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Despite Slow Sales, GM’s Mary Barra Continues to Believe in Electric Vehicles


General Motors CEO, Mary Barra, has addressed concerns regarding the company’s electric vehicle initiative by stating that they have resolved issues with battery manufacturing and are on track to make their electric vehicles profitable. This news comes as a welcomed announcement for the automotive industry as General Motors has been making significant investments in electric vehicles in recent years.

Barra’s comments come at a time when the electric vehicle market is rapidly growing and becoming increasingly competitive. With companies like Tesla leading the charge in the electric vehicle space, General Motors has been facing pressure to deliver high-quality electric vehicles that can compete with the industry leader.

In the past, General Motors has faced challenges with battery manufacturing that have hindered their ability to make electric vehicles profitable. However, Barra’s assurance that these issues have been resolved is a positive sign for the company’s future in the electric vehicle market.

The shift towards electric vehicles is part of a broader trend in the automotive industry towards sustainability and environmentally-friendly practices. As governments around the world implement stricter emissions regulations, automakers are under pressure to transition to electric vehicles to meet these requirements.

With Barra’s announcement, General Motors is signaling its commitment to the electric vehicle market and its confidence in the profitability of its electric vehicles. This news is likely to be well-received by investors and consumers alike, as General Motors continues to position itself as a leader in the electric vehicle space.

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Photo credit www.nytimes.com

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