible. We haven’t announced a new capacity target and we will build to demand."

    GM CEO Mary Barra said earlier at an event on Monday that GM would not build 1 million EVs next year "just because the market's not developing, but it will get there. And so we're going to be guided by the customer."

    (Reporting by David Shepardson; Editing by Chris Reese)

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