General Motors To Announce Its EV Business Will Be Profitable Come 2025

The automotive giant also wants to double its overall revenues by 2030 and bring in around $280-billion from both internal combustion and electric vehicle sales. When this was announced GM said it would also expand its operation “beyond the vehicle,” taking advantage of its vast network of research and production facilities spread around North America and many parts of the world.

But GM is not expected to just talk about EV profitability on November 17, as Marry Barra will be joined by other high-ranking company execs on stage. Mark Reuss, GM President, will also be present, as will the company’s product development boss, Dougk Parks, who is expected to talk about advancements made to the Ultium platform and specifically in regard to improved EV battery energy density with the second-generation Ultium batteries.

General Motors Is “Leading” The World In EVs — 26 EVs Sold In Q4

Correction: Trevor Milton Jr. announces far fetched goals again

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