World NM: After a Botched EV Push, General Motors Is in Deep Trouble001842

General Motors vowed to surpass Tesla as the number one EV maker in the U.S., and its plans look rock solid on paper. In reality, the carmaker is struggling to produce the GMC Hummer EV and Cadillac Lyriq, its Ultium-based EVs, in significant numbers. To make matters worse, GM has announced a voluntary separation program to trim its workforce.

I once believed that GM had everything needed for a successful EV program. The Detroit carmaker … (continue reading…)
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